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5 Success Tips for Dave Ramsey’s Debt Snowball Method by Personal Finance Expert Jennifer Calonia
Go Banking Rates’ Jennifer Calonia reveals five tips in her latest newsletter installment of “Breaking Up with Debt” that keeps debtors using the debt snowball approach on the path to paying down their debt.
In her feature, Ms. Calonia encourages consumers to place their utility bill obligations on automatic bill pay, in order to make the challenging task of paying down their debt more focused.
“After forgetting to pay my cell phone bill by the due date four times in the past year, I’ve finally resolved to set up automatic bill pay for a number of my recurring monthly bills, like my car insurance payment and cell phone statement,” says Ms. Calonia. “With non-debt obligations being taken care of in the background thanks to automatic bill pay, debtors can fully focus their efforts on the task at hand: paying off debt.”
The report also uncovers additional ways for individuals in debt to secure their goal of being debt-free, like abandoning credit card use moving forward and organizing financial obligations into a visual list.
Click here to read the full report. (http://www.gobankingrates.com/
About Go Banking Rates
GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. Go Banking Rates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.
Additionally, Go Banking Rates partners with a number of major media outlets such as Business Insider and US News & World Report to provide compelling and edifying personal finance content, and its expert editors have been featured and quoted on several premier finance websites like Yahoo! Finance, Forbes, The Street, Huffington Post and more.
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