Let’s run a quick comparison on 2 ways to tackle this debt. One will be paying the monthly minimum in this case ($60), vs. increasing the monthly payment to ($160). Here’s how they compare: <\/p>\n\n\n\n ………………………<\/p>\n\n\n\n Hopefully now you understand why we should get aggressive at paying off our debts. It will allow us to get to an investment state which is where we want to get to. I\u2019d suggest you visit this site<\/a> and enter your current loan or credit card debt to calculate the amount of time it\u2019ll take you to pay it off:<\/p>\n\n\n\n I hope you learned something new from this blog series or at least it opened your eyes to your own finances. The point of this is for you to take a look at your own finances and see where you might be wasting your hard-earned money and try to change that aspect of your life. There are plenty of ways to slip off such as late payment fees or overdraft fees that we can easily address; however, this is easier said than done. I hope these last few blog posts have sparked an interest for you to take action now rather than later and address your personal finance challenges.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>","protected":false},"excerpt":{"rendered":" At this point you have set up an automated system which takes care of your monthly expenses in addition to paying your credit card payments on time. This will ensure that you never miss a payment and incur any kind of late fees, but most importantly it ensures that you don’t miss a payment to … <\/p>\n![\"\"](\"https:\/\/i0.wp.com\/www.abundanciamindset.com\/wp-content\/uploads\/2020\/11\/3000_Loan-1024x1024.png?resize=1024%2C1024&ssl=1\")
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