I love to get a deal and feel like I saved money, but this usually results in “You Get What You Pay For”!
We used to buy a new vacuum cleaner every year or two, and each time I would buy the cheapest one we could find.
These vacuums would drive me crazy because I would have to go over and over the same section of carpet to pick up dirt.
They had NO sucking power, would break down in under two years, and did not filter pollen or any allergy particles.
It took me 10 years to figure that […]
I learned about the Snowball Effect the first time we were in debt up to our eyeballs.
It is a strategy where you pay off the debt in order of the smallest to the largest.
This slowly gains momentum as you pay off each balance. When the smallest debt is paid in full, you roll the money you were paying on that debt into the next smallest balance.
We were able to be debt-free in 16 months using this principle.
When we first started doing this, I thought it would never end because, in the beginning, the process […]
