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Home » Personal Finance » Page 2

Posts in category: Personal Finance

Debt Snowball Method

Tackling $40,000 in Debt: Can the Debt Snowball Method Help?

January 19, 2024
by Kojo Enoch with No Comment Personal Finance

"Hey, I've been struggling with a pretty hefty load of debt, nearly $40,000, and it's really stressing me out. I just heard about this 'Debt Snowball' method and was wondering what it is. Can it help me get out of this financial mess? How does it work exa ...

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Debt Repayment Strategies

Best Debt Repayment Strategies: Using Your Salary Wisely

January 19, 2024
by Kojo Enoch with No Comment Personal Finance

In tackling debt, it's crucial to adopt a strategy that aligns with your financial situation and goals. Let’s dive into two popular methods: the Debt Snowball and Debt Avalanche. Debt Snowball Method This approach focuses on paying off debts from smalle ...

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Use Your Salary to Become Debt-Free

How I Used My Salary to Become Debt-Free

January 19, 2024
by Kojo Enoch with No Comment Financial PlanningPersonal Finance

Once buried under a $50,000 debt, life felt like an endless cycle of anxiety and financial strain. Each paycheck seemed to vanish as soon as it arrived, devoured by the ever-growing debt monster. But determined to break free, I embarked on a transformativ ...

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Cost of living

The Cost of Living in the US vs. Ghana (Africa)

January 17, 2024
by Malcolm Aaron with No Comment Personal Finance

It’s difficult to make a direct comparison between the cost of living in the United States and Ghana for one simple reason, that being that it’s a lot more difficult to make a decent amount of money in the latter than it is in the former. But if we were s ...

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PCP Car Financing

Is PCP Car Financing the Right Choice?

January 14, 2024
by Kojo Enoch with No Comment Financial PlanningPersonal Finance

Have you ever wondered how a lot of salaried workers in the United Kingdom can afford cars with hefty price tags, often reaching 50,000 or 70,000 Pounds, despite average salaries not matching up to these figures? The secret often lies in the prevalent use ...

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