debt snowball Archives - Baby Boomer Super Saver

June 6, 2019February 21, 2024

Saving For Retirement: Teacher Gets A Gold Star After Starting Over

Saving for Retirement can feel like a long climb up a mountain. — Image by Free-Photo via Pixabay.

This post on saving for retirement contains affiliate links. If you click on a link and make a purchase, I will receive an affiliate commission at no extra cost to you. Please read my disclosure page for more info.

Saving for retirement can be challenging at any age, but what if you haven’t even started? I think it is helpful for baby boomers to hear that it’s possible to catch up retirement savings, from others who have done it.

Learn from others who have used creativity to increase retirement savings via my interview series, Saving for Retirement: Successful Catch-Up Stories. Today I’m excited to share Elizabeth’s story . . .

May 9, 2018February 21, 2024

The Debt Snowball Is The Best Strategy For Killing Debt!

The debt snowball can help you wipe out debt quickly, — Photo credit StockSnap via Pixabay.

This post on the debt snowball contains affiliate links. If you click on a link and make a purchase, I will receive an affiliate commission at no extra cost to you. Please read my disclosure page for more info.

Have you heard of the debt snowball? The idea behind the debt snowball is that by paying off your smallest debts first, regardless of interest rates, you will gain a sense of satisfaction that gives you the motivation to plow through the rest of your debt very quickly.

In this post, we’re going to examine why the debt snowball is the best method to get out of debt, so that you can then put all your efforts into catching up retirement savings.

September 18, 2017February 21, 2024

How Our Money Story Can Help You Improve Your Finances

Image of woman holding out a stack of cash. It's possible to change your money story to improve your finances. — Image by Kredite from Pixabay.

This post on how to improve your finances may contain affiliate links. If you click on a link and make a purchase, I will receive an affiliate commission at no extra cost to you. Please read my disclosure page for more info.

We all have a money story, but did you know you can re-write the ending in order to improve your finances? Here’s how we found the motivation to change our money mindset.

Are you living with the stress of debt? My family struggled with debt far longer than we should have before my husband and I finally woke up, changed our ways, and began saving our money.

We struggled through the Great Recession of 2007 – 2009. At that time, I had my own early childhood education business. Due to the economic downturn, I ended up closing my business and sold all my classroom equipment and supplies.

I went back to work for The Man.