Posts tagged as:

debt pay down

Avoid the Biggest Debt Pay Down Trap

by Douglas HoyesThu Aug 19, 2010 Setting a Course to Be Debt Free

Your plan to be To Debt Free is going great. You have made a budget, and you are paying off your high interest debts first. In fact, you have already completely paid off one of your credit cards. Great! That frees up cash each month to pay off other debts, and you are savings hundreds [...]

Tagged as: credit card, debt free, debt pay down

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Should I pay down debt, or contribute to my RRSP?

by Douglas HoyesFri Aug 13, 2010 Setting a Course to Be Debt Free

Next week we will continue our series on Setting a Course to Be Debt Free, but today we will address a very common question: should I pay down my debt, or should I contribute to an RRSP? The answer depends on your circumstances. Here are the four questions you need to answer:

What interest rate [...]

Tagged as: debt free, debt pay down, RRSP

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Avoid the most common debt pay down mistake

by Douglas HoyesThu Aug 12, 2010 Setting a Course to Be Debt Free

Now for the crucial next step in your plan to Set a Course to Be Debt Free. Take your list of debts and arrange them in order, from highest interest rate to lowest interest rate. Now you have a list with the highest interest rate debts at the top of your list. That probably means [...]

Tagged as: debt free, debt pay down

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