Becoming Debt Free
We get it, debt happens.
No matter how deeply in debt you feel you are, it’s never too late to get started on the journey to becoming debt free. We’ll help you come up with a debt payment plan that’s customized to your personal situation and preferences.
Debt Snowball vs Avalanche method
Which is right for you?
Avalanche Method
Make minimum payments on all debt, then use all extra funds to pay off the debt with the highest interest rate, regardless of the balance owing.
Can result in paying less interest over time
Requires more discipline, can be hard to stick to
Snowball Method
Make minimum payments on all debt, then use all extra funds to pay off the debt with the smallest balance, regardless of the interest rate.
Can result in paying more interest over time
Builds motivation by paying debts off faster, can be easier to stick to
We’ll help you determine which method is best for you and build a customized debt payment plan.
Find out how long it could take for you to pay off your debts.
“I’ve come into some money, should I pay off my mortgage?”
Depending on your personal financial situation it may or may not be worth it to make a large payment towards your mortgage or pay it off entirely. Talk to us and we can help you work through your options.
