For someone who has multiple debts with high interest rates, consolidating into one loan with a single payment at a lower rate may seem like a great deal. Advantages can include saving on interest, having one payment versus several and getting out of debt sooner. But is loan consolidation really a good idea? On the [...]
Tag Archives | Debt Reduction
Emergency Fund Before Debt Reduction
I’ve posted a lot about debt this week (The Debt Cycle, Credit Card Reform – Creditors Fight Back & 3 Debt Quotes) and so I decided to keep the ball rolling today with mentioning a post from a fellow blogger, Matt Jabs at Debt Free Adventure. His blog is a journal of one man’s chronicles to [...]
Welcome to One Money Design
One Money Design is a personal finance blog that exists to help people make progress along their journey to true financial freedom and become more generous with their time and money.
