Jennifer Welsh spent years spending beyond her means before getting serious about paying off her debts and investing. Here are her tips for new investors.
Jennifer Welsh wasn't always the savvy investor she is today. While working in the hospitality industry in Chicago, Welsh racked up more than $30,000 in credit card debt, without thinking seriously about saving for her future. But in her mid-30s, she took a hard look at her financial situation for the first time — and got to work.
She paid a fee to transfer and consolidate the balances from her five separate credit cards onto one new credit card, which had a 0% introductory interest rate over a two-year period. "So I considered that 24-month expiration date my deadline." Welsh said. She ran the numbers to figure out how much money she should pay weekly."And every Sunday, I logged into my one credit card platform, and I paid $320 a week.Stay informed during the severe weather season with our local news and weather
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
'I paid off my $50k of debt by sticking to one rule'I had so little spare money, that there were days where all I would eat was tinned tomatoes on toast.
Weiterlesen »
Saving for Retirement Is the Top Financial Priority for Just 17% of Adults, Survey ShowsU.S. adults are more focused on building their non-retirement savings and paying off debt than saving for retirement, a survey shows.
Weiterlesen »
14 Arguments Against Canceling Student Loan Debt That Are Simply Absurd And Incorrect“I paid off my loans, therefore everyone else should have to do the same.”
Weiterlesen »
Fed hike or no Fed hike, your credit card debt is expensive. Here's how to pay it off.'The sooner you can face the numbers and devise a plan to pay it down, the easier you'll breathe,' one financial planner said.
Weiterlesen »
JoJo Siwa Shares That She Is No Longer Single - E! OnlineJoJo Siwa revealed that she is off the dating market, getting candid about what it was like being single: “I tried a lot, and I learned a lot.”
Weiterlesen »
A Tucson Unified Elementary School is recognized by 'Imagine Learning'It is a learning platform that helps kids learn math and literacy. Bonilla's Elementary Magnet School was named a top performing imagine learning school.
Weiterlesen »