Let your debt snowball grow by packing it with all your unexpected windfalls. Seasonal bonus at work? Add all or most of it to your snowball. Unexpected refund? Let it go toward paying down your debt. Birthday gift money from Great Aunt Sally? You know where it’s going!
It isn’t easy to say goodbye to an unexpected windfall, but all that extra money will help you reach your goal that much sooner.
Need help? Meet with our on-staff financial counselor for more suggestions on how you can pay down debt. The service is free and confidential to members. Call today at 330-364-8874 and ask for Katy Steinebrey.
Need budgeting tools? Check out our interactive library through Banzai by clicking here.
Available Articles in the Financial Freedom Series:
Step 1: Take Stock of Your Debt
Step 2: Don’t Dig Yourself Deeper
Step 3: Negotiate a Lower APR
Step 4: Create an Emergency Fund
Step 5: Create a Budget
Step 6: Trim Expenses
Step 7: Create A Debt Snowball
Step 8: Boost Your Income
Step 9: Put All Windfalls in Your Snowball
Step 10: Make It Automatic
Step 11: Track Your Progress
Step 12: Celebrate!