It’s pretty common knowledge that just paying the minimum payments on your debt isn’t enough to get it done. Other methodology has also suggested putting 15% of your income toward debt – not always a realistic option for many as things like rent and other living expenses continue to go up and up. So what does that leave? Enter Tally.
Now that the holidays have passed, your credit card bills with your holiday spending may have started to trickle in. Most by now have heard of various debt paydown methods like the snowball and avalanche, both of which have their advantages in their own right.
But could there be a better way, that helps to even make sure you don’t run into late payments any more either?