Seven Financial

07/07/2025

Should you pay down debt or contribute to your retirement first? It’s not a one size fits all answer! Here’s one strategy that can help you determine where to put your hard-earned dollars.

Which should you tackle first—the debt or the nest egg? Find out the next right step for your money and how to set yourself up for success.

07/04/2025

06/30/2025

There’s more troublesome debt out there than just credit cards. Student loan debt is also a burden for millions of Americans. Here’s advice on how to pay off student loans as quickly as possible.

The best way to pay off student loans fast is to pay more, but that’s not your only option. Refinancing and these other 7 tips can help repay loans faster.

06/23/2025

If you’ve realized the dream of becoming a homeowner, the next question may be: should you try to pay down your mortgage early or invest that extra income? Here are the pros and cons of both.
https://www.forbes.com/advisor/mortgages/pay-off-mortgage-early-vs-investing/

06/16/2025

There’s an app for that! Determining how to pay off debt can be a challenge, but these budgeting apps can help you decide how much to pay toward each debt, and which balances to tackle first. Kiss that debt goodbye!

Find out which mobile and web applications are the best for people who want to manage and track their debt so that they are on the right path to paying off their balances. Compare their features, pricing, and platforms to see which one can help you become debt-free the fastest.

06/09/2025

You probably already know that debt plays a part in your credit score. The good news is, you don’t need an advanced degree in finance to understand how and why credit scores work the way they do. Read on for more info.

Paying your bills on time is important, but these other factors can also raise or lower your credit score.

06/02/2025

Sometimes managing credit card debt is a matter of changing your behavior. By developing these healthy financial habits, you can reach that last debt payment and stay debt-free in the future!

Practicing good money habits can help to overcome those financial hiccups by establishing regular saving contributions, mindful spending and overall financial awareness.

05/26/2025

Pack it up and let it roll! If you're taking the snowball approach (which is paying off small amounts of debt first and larger later—like a snowball rolling down a hill) this calculator helps you determine your path.

The debt snowball method prioritizes paying off your smallest debt first, then moving on to larger debts. Clearing small debts quickly can help keep you going.

05/19/2025

Paying off debt doesn’t have to be overwhelming. Having a strategy can help simplify the process. Two popular debt repayment strategies are debt avalanche and debt snowball. Which is best for you?

The debt avalanche method pays off the high-interest debt first, and the debt snowball method focuses on paying off the smallest debt first. Learn how they work.

05/12/2025

Debt may feel overwhelming, but taking a methodical and disciplined approach can help you pay it down piece by piece. These five simple steps will help you jump-start your debt repayment plan and send your debt packing—for good!

Learn how to get out of debt in five steps: assess what you owe, learn the terms, make a repayment plan, budget and celebrate small wins.

05/05/2025

Credit card debt is expensive! And with the Federal Reserve’s recent rate hikes, credit card interest has jumped even higher. This helpful article from NerdWallet provides ideas for getting the best rates possible and paying that credit card debt down..

It doesn’t really matter what the Fed is doing. Your credit card debt has always been, and will continue to be, expensive.

04/28/2025

Ready to change your life? Paying down debt can do just that. Avoid these mistakes and make it easier on yourself when managing debt.

Getting out of debt can seem like an uphill battle but it doesn't have to be. Learn the 11 most common mistakes people make and how to avoid them.