Do Your Finances Need a Pick-Me Up?


By Meiko S. Patton

April is Financial Literacy Month, so that got me to thinking about three ways you can up your financial literacy and know-how.


In his book, The Total Money Makeover, author Dave Ramsey offers a proven plan for financial fitness. This book was given to me by my employer and it has been one of the best books I’ve ever read on how to get out and stay out of debt.

The one tip I regularly use is called The Debt Snowball. Basically you write down all your current debt from the smallest payoff or balance first. You identify the enemy and then attack it. The Debt Snowball helps modify your behavior and that’s exactly what you need when you are in debt. Ramsey says, “Paying the little debts off first gives you quick feedback, and you are more likely to stay with the plan.”

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