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Kuya Well's personal finance corner

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Tag: debt

Practical Ways to Pay Off Your Ballooned Credit Card Debt

Posted on February 14, 2023March 4, 2023 By Kuya Well No Comments on Practical Ways to Pay Off Your Ballooned Credit Card Debt
Practical Ways to Pay Off Your Ballooned Credit Card Debt
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Credit card debt is a common problem for many Filipinos. Ballooning debt is when the minimum payment is not enough to cover the interest, and the balance keeps increasing. This can quickly lead to a situation where the debt becomes difficult to repay. However, with the right strategies, you can pay off your ballooned credit … Read More “Practical Ways to Pay Off Your Ballooned Credit Card Debt” »

Which Comes First: Paying Off Debt or Building Wealth?

Posted on February 11, 2023March 4, 2023 By Kuya Well No Comments on Which Comes First: Paying Off Debt or Building Wealth?
Which Comes First: Paying Off Debt or Building Wealth?
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Should you start paying off debt first or building wealth (investing) instead? Many would say that you need to pay off debts first before actually building wealth. As for me, I’d say that there is no straightforward answer. It all depends on your situation. In fact, what I did was start building wealth by investing … Read More “Which Comes First: Paying Off Debt or Building Wealth?” »

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