I've read the snowball vs. avalanche method of paying off debt, and I figured I'd tell you about my own personal method—or at least, the one that I've used a couple of times over the last few years that has helped me tons. This method requires that you've been saving for retirement via a 401(k).
A conversation with financial journalist Helaine Olen about everything that's wrong in the personal finance industrial complex.
I don't have any retirement savings. I had precisely one opportunity to sign up for a 401(k), after I'd been working for a year at a grocery store (it was Portland), but I thought I was quitting soon, so I didn't sign up. I stayed for another year.
For 22 years old, 2 years out of college, I feel like I'm in a pretty good place.