Debt Snowball v. Avalanche

Being in debt can be a daunting and overwhelming experience. It can feel like you’re trapped in a never-ending cycle of bills and payments with no hope of ever getting out. Or like you’re constantly running on a treadmill but making no progress in your fitness level. If you’re one of the millions of people […]

The Pros and Cons of Debt Consolidation

Debt consolidation is one option that many people consider to help manage their debt. It involves taking out a new loan to pay off all of your existing debts, leaving you with just one monthly payment to make. While debt consolidation can be helpful for some, it is usually a bad idea, so it’s important to weigh the pros and cons before making a decision.

Debt Management 101

There are many reasons why people go into debt. Some people may choose to go into debt to finance a large purchase, such as a home or a business venture. Others may go into debt to cover unexpected expenses, such as medical bills. And others go into debt for everyday purchases like grocery shopping, online orders, and big expenses for entertainment and transportation.

When not managed carefully, debt can be very dangerous and have serious financial repercussions. Recently, the U.S. Court system reported 387,721 bankruptcy filings for 2022. Being in debt can cause a great deal of stress as individuals face extensive monetary challenges and often feel alone facing while it. Humans are created to be free, but when you’re in debt you are indebted to somebody, you freely chained yourself to the a contract to somebody else.

First Fruits

To dedicate Branch Financial Coaching’s new website, we want to appropriately and cheerfully give the first fruits to our God – just like with our income. We’ll have a lot to say about “God and money,” but we’ll start with the most obvious. Tithing is an ancient, religious principle and, as a business founded by […]