A week or so ago, my wife’s car broke down. The pully on the A/C compressor pulley wobbled and seized, so not only did her 2004 Honda Civic have no A/C, it smoked under the hood from the belt rubbing against the belt. So I had some work to do, and in the course of the repair I had to disconnect the negative battery cable because of reasons (and if you must know, it’s because I had to move the alternator out of the way, and in doing so I started sparking things. Safety second, I guess).
Last Tuesday I was Table Topics master at my local Toastmasters meeting, which means I had to choose questions or topics that the other members had to give a one to two-minute speech. Being that the 4th of July, Independence Day here in the United States, is approaching, I decided to theme my questions about that holiday in particular.
In the quest to pay debt off as quick as possible, people try to find unique ways (“hacks” if you will) to reduce the timeframe and interest charged. The most popular - and successful - method is the snowball method or one of its variants. Another trick is to split the payments into two or more payments a month.