Let’s not fret about the debt ?

Debt can feel like a dark cloud ??, but don’t worry you’re not alone, 66% of Americans are in some kind of debt. Source:?Money

This week’s money minute is all about conquering that debt to start paving your path to financial freedom.

Step 1:

?? Target High-Interest Debt First:

Interest can sneak up on you, especially with credit cards ??. Paying off the highest-interest debt first can save you big bucks and speed up your journey to debt freedom.

Here’s the game plan:

1. Make a List??? Jot down all your debts, including the interest rates and minimum payments.
2. Extra Cash Attack???Channel any extra money towards the debt with the highest interest rate while keeping up with minimum payments on the rest.
3. Snowball Success???Once that high-interest debt is gone, move to the next one, creating a snowball effect that accelerates your debt payoff.

Bonus Tip:?Think about consolidating high-interest debts into a lower-interest loan or balance transfer card. It’s a smart way to simplify and save! ??

Remember:?Every step forward is progress. Start with one small step today, and soon you’ll see that cloud lift! ???

Want to dive deeper into why we get into debt and how to get out? Check out our article "Reliable ways to avoid falling into debt & how to snowball your way out"

Stock Sister Investing Challenge Is Live!???

This week we reached out 100 participant goal! Thank you so much to everyone who has joined, we are delighted to hold up our end of the bargain and plant 100 trees with yeekatee

It's not too late to join in on the fun...

Reminder of what’s up for grabs in the Stock Sister Investing Challenge! ???

??CHF 500?and two SmartPurse memberships will be transferred to the participant who achieves the highest percentage return (time-weighted return, TWR) in CHF with the game portfolio at the end of the game period.

??CHF 300?and a SmartPurse membership will be transferred to the participant who achieves the highest engagement value in the daily quiz bonus.

??CHF 200?and a ticket to a SmartPurse VIP event will be transferred to the participant who achieves the best “Sustainable” portfolio. The weighted ESG rating of the game portfolio is combined with the time-weighted return (TWR).

What you need to do:?

Find out more and join below for free, and start playing the Stock Sister Challenge Today!

Dates: June 3rd - July 5th, although you can join anytime. Prizes can be paid in EUR, GBP or CHF. Currency will be the equivalent exchange from CHF.

??♀? Join the FREE Challenge ??♀?