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By February 2011, they started eliminating credit cards with the smallest balance while continuing to pay the minimum on other debts. Once paid, they applied that money to the next debt and continued the process until all outstanding bills had been paid off—“the snowball plan†advised by Ramsey. The couple says the “quick wins†gave them a sense of accomplishment and the motivation to press forward.
For any woman, breaking into an industry dominated by men is tough. But when you’re a black woman with aspirations of becoming president and CEO of a construction business, it’s even tougher. Few know this better than Gail Warrior.
President Barack Obama signed the HIRE Act into law and sent Congress a blueprint for reform of the Elementary and Secondary Education Act; Health and Human Services Secretary Kathleen Sebelius discusses healthcare reform; less than 48 hours until House votes on Senate healthcare bill
When the Democrats won majorities in the House and Senate in November’s mid-term elections, Rep. Charles Rangel (D-N.Y.) became chairman of the House Ways & Means Committee, which oversees legislation...
It was the daily flood of phone calls that finally did it. They became so overwhelming that Sabrina Young stopped answering her phone and resolved to give out her phone number to family, friends, and a few chosen others. As many as four creditors a day would call, demanding payment.
