Avalanche: Start with clearing your most substantial debt, then, once it’s settled, use the windfall to aggressively pay down any smaller debts.Snowball: Knock off your smaller debts one at a time to build up momentum — and income — to put towards your biggest debt.Reducing debt, especially consumer debt, could be a great way to secure yourself financially. In 2024, there were 494,201 personal bankruptcy filings in the U.S. — over 60,000 more than the previous year, according to Debt.org (5). Two general st ...

The real American poverty line is closer to $140,000.Inflation in housing, healthcare, and childcare has left the average American earner functionally poor.Here’s why the American "middle class" is gone, and why bitcoin is a lifeline.[Presented by @JoinHorizon] https://t.co/cukqF1UCU8Demetri Kofinas (@kofinas):We’ve created a system where the only way to survive is to be destitute enough to qualify for aid or rich enough to ignore the cost. Everyone in the middle is being cannibalized. The rich know this an ...

in Congress. A retired brigadier general in the Air Force, Bacon was first elected to the House in 2016, the same cycle as Donald Trump's first presidential election. In the decades since, Bacon's become known as one of the few Republicans who's been unafraid to speak his mind based on his principles, his beliefs, and what he thinks is best for his constituents, even if that doesn't sit well with his party.Announcing his retirement, Bacon told the New York Times, quote, "I'd like to fight for the soul of ou ...

Healthcare & Social Welfare Impact - The bill is expected to have a devastating impact on people in San Antonio, Texas, and across the country [3] - Approximately 50% of births in Texas are paid for with Medicaid, indicating a significant reliance on this program [3] - The bill is anticipated to make it harder for people to afford college by cutting financial aid [4] - Access to long-term nursing home care for parents will become more difficult [4] - Individuals who rely on subsidies to afford healthcare insurance through the ACA may face challenges [5] Economic & Political Implications - The bill is characterized as a vast transfer of wealth from the working and middle classes to the wealthiest Americans and corporations [6] - Federal workers in DC who are being laid off may face challenges in obtaining healthcare insurance [6] - Republican colleagues may face adverse impacts for aligning with the president's agenda on this bill [10] - Some Republicans voted in favor of the bill out of fear of political repercussions from Donald Trump [11] Democratic Response & Strategy - Democrats need to effectively communicate how people are losing healthcare coverage and struggling to afford nursing home care [8] - Organizing efforts are necessary to connect the dots between the bill and its negative consequences for the next 17 months before the election [9]