The financial world to most people is an intimidating …show more content…
Coming back from tough financial times is difficult, especially with debt. In Monopoly some of the only ways to get out of debt is to liquidate properties. The good thing about knowing finances is the ability to handle debt in a productive manner. The key to safely paying off debt is to not dig yourself a larger hole by doing so. When debt occurs, many of times it can seem overwhelming and impossible to pay off, but it can be done. Sadly in order to get out of debt sacrifices usually need to be made. Whether it is eating at home and going out less, or riding a bike to work or carpooling to save gas. Little savings can add up fast. Even if there is not enough funds to pay off all debts, that is okay. Using the snowball method paying off debt will seem much less overwhelming and instead more controllable. The snowball method is beginning to pay of the small debts, and working up to the larger ones. This allows people to see the impact their saving is doing and to push them to stay on