Saving money and eliminating debt is the topic du jour in personal finance. These days everyone is looking for ways to do either or both of these things. It takes a lot of hard work, but it is possible to take control of your existing debt and learn to live life within your means from […]
Total household debt in the United States is over $2 trillion. What’s shocking is that dollar amount does not include mortgage balances owed on our homes. Carrying a balance of consumer debt has become the norm in the United States. If you’re seeing the negative effects of carrying too much debt starting to impact your […]
The choice between repaying your debt and saving for retirement is a difficult one. Which choice will give you the maximum benefit? To reconcile this dilemma, consider these simple steps: 1. Examine the debt in depth Pay attention to the interest rates and fees. Do the math to calculate how long it will take to […]
Debt can feel like a burden on your shoulders weighing you down through every step of life. Every time that you finance another new purchase with money that you don’t already have, you’re adding weight to that lifelong burden. Make it a resolution that this is the year you remove that burden from your weary […]
Being in even a small amount of debt can keep you up at night. Paying off debt is a simple task, but it can take a long time and a lot of discipline.