When you have a few (well, maybe more than a few!) credit cards with balances that you carry month to month, you know the frustration of seeing those statements each month with new finance charges added, if you bother to look at the statement at all. I know I don’t want to at times. There […]
For many readers, this will be a review of a concept you’re already familiar with. But for those not initiated in the ways of the snowball debt reduction method, this handy dandy tutorial should prove quite, well, handy! I enjoy writing articles for those of you just getting into personal finance, and making the decision […]
When you are struggling with debt, it can be a very stressful and emotional time. Since I have been dealing with my student loan debt, I understand how overwhelming being in debt can be. Even though being in the red and struggling with money isn’t uncommon, it’s not something we like to talk about. Many […]
I recently heard some advice from financial guru Suze Orman about lending money to friends and family. Her basic view is that you need to have all of your own financial ducks in a row (8 month emergency fund, fully funded retirement account, fully funded 529 plans, secure job, able to easily pay rent/mortgage, etc.) […]
Six Ways to Avoid Student Loan Debt
Posted byAttending college is a great way to educate yourself and get the job you want. Whether you’re going right out of high school or going back to school for a career change, college is expensive. Between tuition, housing expenses, and books and supplies, you can easily be in debt for many years after you get […]
Amanda recently detailed The Aftermath of Debt Payoff in which she and her husband entered the “non-mortgage, debt-free†stage of life after paying off all of their student loans and car loan. Congrats Amanda! But they haven’t quite figured out where to go next. With their financial situation drastically changed, readers had lots of great […]
6 Ways to Deal with Student Loan Debt
Posted byWhen I graduated with a degree in Journalism, I was thrilled to be done with college, start working, and move on. Then, a few months down the road, I got my first student loan bill. And suddenly all of the loans I took out over the past several years for tuition and living expenses were […]
The Aftermath of Debt Payoff
Posted byI remember a conversation I had with one of my college professors several years ago. It was an exciting night; as a senior in the International Studies department I had been chosen to attend a reception at the college president’s home to honor a guest speaker. On the car ride from the dinner to the […]
Something that is often recommended to people who are in debt is to get a part-time job. Many disregard this advice as not being worth their time. The thinking is “I make $40 an hour at my regular job. It’s not worth my time to get a part-time job for $10â€. I would argue that […]
Meet the new writers! Our next new writer is Nick. Nick is fascinated with the different ways money can be used as a tool for people to increase their wealth. He is also quite familiar with the concept of debt and is working diligently to get rid of his debt. You can read more about […]