Being in debt … well, it kinda stinks. Actually, it really stinks. Big-time. I’m not talking about a reasonable mortgage debt, or a $200 monthly car payment. I’m talking about high-interest, huge-balance, keeps-you-awake-at-night levels of debt. The scary kind of debt. The kind you should get rid of as quickly as possible.
We often hear tips, . . . → Read More: 10 Reasons Why Being in Debt Stinks
Most of the time I’m writing on this blog to help people get out of debt and to save and invest money for their future. But, for those that stumble onto my site from another random site, perhaps they don’t even care that they have debt. After all, it’s incredibly normal to have . . . → Read More: Why Should You Care About Getting Out of Debt?
I originally bought this truck to turn around and sell it to make a profit (in an effort to pay my home mortgage down to $40k by the end of this year). I have already had my ups and downs in fixing it up, but selling it hasn’t been the smoothest process so far . . . → Read More: My Truck Sale Has Been Interesting to Say the Least
I was in your shoes. I was in debt to a tune of $20,000, twice, and both times I have gotten out of it and I am now in a position to make money with my money, just like the rich do. I desperately want you to do the same.
The Seven Steps . . . → Read More: How to Get Out of Debt and Grow Rich
Do you have student loan debt? Since many of you have an incredibly low interest rate of 3.4%, I often get the question as to whether or not you should pay it back quickly, or just make the minimum payments until it’s gone in 10 years (the typical term of the loan). Most . . . → Read More: 7 Reasons to Pay Your Student Loans Off Fast
Yes, it’s true. I’m officially out of debt again! Some of you may be wondering about the “again” part. Well, I didn’t have a relapse on my budgeting ways or anything. I did not go out and finance a car or boat or go on a lavish vacation that put me back in . . . → Read More: I’m Out of Debt (again)!
Are you currently digging your way out of debt? Do you have dreams of bringing that credit card balance down to zero? Or maybe you’re trying to get rid of those pesky student loans! Whatever the case may be, there are a ton of people trying to dig their way out of debt . . . → Read More: Get Out of Debt and Stay Poor?
Sounds like an unconventional idea, right? But before you think I’m advocating gambling or some other form of irresponsible behavior, consider this idea: You can pay off your debt faster (much faster) by making your efforts into a game.
During my quest to pay off my credit card debt ($14K in one year!), . . . → Read More: Want to Pay off Your Debt Faster? Roll the Dice
Debt can be a difficult animal to tame but if you approach debt repayment with a plan and stay the course, you will be able to pay down debt and it will be easier than you think. Use these strategies to help pay down debt sooner.
Borrow at a Lower Rate
Much like . . . → Read More: Strategies to Pay Down Debt
Food is my profession, but I think my OCD tendencies have worked for our benefit when it comes to our finances. I’ll flaunt my nerdiness by saying that I enjoy tracking our expenses and reviewing how our budget is doing. As a saver myself, being married to a saver instead of a spender . . . → Read More: What To Do Once Debt is Paid Off