| By Derek, on May 2nd, 2012%  Taking out student loans to finance college or a post-graduate degree has been a rite of passage for several generations now, ever since higher education became accessible to those outside of the upper class. By getting loans to finance your degree, you are making an important investment in your future – an investment, many would . . . → Read More: 3 Questions to Ask Yourself Before Taking Out Student Loans By Derek, on April 27th, 2012%  Many of you read this blog regularly and because I’ve taught you that debt is hardly ever a tool for wealth, you are doing your very best to pay down your short term loans and credit cards. This is all well and good, but I want to make sure that you understand that getting out . . . → Read More: Getting Out of Debt Does Not Make You Rich By Derek, on February 27th, 2012%  Do you currently have a 30 year mortgage? Have you ever thought about making extra payments to save on interest and reduce the number of years that you’ll need to pay in to the bank? To be completely honest, I think about it every day (and I think it’s driving my wife nutzo!). I can’t . . . → Read More: Pay Off Your Mortgage Early By Derek, on February 8th, 2012%  Have you ever wondered what causes people to fall into debt? Maybe you are one who is struggling to get out of the grasp that debt has on you. Or perhaps you are one of the few that has been lucky to get by without signing their life away. I am a firm believer that . . . → Read More: 6 Reasons People Go Into Debt By Derek, on February 1st, 2012%  If you have followed my story at all, you know that my wife and I started our lives together with $18,000 in debt and struggled to make ends meet. After a brief financial scare, we realized that debt was not our friend and we did everything possible to get rid of it. 14 months later, our . . . → Read More: Did We Really Just Go Back Into Debt? By Derek, on January 13th, 2012%  Since it’s now January and a lot of us are making or have made New Year’s resolutions, I want to talk about one resolution that many people decide to pursue, and that resolution is … surprise, surprise… getting out of debt. Of course, if you know me at all, you know that I’m all about . . . → Read More: 5 Terrible Ways to Pay Off Your Debts By Derek, on January 9th, 2012%  Have you every stopped to consider why people are struggling with more and more debt these days? With the many number of ways to earn money, how can it be that so many people still live under this bondage? As someone who is able to think about early retirement because I don’t have any debt . . . → Read More: The Main Reason People Can’t Get Out of Debt By Derek, on December 16th, 2011% For most of the people reading this website, college was a time to both work, study, and start a life. But like most of the over privileged members of the millennial generation, I took a free ride to college with student loans and decided to party as hard as I could instead of work. I . . . → Read More: How I Managed Debt After College By Derek, on November 14th, 2011%  Katie recently emailed me about her amazing debt repayment story. In two years, she and her husband paid off over $86,500 in student loans! I was so impressed by these numbers, I asked if she would write me a detailed story about her experience. She obliged and sent the detailed account below. Enjoy (I know . . . → Read More: How to Pay Off $86,554 of Student Loans in Two Years: A True Story By Derek, on November 2nd, 2011%  This site often features articles on how to get out of debt. Learning how to get out of debt is an important step toward financial success. Being hunted down by debt collectors is no one’s dream. Living in debt can often turn into a nightmare and if you don’t attack the balance of your loans . . . → Read More: Avoiding Debt – Why is it Important? | Free eBook When You Subscribe Below! |
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