From the category archives:

debt

7 Things You Can’t Do If You Want To Stay Out of Debt

September 10, 2008

Being debt free is great, but be careful or it won’t last!
My wife and I paid off our last debt, a student loan, just over 2 years ago. It was such a freeing feeling to finally be debt free (except for the house) and we vowed to never go in debt again.
The problem [...]

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To Debt Snowball or Debt Avalanche, That Is The Question.

August 29, 2008

Which Debt Reduction Method is the Best?
I’ve been reading a lot lately about how one method or the other is best for getting out of debt. There are a ton of programs being touted as “the best”, and I do think some probably work better than others.  So what do I think is the best?  [...]

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Personal Finance Bible Verse of the Day: Do not borrow

August 28, 2008

For the Lord your God will bless you as He has promised you, and you will lend to many nations, but you will not borrow; and you will rule over many nations, but they will not rule over you. Deuteronomy 15:6
Another scripture that stresses the importance of not going into debt. We are [...]

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Credit Crunch to Continue Getting Worse?

August 20, 2008

This year has been a tough one economically. We’ve had the foreclosure crisis, and now the credit crunch. People are bracing for the worst. Now leading academics are saying that the credit crunch may not be over yet.
The deepening toll from the global financial crisis could trigger the failure of a large [...]

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