Thomas Jefferson died deeply in debt in part because of his hospitality. Certainly, being hospitable should be encouraged but he took it too far.
Not all debt is considered equal. Some debt is more harmful and toxic to your financial future than others. Six types of debt are discussed and ranked.
There are several important reasons why we’re not putting all of our extra money on paying down debt. Here’s what they are.
Losing weight has a lot in common with keeping a budget. There are important lessons to be learned that can apply to both your fitness and finances.
To get out of debt and stay permanently out of debt, you need to make lifestyle changes and change your mindset. Here are some steps to take.
While financial gurus advocate cutting your expenses and not having a life for years until the debt is paid off, this couple took a different approach.
Knowing where we have been, and how long it took to get there, can help us all set realistic goals that are more likely to be accomplished in the new year.
How do you handle financial setbacks and make sure they don’t complete derail your financial plan? Here’s what we did after a recent unexpected expense.
You may think the Bible sends mixed signals about debt being good or bad. But the Bible is pretty clear on this issue – debt brings financial slavery. Wouldn’t you rather be free?
Many of us suffer from a temporary income drop at one point or another. What we don’t consider is how long it may take to bounce back from such a situation.
There are a lot of famous music artists who have filed bankruptcy. Today we learned of another one, 50 Cent. Here’s what went wrong for Fitty.
There is a difference in attitudes between those who are on their way to financial success, and those who just seem to be mired in debt and despair.
Recognizing the opportunity cost of our decisions, and analyzing them closely is key in choosing the best financial path. Here’s how you can count the cost.
Financial gurus are telling you how to get out of debt, and what to do with your money and investments. The question is, should you follow their advice?