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?
The cost of college is rising fast. If you’ve taken out student loans to help pay for your education, how can you pay the debt as fast as possible?
You have likely heard of Steve and Annette Economides, otherwise fondly referred to as America’s Cheapest Family. The Economides raised five children while living on Steve’s modest income alone, and they did it without debt (save for a mortgage that they paid off within 11 years). The Economides have written three books: America’s Cheapest Family […]
Debt Consolidation companies are everywhere offering to help reduce your payments and eliminate debt. Is debt consolidation ever a good idea, and when?
Debtor’s prisons were outlawed in the 1800’s, but you can still end up in jail today because of your debt. Here’s how to avoid ending up in the slammer.
Is it possible to live in our society without using credit, or is it next to impossible to live outside of that accepted credit scoring framework?