Debt Management

When the topic of debt comes up, we are usually talking about tackling the sum as quickly as possible. We want to reduce and eliminate it as fast as possible. The most obvious reason to attack debt as fast as you can is to save yourself money. With less debt, you’ll be able to minimize […]

Bankruptcy should always be viewed as a last resort. After all, the consequences of declaring bankruptcy are severe. They will impact many aspects of your financial life for years to come. The stress caused by this event can also adversely impact your mental health. Despite those consequences, bankruptcy is an all too common occurrence these […]

Most adults have a variety of debts. It’s just a fact of life for many of us. Consumer debt in the United States stood at just under $14 trillion at the end of 2019, according to the Federal Reserve. And among American consumers today, debt is concentrated in four main areas – mortgages, student loans, […]

There are some costly events in life that you simply cannot avoid. You may have to go into debt for them. These include unexpected medical emergencies or a major (and necessary) home repair. That said, some debt should be avoided whenever possible. There are certain things in life that you should never go into debt […]