Debt Management

Dealing with debt can often feel like navigating an insurmountable mountain, but assistance is available in the form of government grants. These resources, although frequently underutilized, can provide significant relief for those grappling with financial burdens. However, in order to reveal the steps you can take towards financial stability, it’s important to research how to […]

You’ve probably heard the term “yo-yo dieting” before. It’s the problem that many people face when they attempt to lose weight. They will make drastic, unsustainable changes to their exercise and diet plans. The weight drops off, they relax their diet and start skipping gym days, and the weight comes roaring back. Rinse, repeat, ad […]

It can be difficult to feel good about your financial situation and even the rest of your life when you are in debt. Unfortunately, debt itself can be difficult to completely eliminate from your life. If you have debt, you might have a hard time paying it off if your finances are strained. And if […]

One of the reasons that debt can be such a difficult financial issue to deal with is that those interest charges keep you making payments for a looooong time. A 30-year fixed rate mortgages strangles you exactly as long as it sounds – 30 ridiculous years. That’s 360 payments you need to make, which span […]

One of the most common bits of financial advice is to pay off debt as quickly as you can. This can be important because the longer you are paying interest to others, the less time you have to put money to work on your behalf. However, before you go too far and create a plan […]

Debt is one of those things that really weighs on your finances. It can severely reduce your ability to build wealth. That’s why debt is one of the worst holes you can dig for yourself when it comes to your finances. If you have debt, especially high interest consumer debt, then there is a good […]

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 […]

So many financial buzzwords attract our attention, but one stands out above the rest: “Free.” It’s one of the many words and phrases we respond to when it comes to finances. Free trials, one-month free passes, and tons of other “free” offers riddle our inboxes, our physical mailboxes, and the colorful signage around us. One of […]

You’ve heard plenty about the avalanche and snowball methods for paying off debt. They definitely have their merits. But don’t get buried in calculations or smacked in the face with a bunch of little debts that gang up on your savings. Instead, use the lasso method. It will wrangle your debt and put yourself on […]

Debt is a fact of life for most adults. According to Debt.org, consumer debt in the U.S. was close to $14 trillion at the end of 2019. Every American household currently carries an average of $8,398 in credit card debt. Additional debts include car loans, mortgages, home equity lines of credit, back taxes, and student […]