If you know the basics of personal finance, you may already know the most powerful force in the financial universe is compound interest. With compound interest, it’s easier to grow wealthier over ... Read More about How to Get Out of Debt, Fast! A Step-by-Step Guide
If you’re a homeowner, and you have a long-term financial plan, you should include a strategy to pay your mortgage off early. If you can, you’ll have more money each month to pay off non-housing debt, ... Read More about Four Ways to Pay Off Your Mortgage Early That You’ll Hardly Notice
One of the most difficult financial issues that many people have to deal with is debt. Not only can debt weigh you down when it comes to money, but it also causes stress in other ways. And once your ... Read More about Do You Know Your Rights When it Comes to Debt Collection?
There are at least two situations in which you can be saddled by large medical debts. The first and most obvious is when you have medical procedures but you have no health insurance. The second is ... Read More about How to Handle and Pay Off Medical Debt
Do you want to know what the average amount of debt is in America? The media certainly thinks so. I know you've seen headlines like the following: "Average American debt spirals out of ... Read More about Average American Debt – How do You Stack Up?
I hate debt. It’s really that simple for me. I am uncomfortable with the idea of owing money, and so I generally avoid debt as much as possible, and I work to pay off any debt I have as quickly as ... Read More about Paying Off Your Good Debt Early—Savvy Strategy or Money Mistake?
If you have credit card debt you know it’s expensive. Carrying consumer debt on a high-interest credit card can drain your finances and be the source of a lot of stress. I read a troubling ... Read More about How to Get Rid of Credit Card Debt
When it comes to estate planning, most people think about what will happen to their assets when they pass away. What many people tend to forget about is what happens to their debt when they die. ... Read More about What Happens to Your Debts After You Die?
Paying off multiple debts at once is a daunting task, one that can overwhelm you if you let it. Visible progress is often slow, leading borrowers to feel defeated when they see minimal results from ... Read More about The Debt Snowball Method for Reducing Debt
In an earlier post we addressed the moral obligations of making your mortgage payments and not walking away from a home when you can afford the monthly payments. But there are also people out there ... Read More about Can’t Pay Your Mortgage? Options for Homeowners Who Are Struggling to Make Ends Meet