Search Results for debt

6 Ways to Pay Off Debt Faster

6 Ways to Pay Off Debt Faster

As the economy slowly improves, Americans are racking up more debt. “American consumers deleveraged after the financial crisis, but they’re starting to take on more debt again,” says Ben Woolsey, president of credit-card advice website…

Debt Management – Good Debt vs. Bad Debt

Debt Management – Good Debt vs. Bad Debt

Debt is a Four-Letter Word

One early life lesson drilled into us about money comes from the Bard — “Neither a borrower nor a lender be.” Perhaps even Shakespeare might agree that the present day economy…

How To Overcome Debt

How To Overcome Debt

When you combine the right mindset with a tactical game plan, not only can you pay off your debt faster, but you can actually enjoy the process as well. That may sound like a foreign concept, but by keeping a…

How To Pay Off Debt Control Your Debt Number

How To Pay Off Debt Control Your Debt Number

These are the days of quantified self. Using simple phone apps, we track our steps, count calories, analyze our sleep patterns and more; so that we begin to dwindle our lives down to mere numbers. Useful for goal setting? Yes…

Which Debt Should I Pay Off First?

Which Debt Should I Pay Off First?

My husband and I have student loans and mortgage debt (on our primary home and rental properties). Which should we pay down first?

—Stephany Y., Los Angeles, CA

You’ve probably heard student and mortgage debt referred to…

Credit Card Debt – How To Pay Off Debt

Credit Card Debt – How To Pay Off Debt

If you had to name the most frustrating thing about debt, what would it be? The cost? The stress? The shame that can so easily (and unnecessarily) accompany debt? My answer is a little bit different:

How long it can…

How One Couple Wiped Out a $125,000 Debt

How One Couple Wiped Out a $125,000 Debt

What do you do when you are faced with a six-figure debt — mostly because of credit cards? No cable television and no eating out, obviously. And that’s just for starters. Two weeks before Christmas of 2004…

How to Pay Off Debt From Opening a Business

How to Pay Off Debt From Opening a Business

Between my own unwillingness to talk about money and shame around my debt, there are few things that impress me more than a woman who is bold enough to open up about her finances. (Some people would rather discuss…

Get Debt-Free in 2015

Get Debt-Free in 2015

If you’re like most people, one of your goals this year is to pay off your debts once and for all. But, before you can get down to the nitty-gritty of debt reduction, it’s important…

How I Ditched My Debt for Good

How I Ditched My Debt for Good

If you’re in debt, you may have experienced this before: the moment when you get yourself together and finally sit down to tackle your debt you’re thinking, “Yes, this is it, I got this!” But then…

Divorce and Dividing Assets Student Loans

Divorce and Dividing Assets Student Loans

Shortly after Kim and David (a fictional couple based on real-life circumstances) married, Kim went to graduate school for training she needed to advance her career. She took out loans to pay the tuition. Come graduation day, she had…

Financial Questions to Ask Before Marriage

Financial Questions to Ask Before Marriage

For couples on the brink of getting married, the whole “how do we co-manage our finances” subject can really dampen the celebratory mood. Nevertheless, it’s an important topic to tackle — particularly when one or…

What You Need To Know About Debt Consolidation

What You Need To Know About Debt Consolidation

If you’re struggling with debt, you are not alone — the average American carries about $15,355 on their credit card, according to NerdWallet. There are two words you hear repeatedly as a possible solution: debt consolidation. Even…

How to Know Good Debt vs. Bad Debt

How to Know Good Debt vs. Bad Debt

Is debt good or bad? Is there such thing as good debt? These are difficult questions because, as with most personal finance issues, the answer is as individual as you are. For the most part, debt is bad. Sometimes debt…