Debt is an interesting thing in that it doesn’t always find its way into your financial situation through the overuse and abuse of credit cards. While that is a common occurrence, debt has a way to sneak into peoples’ lives sometimes in more subtle ways. Many people tend to look for quick and easy solutions to [...]
Should you invest while still in debt? This can be a challenging question to answer for many people. On one hand, you’re in debt and you know there are impacts to being in debt. You don’t have as much freedom and you’re paying extra for your loans in interest charges which can be quite expensive [...]
This is a guest post from Caroline Palmer who is an associate attorney with OVLG. Caroline doesn’t advocate the use of payday loans. Rather, she advises her clients against them and hopes to provide more awareness about the pitfalls in this post. As the economic crisis continues, many people are turning to payday lenders to solve their immediate financial [...]
People have certainly changed their motivation of getting out debt and saving based on experiences from this past recession. Many Americans were cash poor and paid dearly because of it. This was evident after so many people were laid off and had no cash to cover expenses while they searched for new employment. Many unfortunate people [...]
Congratulations new college graduate! You’ve made it through college and you’re ready to move forward to the next adventure in life. Hopefully, you studied well, had some fun and have found your first job (or in search of one). I’m sure you’re excited to get started and actually accept some responsiblity for your own finances. Perhaps [...]
I’m currently writing a series called “What the Bible Says about Money.” The last post was about financial stewardship. The Bible tells us that God is the owner of everything and we are responsible for managing wisely what has been entrusted to our care which includes money. It’s a big responsibility we’ve been given, but [...]
Although I’ve made improvements over the past few years, I haven’t always been considered much of a patient person. I’ve always tried to work hard and am usually overly anxious for results. But you may agree in most things success doesn’t come over night and solving big problems doesn’t occur instantaneously. I think the same [...]
Life is full of choices in which we are free to make. Sure, there are obstacles, but if we choose to work hard enough at something we can accomplish almost anything. Those were words I heard spoken to me as a child and I still believe them today. If you’re motivated and have enough passion [...]
So many people want to get out of debt, but find it hard to get their debt organized in such a way it can be managed. In other words, they really aren’t sure of the benefits of paying an additional amount on their debt each month. Or, they really have no idea when they would [...]
If you’re just joining, I’m writing a 5 article series entitled, Live Debt Free. This is the fourth article out of four in which I discuss the four reasons why our family is pursing the debt free goal (including our house). I plan to end the series with a fifth article that will include some practical tools to help in [...]
Wednesday, June 9, 2010
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