Articles

Are You Afraid To Look At Your Debt?

In my last post I wrote a bit about changing our perceptions about the inevitability of debt, but today I want to talk about a common problem people have with debt: Fear of looking at your debt. When you can't look at your debt, it is impossible to do anything about...

The Bank Of Mom And The Bank Of Dad

As I have been working with the great people at Debt Payoff Planner, we have been having fun looking through data. One thing they pointed out to me was some interesting statistics relating to family loans. Often these loans are from a parent, which isn't surprising,...

Is Debt A Universal Constant?

Debt is a universal constant, never to be escaped and never to be changed, like Death and Taxes, right? Over the years, I’ve noticed that there seems to be a large group of people out there that accept debt as a constant in their lives that can never be eliminated. “Well, that’s just the way it is, right? I have to get a loan to get a car. And by the time I pay this one off, I’ll need a new car, with a new loan.” But is that really true? Is debt really inevitable?

6 Mistakes to Avoid When Paying Down Your Debt

Are you saddled with student loan debt? Does your credit card debt keep growing? Getting out of debt, and staying out of debt, can be a very difficult process. Yet, it is one of the most important things you can do to set yourself on a strong financial foundation and...

Debt Snowball vs. Debt Avalanche

If you are looking to get out of debt as quickly as possible, you have two major strategies to choose from if you are looking for a general plan. The Debt Snowball involves paying down the smallest accounts on your books while the Debt Avalanche involves paying down...

Should I Transfer My Credit Card Balances: Benefits and Risks

When you have a large balance on a credit card, it might be worth thinking about transferring the balance to a different card. In this article, we will discuss the pros and cons of doing just that. It's an option that can help people get out of debt, but you need to...

Debt Consolidation Loans: Good or Bad?

Have you recently found yourself drowning in auto loans, student loans, and credit card debt?  You're not alone. Millions of American consumers are having trouble with paying their monthly credit card bills because they've gotten overextended, recently lost their job,...

5 Ways to Pay Off Debt Faster

Paying off debt can be overwhelming at first because of the amount of time it will take to become debt free.  It's critical not to get discouraged at this early stage.  Here are 5 tips that can be applied to help consolidate and eliminate debt. Step 1:...

3 Signs it May Be Time to Refinance Your Car Loan

Auto refinancing might not be a topic that you’ve considered yet. Many people get their initial car finance loan and continue making payments until they have paid off the car or trade it for a newer model, never considering if it’s time to refinance car loan. However,...

Are You Afraid To Look At Your Debt?

In my last post I wrote a bit about changing our perceptions about the inevitability of debt, but today I want to talk about a common problem people have with debt: Fear of looking at your debt. When you can't look at your debt, it is impossible to do anything about...

The Bank Of Mom And The Bank Of Dad

As I have been working with the great people at Debt Payoff Planner, we have been having fun looking through data. One thing they pointed out to me was some interesting statistics relating to family loans. Often these loans are from a parent, which isn't surprising,...

Is Debt A Universal Constant?

Debt is a universal constant, never to be escaped and never to be changed, like Death and Taxes, right? Over the years, I’ve noticed that there seems to be a large group of people out there that accept debt as a constant in their lives that can never be eliminated. “Well, that’s just the way it is, right? I have to get a loan to get a car. And by the time I pay this one off, I’ll need a new car, with a new loan.” But is that really true? Is debt really inevitable?

6 Mistakes to Avoid When Paying Down Your Debt

Are you saddled with student loan debt? Does your credit card debt keep growing? Getting out of debt, and staying out of debt, can be a very difficult process. Yet, it is one of the most important things you can do to set yourself on a strong financial foundation and...

Debt Snowball vs. Debt Avalanche

If you are looking to get out of debt as quickly as possible, you have two major strategies to choose from if you are looking for a general plan. The Debt Snowball involves paying down the smallest accounts on your books while the Debt Avalanche involves paying down...

Should I Transfer My Credit Card Balances: Benefits and Risks

When you have a large balance on a credit card, it might be worth thinking about transferring the balance to a different card. In this article, we will discuss the pros and cons of doing just that. It's an option that can help people get out of debt, but you need to...

Debt Consolidation Loans: Good or Bad?

Have you recently found yourself drowning in auto loans, student loans, and credit card debt?  You're not alone. Millions of American consumers are having trouble with paying their monthly credit card bills because they've gotten overextended, recently lost their job,...

5 Ways to Pay Off Debt Faster

Paying off debt can be overwhelming at first because of the amount of time it will take to become debt free.  It's critical not to get discouraged at this early stage.  Here are 5 tips that can be applied to help consolidate and eliminate debt. Step 1:...

3 Signs it May Be Time to Refinance Your Car Loan

Auto refinancing might not be a topic that you’ve considered yet. Many people get their initial car finance loan and continue making payments until they have paid off the car or trade it for a newer model, never considering if it’s time to refinance car loan. However,...

Our team is dedicated to providing up-to-date financial information to help people manage their debt. Our goal is to improve mindset, reduce guilt, and deliver actionable information. We are not financial professionals and the information we've provide should not be considered official advice.