Articles

Start a Hustle for Extra Income

Start a Hustle for Extra Income

You've worked hard, and you have developed a plan for snowballing your debt and getting it paid off. You know the date of when you can have it tackled. What if you could speed the process up even faster? "But, I've lowered my expenses as much as I can!" you say. So...

Debt Snowball Calculator – Quick Wins to Inspire Debt Freedom

Debt Snowball Calculator – Quick Wins to Inspire Debt Freedom

Debts cause financial, emotional, and even physical struggles, but paying it off seems impossible.  What if you could create a roadmap toward debt freedom with a simple method? The debt snowball strategy is easy enough for anyone to use – even consumers living...

Debt Avalanche Strategy – The Quickest Way to Become Debt-Free

Debt Avalanche Strategy – The Quickest Way to Become Debt-Free

Does paying high-interest rates keep you up at night? If you’re in over your head in debt, but can’t seem to get out of it, the debt avalanche may be the answer. This aggressive, yet incredibly successful program prioritizes your debts, helping you get out of what...

Is Financial Independence Your Goal?

Is Financial Independence Your Goal?

Financial Independence. Retire Early. If you've spent any time researching personal finance, you may have come across these terms, or the combined term - FIRE. When you first see them, they may seem far-fetched, or even completely...

The Five Things That Make Debt Bad Or Good

The Five Things That Make Debt Bad Or Good

Have you heard the terms "bad debt" and "good debt"? Take a moment before you read on, and answer this question for yourself. What are the things that make debt "bad?" And what are the things that make debt "good?" I've always hated the terms "bad debt" and "good...

The Three Reasons People Don’t Want to Budget

The Three Reasons People Don’t Want to Budget

Back when I was healing my own relationship with money, I encountered all sorts of resistance from others any time I mentioned budgeting. "Eh, I have enough money, I don't need to track it." Or on the other side: "I don't have enough money to budget." "Budgeting...

Pick One Thing and Work On It

Pick One Thing and Work On It

I've worked with clients for a while now, and one thing I see over and over again is overwhelm. Our lives are so complicated, juggling family, work, leisure time (if we're lucky!) a second job or business, kids, unreasonable customers... I don't need to tell you this,...

The Origins of the Word “Mortgage”

The Origins of the Word “Mortgage”

I ran across a little piece of information recently that stopped me in my tracks. Did you know that the word mortgage translates to death contract (or pledge) in French? Wow! If you are anything like me, that provokes a strong emotional reaction. To me, debts are a...

Are You Afraid To Look At Your Debt?

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

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?

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

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

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

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?

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

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: Calculate How...

3 Signs it May Be Time to Refinance Your Car Loan

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,...

Start a Hustle for Extra Income

Start a Hustle for Extra Income

You've worked hard, and you have developed a plan for snowballing your debt and getting it paid off. You know the date of when you can have it tackled. What if you could speed the process up even faster? "But, I've lowered my expenses as much as I can!" you say. So...

Debt Snowball Calculator – Quick Wins to Inspire Debt Freedom

Debt Snowball Calculator – Quick Wins to Inspire Debt Freedom

Debts cause financial, emotional, and even physical struggles, but paying it off seems impossible.  What if you could create a roadmap toward debt freedom with a simple method? The debt snowball strategy is easy enough for anyone to use – even consumers living...

Debt Avalanche Strategy – The Quickest Way to Become Debt-Free

Debt Avalanche Strategy – The Quickest Way to Become Debt-Free

Does paying high-interest rates keep you up at night? If you’re in over your head in debt, but can’t seem to get out of it, the debt avalanche may be the answer. This aggressive, yet incredibly successful program prioritizes your debts, helping you get out of what...

Is Financial Independence Your Goal?

Is Financial Independence Your Goal?

Financial Independence. Retire Early. If you've spent any time researching personal finance, you may have come across these terms, or the combined term - FIRE. When you first see them, they may seem far-fetched, or even completely...

The Five Things That Make Debt Bad Or Good

The Five Things That Make Debt Bad Or Good

Have you heard the terms "bad debt" and "good debt"? Take a moment before you read on, and answer this question for yourself. What are the things that make debt "bad?" And what are the things that make debt "good?" I've always hated the terms "bad debt" and "good...

The Three Reasons People Don’t Want to Budget

The Three Reasons People Don’t Want to Budget

Back when I was healing my own relationship with money, I encountered all sorts of resistance from others any time I mentioned budgeting. "Eh, I have enough money, I don't need to track it." Or on the other side: "I don't have enough money to budget." "Budgeting...

Pick One Thing and Work On It

Pick One Thing and Work On It

I've worked with clients for a while now, and one thing I see over and over again is overwhelm. Our lives are so complicated, juggling family, work, leisure time (if we're lucky!) a second job or business, kids, unreasonable customers... I don't need to tell you this,...

The Origins of the Word “Mortgage”

The Origins of the Word “Mortgage”

I ran across a little piece of information recently that stopped me in my tracks. Did you know that the word mortgage translates to death contract (or pledge) in French? Wow! If you are anything like me, that provokes a strong emotional reaction. To me, debts are a...

Are You Afraid To Look At Your Debt?

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

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?

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

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

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

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?

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

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: Calculate How...

3 Signs it May Be Time to Refinance Your Car Loan

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.