Financial Literacy for Everyday People
Are you finding yourself with a growing pile of unopened bills, letting them collect dust as you avoid facing their contents? You’re not alone. The fear of opening bills is a common experience that many people share. However, avoiding your financial reality can lead to even more stress and complications … Read More
Question: I currently carry four student loans from three private lenders and it has been quite a hassle keeping track of all three in addition to other credit card debts. The Feds hikes rates recently, which means my monthly payments will likely go up. Should I consider consolidating my … Read More
Debt by itself is neither good nor bad. It depends on how you use it. A pile of consumer debt can make your life miserable, and the temporary satisfaction you derived from spending the money a long-forgotten memory. Debts are like a double-edged sword – they can be your best … Read More
Are you a slave to your debt? Many people are. I saw a study recently that said 30 million Americans now have debt that is subject to collection. This means they are so far behind in their payments – probably on credit cards – that their accounts could be turned … Read More
Do you have sleepless nights worrying about your debt? Do you dread phone calls and knocks on the door. Are you tempted not to open the mail? Are you trying to pretend that nothing is wrong and hiding the situation from those around you? STOP! Hiding from the problem is … Read More
Money does not buy love, but money is a lubricant of love. When there is no money, hugs and kisses can degenerate to howls and fights. In poor and middle class homes, most marital conflicts have money as direct or root cause. When there is not enough to go round, … Read More
All debts are not equal. Debts can be classified broadly into two types. One puts money in your pocket while the other takes money out of your pocket. This means that one type of debt makes you richer while the other type makes you poorer. One is good for you … Read More
By Charles Malcolm
Let me begin with something amazing, which may startle you.
“Debts are actually a useful tool if it is used wisely – to acquire assets.”. If your consumer debt is taking a large share of your income then it is really a matter of concern. The debts … Read More
Apart from infidelity, financial stress is the single most deadly wrecker of marriages. Financial difficulty is the underlying reason for most marital squabbles. The love of money may be the root of all evil, but the lack of money is the root of bitterness. Money is the lubricant of love. … Read More
By Jon Robinson
There is no shortage of advice available about how to tackle the problem of debt in your personal finances. Everything from credit counseling services to television presenters would all like you to think there is a magic bullet to easily brush away all of your financial burdens.… Read More
