Good Habits for a Great Life!
Do you LIKE being a slave?
Piling up credit card debt makes you a slave. You give up your freedom every time you add to the balance on your card.
When you owe debt, you are no longer working for your own financial well-being. You are working to make someone else wealthy – the credit card company.
You are their slave. You toil all day to make them rich. You’ve …
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Are you interested in being debt free?
There are certainly some nice advantages to living without owing anything on credit cards or car loans.
Growing up, I thought borrowing money to buy things was just what adults did. It never even occurred to me that it was possible to pay cash for everything.
However, a few years ago, my wife decided we should become debt free. Since then, we’ve …
Read more »This is a guest post from Adam at Money Relationship. At his site, he writes about his journey out of $150,000 in debt.
A little over 12 months ago, my dad approached me about my credit card debt. He wanted to help me get out of it by loaning me money.
The credit card debt totaled about $16,500 and I knew I had a rough patch coming up. I …
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Is it really better to live debt-free?
There is a lot of talk nowadays about frugality and paying off debt, but why is living with debt so bad? What harm is there in using a credit card to get what we want? After all, we work hard. Don’t we deserve some luxuries? Why wait to get things when interest rates are so low?
Well, I lived with debt for several …
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How well do you handle your finances?
Most of us have some bad money habits that continued could leave us eating ALPO for dinner! If not literally, then certainly figuratively.
Dogs might love ALPO and we might survive eating it, but it won’t be pleasant. Shape up or you could wind up broke and desperate!
Check out this list to see if you have any bad money habits that you …
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If you have bad credit, correcting the problem may feel like an overwhelming task. Understanding what happened, how it impacted your credit, and eventually improving your credit reputation can all be intimidating prospects, especially if you try to consider how to fix them all simultaneously. However, by taking each step individually and working through it, moving from bad credit to good credit is not impossible.…
The factors that contribute to Read more »Your FICO score is your credit score. According to the Fair Isaac Corporation that computes your score, "FICO® risk scores rank-order consumers according to the likelihood that their credit obligations will be paid as expected." FICO scores are recognized almost universally as the standard in judging a person’s credit worthiness. However, these scores are not without their issues. For instance, if you live a debt-free lifestyle, you are likely …
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