Good Habits for a Great Life!
Think debtor prison is a thing of the past?
Well, you might want to check a little more into exactly how much trouble your pile of debt can cause you.
In the early 1800s it was fairly common for people to go to jail for not paying their debts. Wikipedia says that about 2,000 New Yorkers annually went to debtor’s prison in 1816.
That’s quite a few folks considering that …
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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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Are you paying way too much for your college education?
Some people have thrown all logic out the window when it comes to their education. They are stupidly borrowing huge sums of money in the form of student loans to pay all of their college expenses. I’m sorry to be so blunt, but it is true!
Occasionally, a blogger writes a post that they truly wished everyone would read. This …
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Are these three financial good habits just too simple for today’s world?
These are certainly very basic personal finance practices, but it doesn’t seem that many people are still applying them.
Have these fundamentals of finance outlived their usefulness?
The three good habits of personal finance that used to workI generally believe that simple is better. When things are easy and straightforward, then I can be more consistent with …
Read more »The debt snowball is a very easy and effective technique for paying off debt. It is a systematic way for the average person, like you and me, to attack and eliminate their credit card bills, car loans, student loans, and other forms of consumer debt.
Debt drains our finances of its strength. You need to pay off your debt so you can keep your money and start accumulating wealth. The …
The goal is to get ahead with our money and start experiencing more success with our finances. We want to return to the basics of financial wisdom to learn how to accomplish this. One important way to achieve any financial goal is to observe what other successful people have done to win with their money. Once we know what others have done, we simply emulate their behavior to get the …
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