For many consumers, managing debt can seem overwhelming. Finding an effective way to reduce debt is a key to improving your personal finances. Use these tips to find a light at the end of the debt tunnel and improve your finances. In 2017, household debt in the U.S. rose to more than $13 trillion. While […]
Debt can be a heavy burden. No one enjoys being debt-laden because carrying a debt leads to feelings of stress anxiety. Sometimes, however, taking on debt is a reasonable decision to make, if the debt can be managed over time. For example, taking out a loan for college and paying off the debt for years […]
There’s no hot water….. So, I’m in a shower at the gym and the hot water goes out. The shower is getting colder by the second. Do I switch showers, or just grit my teeth and finish where I am? Tough call (I stayed in the same shower). This same scenario and be applied to […]
“Success consists of going from failure to failure without loss of enthusiasm.” I love this quote with Winston Churchill. It’s one of several quotes I keep on a piece of paper in my wallet. I think the “attitude” of this quote can help anyone who is in debt. A debt problem can be solved- regardless […]
Having a large amount of personal debt can be frustrating. Like any big problem, it can be difficult to visualize a process for getting out of debt. The Greek debt crisis serves as a cautionary tale about debt. We can all learn from the mistakes made by Greece.