We should do nothing, absolutely nothing. Don’t get me wrong, as the day we become debt free is an important point in our lives. Having no debt payments will also drastically increase our cash flow, but we really shouldn’t wait until the day we are debt free to act. Becoming debt free doesn’t happen overnight, [...]
We cannot change the cards we were dealt, but we can certainly increase our chances of success by changing how we play the hand. Tweaking our outlook can dramatically improve our life. There’s no doubt about it. In fact, there are plenty of tricks we can employ to improve our finances by adjusting how we [...]
Pay is no longer assured no matter what your job is these days, as more and more people are experiencing pay cuts. Whether your hours are reduced, or whether you lose your job and have to start somewhere else for a smaller salary, pay cuts are increasingly a reality. And, in some cases, you might [...]
A four-year degree really isn’t necessary for success in life, but spending the money and going to college is the right decision for most people. You will do much better, though, if you plan ahead, and make an effort to lower your costs. Some of the essentials, if you want to minimize the amount of [...]
With the Occupy Wall Street movement in full swing and other cities across the U.S. joining in (and even in other countries now), many Americans are voicing their distress at their current financial situation. If you’re in debt up to your eyeballs with no relief in sight, what do you do? According to advice from [...]
It’s a deceptively simple question: do you want to own your home in 15 years or 30? We all know the pros and cons of each term — the shorter mortgage term has higher monthly payments, but you build equity more quickly and pay less over the life of the mortgage, whereas the 30 year [...]
