My wife and I racked up over $109,000 of credit card debt during the first thirteen years of marriage. I place much of the blame for that on myself, as I hid the totality of our debt from her. After she had gone to bed, I spent nights applying for credit cards with low promotional […]
Conventional wisdom states that borrowing money for education or a home is “good” debt. Unlike using a credit card or borrowing to buy a car, schooling and your home are things that stand the test of time. No one can take your education away from you. It’s unlikely that a cargo truck will clip your […]
You’ve finally decided that she’s “the one,” and you’re ready to pop the question. There’s only one problem: you don’t have enough cash to buy the engagement ring. You’re in a bind. Should you finance an expensive ring that she’ll love, save money and postpone your engagement, or buy a smaller ring that you can […]
Debt is literally a four letter word; it just also happens to mean you owe money. Many Americans have a dream they’ll never realize: living without debt. Yet, the dream is possible for nearly everyone – just be prepared for the sea change of behavior required to make it happen. If you are unprepared, your […]
When it comes to finances, it’s important to not only think about the now but also the future.
There’s a traditional approach to getting rid of student loans: you pay them off. Depending on the type of degree you got, that can mean a sizable chunk of your income going to student loans for years to come. Repayment isn’t the only way to eliminate student loans, however. There are other options that offer […]
