With recent bank promotions of 2.99% fixed for four years (some even for five years!), there have been a lot of discussions on whether it’s a better deal to go for a fixed-rate or not. What do you think? Better to go for a fixed-rate, or a variable-rate? In this post, I’ll compare both scenarios,… [Read More]
How to Get Out of Student Debt
The following is a guest post from Marissa at Thirty Six Months where she talks about getting rid of her student debt and becoming financially independent. It is very unusual to find a graduate student in their 20’s these days without a mountain of debt, regardless of whether they worked through university or not. I… [Read More]
The 3 Stages of Financial Freedom
Last week, I talked about the three stages of financial despair. We all want to get out of the rat race, but before we get there, we need to get out of the hole and onto level ground. Financial freedom Financial independence is one of my life-long dreams. I don’t really believe in the “traditional… [Read More]
The 3 Stages of Financial Despair
The road to financial independence isn’t always smooth and straight. There can be stumbling blocks along the way, and it’s also possible to end up on the road to financial despair. How do you know if you are on the right road? What are the three stages of financial despair? Neutral stage The neutral stage… [Read More]
What Debts and Bills Should You Pay First If You Run out of Money?
The following is a guest post by Frank Collins. Most people run into financial difficulty at one time or another, when the money they have just does not stretch far enough to pay for all of the bills and expenses. Unfortunately, there is a tendency for these difficult times to snowball especially during more difficult… [Read More]