This is a guest post by Shay Quincy. If you’re in debt and are drowning in bills and demands, there are two important things you need to do. The first is to find ways to reduce your outgoings – which may involve asking yourself if you are packing the right credit card – in order [...]
Archive for the 'Paying Down Debt' Category
2 Comments Guest on Mar 26th 2013
Filed under Financial Freedom,Miscellaneous,Motivation,Paying Down Debt,Saving Your Money
Our Bid for Financial Freedom by Age 50
The following is a staff post by Crystal Stemberger. Financial freedom has been my ultimate goal since I started college in 2001. That was when I thought I’d be working in a white collar cubicle for 30-35 years, and be able to fall back on a nice pension when I decided to retire. By the [...]
33 Comments Budgeting in the Fun Stuff on Nov 12th 2012
Filed under Guest Posts,On Behalf of,Paying Down Debt,Saving Your Money
What Can Be Done to Tackle the Problem of Personal Debt in the UK?
The following guest post is brought to you by Debt Line. When it comes to borrowing, it’s not just the government who are in a crisis; at the end of last year, consumer debt in the UK ballooned to £1.5trillion, with the average adult now liable for £29,500. With 80% of adults in the UK [...]
1 Comment Guest on Sep 29th 2012
Filed under Growing Your Wealth,Paying Down Debt,Real Estate,Saving Your Money
Should I Convert My Variable Rate Mortgage to a Fixed Rate Mortgage?
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, [...]
38 Comments Kevin on Apr 16th 2012
The following guest post is brought to you by Payplan. Over the past few years, many Americans have found themselves being buried in debt and have been struggling to find a solution to help get them out. Some individuals’ habits contributed to this problem, while others found themselves in unexpected situations with medicals bills or [...]
3 Comments Guest on Jan 13th 2012
Filed under Growing Your Wealth,Investing,Miscellaneous,Paying Down Debt,Philosophy,Saving Your Money,Stories
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 [...]
19 Comments Guest on Dec 22nd 2011
Filed under Economics,Growing Your Wealth,Healthy Living,Investing,Market Analysis,Miscellaneous,Opinion,Paying Down Debt,Philosophy,Precious Metals,Saving Your Money,Stories
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 [...]
59 Comments Kevin on Dec 12th 2011
Filed under Miscellaneous,Opinion,Paying Down Debt,Philosophy,Saving Your Money
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 [...]
23 Comments Kevin on Dec 5th 2011
Filed under Guest Posts,Paying Down Debt,Saving Your Money
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 [...]
17 Comments Guest on Sep 1st 2011
Filed under Growing Your Wealth,Investing,Market Analysis,Miscellaneous,Opinion,Paying Down Debt,Philosophy,Saving Your Money
How Much Should I Save, and Why?
Me: Baby, how much should I save, and why? Her: How much? A lot. Why? To make me happy. We each have our own reasons for saving… what are yours? How much should I save, and why? Before we can answer this question, we need to ask another question: What is my time preference? In [...]
44 Comments Kevin on Aug 17th 2011
