Posts related to paying off consumer debt, paying off debt, etc.
I believe most of the advice offered today by the conventional wisdom is focused on the short term as opposed to the long term impact on your financial wellness. So where should you and I focus? I want to start a great fight (i.e., conversation) about these two financial numbers: Net Worth vs. FICO score.
The Great Financial Numbers Fight: Net Worth vs. FICO Score Read More »
Have you ever been in that situation? I mean, you have worked on your budget, you have looked at every possible way to cut expenses. And yet, you still don’t have enough money coming in this month to cover all the bills. So what do you do?
What if I don’t really have enough money to pay my bills? Read More »
So I will continue dealing with maintenance and repairs. It’s not fun to pay them, but it is better than paying interest on an auto loan. A new car would be great, but a monthly car payment would get in the way of my greater goal of paying off the house.
$500 Monthly Car Payment or $500 Car Repair Bill? Read More »
Taking a vacation is a great thing and you should do it. But don’t go and plan a vacation thinking about relying on credit cards to make it happen.
The Best Kind of Vacation Read More »
I want to cover stage 2: building up your financial household. After you get out of debt your next step to strengthen your financial position. You want to focus on increasing your savings and managing the risks to your finances.
Life after Debt: Building Up Your Financial Household Read More »
