Category Archives: Debt

How Much Interest Do I Pay? An Update

In November of 2009 where I sat down and actually calculated how much of my monthly payments were going to interest; again, I repeated this exercise on June 23, 2011.  Well it has been another eight months or so, which means it is about time to figure out how much of my money is goingContinue Reading

What Generation Has The Most Debt?

Who hasn’t wondered which generation has the most debt? The discussion actually led to a pretty heated battle in the Evan household.  While the people at Live Credit Smart provided us with actual answer of What Generation Has the Most Debt I believe it should be a deeper conversation: The Wife took the infographic atContinue Reading

Things to Consider Before Securing a Title Loan

Payday loans and title loans have a notoriously bad rap; however, there are hundreds of companies that provide such loans still in business which proves that they are obviously in high demand. With the economy strained and many families now living on one or a small fixed income, many don’t have room for error inContinue Reading

Factors to Consider When Consolidating Debt

At the office the other day a colleague asked me to analyze his refinance decision and while we getting deep into the calculations (taking into account taxes, remaining interest, etc.) I started to think about things to consider when deciding to consolidate one’s debt.  I don’t think refinancing one’s main home is as easy asContinue Reading