Category Archives: Debt

My Favorite Thing About Paying off Debt

My Favorite Thing About Paying off Debt

I have been aggressively paying down my auto loan since the beginning of the year.  Every time I am about to waiver and change course I remember my favorite thing about paying off debt.  What is my favorite thing about paying off debt? I don’t believe that debt is religiously evil, nor do I think

Actually Calculating the Interest Paid on a Payday Loan

Actually Calculating the Interest Paid on a Payday Loan

I am not sure if it is that I am fortunate or that I am obsessed with my personal finances but I have never had to take out a payday loan.   However, I have always been curious as to what these loans actually cost to the borrower. The Pros of Using a Payday Loan These

Helping Out a Fellow Personal Finance Blogger Understand Her Student Loans

I was shocked when I saw the following tweet by Leslie from 27andFrugal fame: It immediately caught my attention because amortization loans shouldn’t be paid forward like this, however, when I let Leslie know that was possibly making a mistake she didn’t believe me!  Despite not knowing Leslie I felt it my responsibility to help

How to Avoid Debt – A Guide

Unfortunately, for a lot of people, debt is – or is becoming – a fact of life. It’s all too easy to borrow money in the firm knowledge that you can and will repay it in time… only to see your circumstances change and your ability to repay the money you owe taken away from

How to Tackle Your Debts in 2011

How to Tackle Your Debts in 2011

Many people set themselves financial objectives, and I think it’s a great way to keep you financially motivated and focused. It’s a harsh fact of life that getting in debt is so much easier than getting out of it, however with a correct plan of action you can make it easier. Before you can ever