Tag: debt free
Become Debt-Free and Stress-Free
We all live with varying levels of stress. Most of it comes from financial hardship or being in debt. Being in debt is not fun at all. You constantly worry about an emergency that can shatter the life you worked hard to build. But, it is possible to get out of debt. I did it,…
Are You Drowning in Debt? Try Building a Relationship with Money
Our parents and teachers train us to be good employees. Unfortunately, this mindset leads to terrible interactions with money. The first step to getting out of debt is understanding the language of money and then learning how we should spend it. The root cause of debt. We live in a consumption-based, spend-first society. However, that…
Wiping the Debt of Christmas Past
Christmas is when we overindulge, over-travel, and, worst of all, overspend. However, racking up credit card debt during the holidays can leave us in a challenging situation for years. We live in a consumer-focused nation that thrives on spending in the economy. I love the holidays as much as everyone else, but we have to…
Debt-Free Society: Beat Student Loan Debt
Someone lied to us all about going to college and taking on student loan debt. In a few cases, getting a degree leads to massive wins in the civilian sector or military. However, taking on the debt associated with these degrees can put you into a form of slavery called indentured servitude (Read “In-debt-ured Servant”).…
Debt-Free Society: Beat Automobile Debt
There has been some debate about whether your home is an asset or a liability. I agree with Robert Kiyosaki, who says that your primary residence is a liability. However, there is no doubt that your car is a massive liability. Yes, it gets you to work, but it drains resources daily. With the increased…
Staying Debt-Free in Your 70s
In our 20s, the biggest threat to our wealth was striking out into the world. Conversely, in our 70s, the most significant threat to our fortunes is us leaving the world unprepared. That’s right; our 70s is all about ensuring we have everything in place for us to leave the world with our fortunes intact.…
Staying Debt-Free in Your 60s
I’ll be honest with you; our 60s should be a time to relax and reflect—we should be on the easy street with our finances. If we haven’t figured it out by now, we may never unlock our potential. That’s not to say that there won’t be dangers associated with this timeframe. We worked so hard…
Staying Debt-Free in Your 50s
Our 50s is the time we’ve all been waiting for—time to celebrate. We were brilliant in our 20s, chose a good partner in our 30s, and avoided debt in our 40s—now it’s time to party. Am I right? Not really. Welcome back to the Staying Debt-Free in At Any Age series (20s, 30s, 40s), where…
Staying Debt-Free in Your 40s
If the greatest threat to your wealth in your 20s was yourself, and in your 30s was your partner, what do you believe it will be in your 40s? That’s right, your kids. Welcome back to the Staying Debt-Free at Any Age series (20s, 30s), where I discuss how to stay debt-free and build wealth…
Staying Debt-Free in Your 30s
Your 30s is where you are most likely to accumulate massive levels of debt. The two main culprits will be marriage and home-buying, so you need to evaluate what direction you take regarding these events honestly. Welcome back to the Staying Debt-Free at Any Age series (20s), where we try to make it through life…
Staying Debt-Free in Your 20s
Staying in debt is the downside of the American Dream. The only way to live a great debt-free life in America is to live below one’s means and focus on building relationships. Welcome to the Staying Debt-Free at Any Age series, where I will discuss avoiding debt at various stages in life. Today I will…
