Tag: debt repayment
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,…
You Can Now Skip Car Loan Payments: Don’t Skip Your Car Loan Payments!
I logged in to pay my monthly car payment and received a strange notification. I could now skip my car payment for a $25 fee. The implications of this type of program are far-reaching. In essence, it’s a payday loan. Keep in mind that this came from a Federal Credit Union—the supposed good guys. The…
Time is Money #1: Debt is a Function of the Past
Most of us don’t understand the devious nature of debt until it’s too late. We believe debt helps us get what we want—when we want. In reality, debt is sucking life from our souls. The more debt we have, the more we are tied to our jobs, lifestyles, and cities. Today, I want to get…
Pay Down Debt or Start Investing 2
“Should I pay off my debt entirely before I start investing?” This topic keeps me up at night (not really). I do feel very passionately about the guidance people receive on this matter. Paying off our debt and becoming debt-free is one of the single most incredible moments of our 16-year marriage. We used many…
Should You Consolidate Debt?
Most of us gather debt during our younger days—cars, credit cards, student loans, etc. So the question becomes, should we consolidate debt to assist in the repayment process? There are a few positives to consolidating debt and one giant negative. Let’s jump into this significant decision. A huge reason why Kris and I could get…
