We’re surrounded by debt in our society. Whether it’s some form of consumer debt, student loans or car payments, we may not want to admit it, but we’re a society that loves debt. The average household credit card debt is north of $15,000. The average student loan debt is over $30,000 per recent graduate and … Read more9 Ways to Pay off Debt Faster This Year
Whether you accrued debt buying holiday presents or have been in debt for years, paying off debt is a common goal for many as they enter the new year. If you want to become debt free this year, odds are your goal is to put extra money toward each debt. But you might also want … Read moreHow to Save Money While Paying Off Debt
Financial independence can mean different things to everyone. A 2013 survey from Capital One 360 found that 44 percent of American adults feel that financial independence means not having any debt, 26 percent said it means having an emergency savings fund, and 10 percent link financial independence…
Sometimes we find ourselves in a financial pinch and we try to consider every way possible out of our current situation. If you have overwhelming debt, you might think bankruptcy is a good option. In the case of Chapter 7 bankruptcy, this may rid you of your debt for good. However, Chapter 13 typically requires … Read more8 Best Alternatives to Bankruptcy: Kill Debt for Good!
Sometimes, debt is unbearable. The amount of debt you have can be more than just an annoying problem. It could be ruining your life. The natural solution then becomes one related to your biggest asset. As Kelvin Elliott of Yes! Homebuyers explains, “Selling your home to reduce or remove debt can sometimes be both a … Read moreTips on selling your property to clear mortgage debt