I really hope the Financial Samurai is kidding with his latest post on debt reduction and weight loss. I really hope that he’s just being wacky and looking for link bait or something to further Yakeziefy his web presence. 😉 Here’s his premise: Buying the plasma, leasing the convertible, and living way beyond your means … Read more
(This guest post was provided by RP, a community writer for Debt Consolidation Care. She has written various articles on debt consolidation, debt reduction and debt settlement.) Debt settlement is a process in which you and your creditor agree to reduce the overall debt in exchange of a lump sum amount of money. This lump … Read more
I didn’t do a huge amount of financial due diligence when I was dating my wife and after I became engaged to her. At most, I had a warm fuzzy feeling that she wasn’t too badly in debt and that she could cover (barely, perhaps) her bills with her job. The finances didn’t concern me … Read more
People can fall into debt for any number of reasons. Sometimes it’s because of not-so-benign neglect of personal finances, and other times it’s because of a giant unexpected expense at the wrong time. After the smoke clears and cash flow is back around where it should be, it’s time to pay off the debt. Sell … Read more
If you have several debts that need paying off, there are a number of basic strategies to accomplishing this. Each one has its own pros and cons. I’ll talk about three that have made the rounds, and introduce a fourth that is a bit different. Make extra payments on the debt with the lowest balance … Read more
(This is a guest post from Kris Bickell. For more tips on getting out of debt and turning around your financial situation, visit www.debt-tips.com. You’ll learn the actual debt elimination tips he used to get completely out of debt.) If only money grew on trees … life would certainly be easier! But of course, it … Read more
Five Cent Nickel published a post that discussed what things to consider when you have both debt to pay and money in the bank. The main problem is that the difference in what the bank pays in interest is far below what one would pay on a typical credit card balance. Holding on to a … Read more
This month’s Wired magazine (subscribe) had a review of a couple dozen rules for tech-savvy folks, and one of them dealt with the subject of hyperopia. Hyperopia means “excessive farsightedness” and describes people who sacrifice today for gain tomorrow more than most people do. The negative consequences of hyperopia are lots and lots of regrets; … Read more