This post was awarded Runner-up in Free Money Finance 2010 March Money Madness contest. Erin, “Debt free for me means that we have more choices, more freedom and less that will hold us down keeping us from what and where we want to be.” Jeremy, “It means tremendous peace…now we can pay ourselves every month.” […]
Should Christians Tithe While Paying Off Debt?
Darren and Cynthia (fictional names) had $80,000 in credit card debt, two old paid for vehicles and a house with zero equity that they were trying to sell. Because Darren’s job required him to work sporadic hours, it was difficult for him to find extra work. Cynthia worked a sales job that brought in irregular […]
Abusive Debt Collection Tactics And How to Deal With Them
“If you get off the phone with me, that’s it. The sheriff will be there and he will come for your kids.” “You are totally ghetto…learn English; get an education instead of just sitting on your fat derriere all day long.” These are just samples of the tactics that some abusive debt collectors use to […]
Are Debt Consolidation Loans a Good or Bad Idea?
Although I generally don’t recommend debt consolidation loans, I admit that there are times when such a loan can help. For example, if you have lost your job and the wolves are at the door, consolidating your debt can lower your payments and get you some room to breathe while you are getting back on […]
10 Tips on How to Graduate College Debt Free
Prospective college students: this is for you. The choices you make on funding your college will impact your life for years to come. Sure, you can take the easy path and borrow the money. But I challenge you to be different: make sacrifices and avoid the a debt problem. No College Savings? You can still […]