Category: Debt Management, Relief & Consolidation
I Took Out a Higher Interest Rate Loan and I’m So Glad I did
About a few months ago, my condo building had a leak that damaged several units including mine. The total damage came out to be over [more…]
Are Gift Cards Are The Worst Product Ever?
Gift cards used to be cool! Everyone wanted one. The typical response to the question “What would you like for [enter occasion]?” would be “Just [more…]
Optimizing for joy
Hello, friends. It has been a l-o-n-g time since I’ve written online. Well, that’s not entirely true. I’ve been writing a ton at Facebook. In [more…]
Does Amazon Prime Day Actually Save You Money?
I’ve long been a proponent of Amazon for buying all items for my house and generally everything. I was an Amazon Prime member for years [more…]
Four Weeks of Interviews – Blogging Away Debt Blogging Away Debt
by Hope The last week of December, I heard from a past client asking if I was available for a big role. I was so [more…]
How Credit Cards Become Debt Traps
It’s estimated that some 60 million American households regularly carry outstanding credit card balances. According to a WalletHub study, the average household’s credit card balance [more…]
Before You Set Another Financial Goal, Figure Out What YOU Want
This year, I’m doing something a little unorthodox. I didn’t set any personal goals for the new year — and that includes financial goals. Instead [more…]
6 Reasons QuickBooks Self-Employed Should Be Avoided
I literally hate QuickBooks Self-Employed! It is one of the worst options for bookkeeping, never mind for full small business accounting needs. Harsh words, yes. [more…]
How Credit Cards Become Debt Traps
It’s estimated that some 60 million American households regularly carry outstanding credit card balances. According to a WalletHub study, the average household’s credit card balance is $8,425. We know what this means: Carrying a balance (meaning you don’t pay off your total amount due every month) incurs interest (meaning you’re actually paying more than you owe on your card). But why are so many of us falling prey to this debt trap? By investigating five of the most common reasons why we accumulate those high card balances, in no particular order, we might be able to help you avoid this financial pitfall. Reason #1. Cardholders just pay the minimum payment amount. Typical credit card statements show several types of “amounts due.” When you’re submitting payment, you can
Guidelines for Spending on Your Mortgage
So, you’ve decided to take the leap and buy a home. Congratulations! But have you given some thought to what kind of mortgage you can afford? Think about the price of the home as well as the monthly payment you’ll pay to own that home. Banks take your ability to pay the monthly payment into consideration when deciding whether or not to grant you a loan. If you use the same principle that banks use to narrow your search to homes that you can afford, you will be one step ahead of the game. So how do you do that? Read on to determine how much mortgage you can afford. How Much Can You Spend on a Mortgage? Buying your dream home is a milestone in life
Before You Set Another Financial Goal, Figure Out What YOU Want
This year, I’m doing something a little unorthodox. I didn’t set any personal goals for the new year — and that includes financial goals. Instead of setting goals for this year, I’m calling this my “year of exploration.” You don’t have to spend a whole year trying to figure out who you are and what you want, but before you set another money goal, take the time to figure out what you hope to make of your life. Too often, we set financial goals because they are the “right” financial goals, not because they actually help us achieve anything meaningful in our lives. Do I really need to put more money toward retirement, just because that’s a common goal
