debt

Millenials Staring at $1 Trillion in Debt

Not surpisingly, student loans make up a majority of the debt for 19-29 year olds. Reflective of this is that while mortgage debt is only up 3.2%, student loans are up a staggering 102%.

3 in 10 Americans Have More Credit Card Debt Than Emergency Savings

To save, or to pay off debt? That is the question. While the answer should be fairly obvious, a recent survey shows that Americans are struggling with this decision quite frequently, and the results are of an ominous sort.

A New Way to Help Pay Down Your Credit Cards

Now that the holidays have passed, your credit card bills with your holiday spending may have started to trickle in.  Most by now have heard of various debt paydown methods like the snowball and avalanche, both of which have their advantages in their own right. 

But could there be a better way, that helps to even make sure you don’t run into late payments any more either?

Stay On Top of Your Cards With Debitize

With the advent of plastic and especially now mobile wallets, it can become oh so easy to rack up the debt.  Credit card companies love to entice us with all sorts of points, cash back offers and more.  After that, comes the interest that essentially wipes out the “value” of any of those points.  Granted, this may not be an issue for many, who opt to not use credit at all, or pay in full, and that’s great too! 

What if there was a way though to stay on top of your spend, earn points/cashback and get those transactions paid off right away?  Enter Debitize.

30 Things To Budget For When You Turn 30

Ah, your “roaring 20’s”.  What a care free time that was, right?  Finishing up college, entering the working world, perhaps even just starting to (hopefully) dabble in investing in your 401(k).  Once you hit 30 though, it can become a whole new ballgame.  You may already be budgeting for a lot of these, but even if you are, it can still be a solid reminder to keep these as part of your financial plan.

16 Ways to Boost Paying Down Your Debt

When it comes to paying off debt, the struggle is definitely real.  It doesn’t have to be though.  Inside are some methods that can help you jump start getting your debt snowball rolling.  Some might be common sense, but when put into action, can really help.

Motivation Monday: Knocking Out Debt in 2 Years

Not many look forward to Mondays, so usually we can always take whatever sense of positive news and stories we can get.  With so much negative in the world anymore, I’m hoping to start sort of a little Motivation Monday series around here.  Today’s is a great story about someone who was able to knock out $35,000 worth of debt in two years.  Hopefully it can equally inspire you.

How To Save on Paying Off Your Debt With Balance Transfer Cards

How To Save on Paying Off Your Debt With Balance Transfer Cards

If revolving credit card debt knocks on your door on a month to month basis, it might be time to consider a balance transfer card.  Of course, the main focus is to pay it and be done with it, and preferably no new purchases on it.  Read more for how this technique can help you potentially save on interest, as well as get out of debt even more quickly.

What To Know About Credit Card Debt Forgiveness

Wouldn’t it be great if once credit card debt is forgiven, everything just magically goes away, and that’s the end of that?  Unfortunately that’s not the case.  Granted, the best route is to just pay off your debts on your own, but for some it’s not always that easy.