When You Can’t Pay It’s a terrible feeling to have a stack of bills that you have no way to pay. Even the minimum payments would keep the wolves from the door, but you can’t even do that. You are scared, frustrated and irritable. You are losing sleep, productivity at work, [...]

Symptoms of Too Much Help If you are dreading the task of paying bills each month, chances are you know that you have trouble. You may be paying the bills and then facing not enough money to meet your basic needs. You may be skipping some payments because there is just not [...]

When Debt Settlement is Right You are drowning in credit card and revolving debt loan payments. Your income is not enough to make all the payments and meet your essential needs as well. You have missed payments to several creditors, and they are calling. You don’t know what to tell [...]

Some Initial Facts Americans are almost $700 billion in debt to credit cards and revolving debt loans. And 70% of them say their debt is becoming overwhelming, that is, almost too much to be able to pay. We have enjoyed living in a society in which plastic can buy anything we want right [...]

Learning Personal Finance Until recently, secondary schools did not have courses in personal finance. Students entered the world of work without the skills to develop a budget, to determine how much debt is too much, and to understand the importance of planning for regular savings. Without these skills, along with the societal [...]

The Value of a Debt-Free Existence No one can dispute the wonderful feeling of serenity and comfort when one can state that he/she truly owes no money to anyone. There is no stress and discord when the mail arrives each day, and no loss of sleep wondering how to get debt paid off. [...]

The Vicious Cycle of Debt When one gets into significant debt, it is very difficult to get out. But getting out is absolutely critical if one is to avoid the stress and anxiety of always owing money to others and having to continue to accumulate debt because current payments do not allow the [...]

Debt-Free Financial Longevity Basically, the concept of long-term debt-free living involves getting out of current debt in an organized smart way and remaining debt-free for the remainder of one’s life. The process is not “rocket science,” but it does involve setting goals, establishing benchmarks along the road toward those goals, and then the self-discipline [...]

Why Debt-Free Life is Attractive Every consumer has debt. No one likes to be in debt, but it is a fact of life throughout most stages of your financial career. Some are in debt the day they die of old age. How much better life would be if you had [...]

What is a Payday Loan? They are advertised everywhere – television, radio, the Internet.  Just pop into your nearest payday loan center, with your most recent pay stub, and receive an advance loan against your next paycheck.  Fast and easy!  The details of the loan, however, are pretty harsh. The [...]