David Bach’s latest book Debt Free For Life: The Finish Rich Plan for Financial Freedom, is full of solid financial advice. Here’s a review.
Which Debt Should You Pay Off First?
Ordering your debts can help you create a plan that will allow you to get out of debt faster, saving money in the process.
Should You Pay Off Debt Or Save For Retirement?
If you are in debt and behind in your retirement savings, where do you stick your cash? Do you hold off on contributing to retirement accounts until you are completely debt free?
3 Financial Self Defense Weapons
In many ways, having a strong financial foundation can be a form of self defense. There are many things that can attack our financial lives: crushing debt, losing a job, and unexpected emergencies just to name a few. There are three weapons that I have found effective to fight off the financial burdens that plague […]
Study Finds Being Over-Indebted Increases Your Risk of Becoming Obese
Since the start of the worldwide economic crisis, the number of people in high-income countries who are considered over-indebted – in spite of a severe cutback in living standards – has risen exponentially. Not surprisingly, profound indebtedness has been linked to an increase in stress levels, often resulting in poor sleep. However, it seems that […]
The Power Of Debt
When I originally set out to write this piece on debt, it was titled, “The Soul Crushing Power of Debt”. But the more I reflected on my own experience with debt, the more I realized: “There are really two responses to the power of debt. It can crush you. Or it can motivate you. Sometimes, […]
How To Pick A Credit Counselor
It seems the big talk around town these days is how to save more and get out of debt. Personally, I love that people are paying closer attention to their finances. People who do so and work to manage money better are in a better position to give to greater purposes. And that’s an important […]
The Seven Deadly Sins Of Spending
Spending money is a necessary part of life that requires diligent planning and serious discipline. You may have also realized it’s really fun. Many of us, often without realizing it, allow our spending habits grow out of control and wreak havoc on our bank accounts. The following are the Seven Deadly Sins of Spending we […]
Should I Pay Off My Home Mortgage Early Or Invest?
In the past couple of years my wife and I have been able to dig our way out of debt – and a couple of years ago we paid off our last debt, a student loan for my college education. It was an amazing feeling being able to do that – it was a weight […]
Do You Really Have To Sacrifice To Get Out Of Debt?
In my experience, people who get out of debt do so primarily through hard work, sacrifice, and persistence. In fact, I think the road to the debt free life is built by the hands of sacrifice. Why Must You Sacrifice To Get Out of Debt? Since sacrifice involves giving up something, I’m going to say […]
How To Deal With Your Creditors. David Style!
By applying these 5 principals to my life I was able to deal with my creditors, similar to how David dealt with Goliath. Here’s how to be victorious as well
How To Find The Best Value Cars
I recently received the new Consumer Reports Top 2010 cars edition. This annual review provides a number of interesting car analyses covering ratings, reliability, value and performance (as mentioned in the title). While the top picks and best and worst cars sections are certainly interesting, I was much more attracted to the best values of […]
Stop Faking It And Start Living A Lifestyle You Can Afford
Leasing a luxury car and having lots of stuff bought with plastic money does not make you successful. Here’s why you should live a lifestyle you can afford.
Co-Signing Risks: Why Co-signing Is A Bad Idea
Good intentions can ruin you financially. People who are looking for someone to co-sign a loan for them often look for the nicest, sweetest, and gentlest person they know well. If you have been asked to co-sign for a loan, congratulations on being one of the nicest people in the world. But, now it is […]
