Imagine this scenario: you don’t get paid for another week and your car just broke down. Paying for a tow to a local garage and getting your car fixed is going to wipe out your checking account. How are you going to put food on the table until payday? How are you going to pay …
Most people have big dreams and this reflects in the kind of goals they set for themselves. If you reside in Adelaide, it is likely that you may have observed that most people aspire to own good homes, furnish them to their taste, drive sleek cars as well as take their kids to dream locations …
July was a pretty good month. We paid off the medical loan and made an extra payment towards a student loan. This month was even better. Our second windfall arrived and one more student loan is now gone. September is looking very good, too. Debt Reduction Progress in August The second windfall arrived about mid-month and …
One of my financial resolutions is to pay off $40,000 in debt. January was a good month for debt reduction, but February was a great month. Not only did I make good debt progress, but I also made progress in other goals. Debt Reduction Successes in February Due to a windfall, we were able to pay $11,500 in …
One of my 2008 financial resolutions is to pay off $40,000 in debt. February was a great month for debt reduction. We didn’t have a windfall this month, so our progress wasn’t quite as spectacular, but we’re still on track to pay off the full $40,000 by the end of December. I’ve also made more progress on other goals. …
We’re now a third of the way through my debt reduction plan. If you’re just joining the blog, one of my 2008 financial resolutions is to pay off $40,000 in debt. March was a good month for debt reduction. We managed to pay off one credit card entirely. April wasn’t quite as good, but we still made solid progress. …
As I said last month, was an awesome month for debt reduction. We met our goal two months early, and now we’re pushing on to drive down more debts. Debt Reduction Progress in October We reached our primary goal of paying off $38,567 in debt on September 22, then we couldn’t decide what else to do. …
In addition to some people opting to walk away from their mortgages, the temptation to default on student loans is growing. Unfortunately, defaulting on student loans can have even worse consequences than defaulting on a mortgage. So, let’s go over what will happen if you default, and options for avoiding default. What Qualifies as Default? The government …
Over the course of the last two weeks, mortgage rates “skyrocketed” from 4.85% to 5.45%. Some people are acting like this is the end of the world, but really it’s not. Although it will affect people’s bottom lines, in the long run it’s probably good for the economy. Higher Interest Rates and Your Current Mortgage …
Just like the living debt, sometimes old debts can come back to haunt you. This is called zombie debt. The good news is that you can fight this illegal debt collection without having to pay them a penny. I tell you how in the last of my five-part series on credit. What is Zombie Debt? Zombie debt …
