According to the Motley Fool, the average American family has $7,630 in credit card debt, $11,244 in student loans, $8,163 in car loans, and $70,322 on a mortgage. However, before you think the above amounts seem low, these figures include those who don’t have any debt. So, for example, when you only factor in those… … Read more
Wondering what retirement mistakes will ruin your retirement? Here are the biggest retirement mistakes we all make. Have you ever checked in to see if you are on track for retirement? I know this can feel like a daunting task, but preparing yourself for retirement can help you save more and avoid common retirement mistakes…. … Read more
Should you pay off debt or save money? I wish this was a super easy article where I could just give you a clear answer about whether you should pay off debt or save money, but that’s just not how personal finance works. Every situation is different, and today, I’d like to go over different… … Read more
Instead of living debt free, we’re currently in a debt crisis, and I’m not being political when I say that. I’m talking about a personal debt crisis in which the average person pays for many purchases, both small and large, with money they don’t actually have, therefore taking on more and more debt. And, the… … Read more
Today, I want to share some amazing stories about families that have learned how to become debt free. These are some amazing debt payoff stories that will motivate you to become debt free! According to the Motley Fool, the average American family has $7,630 in credit card debt, $11,244 in student loans, $8,163 in car… … Read more
It’s almost Black Friday, which will start the largest shopping season of the year. And, the average person will spend around $900 on gifts this holiday season. That amount doesn’t even account for other holiday spending, such as travel costs, food, get togethers, decorations, and more. And while the holidays are a great time to… … Read more
Hello! Today, I have a guest post from Dave at The Dollar Blogger. Dave lost his job, and then 2 weeks later his wife was laid off. This is their story of how they got by, their sacrifices, strategies, and more. I’ll be honest – I’m not one for excessive frugality. I wouldn’t consider myself… … Read more
Today, I have a great article from Petrina Turner. Here’s how she paid off $40,000 of debt in less than two years. Below is her debt payoff story. I could not believe it. I just sat and looked down at my worksheet. There were multiple zeros behind one number! How could we have accumulated so… … Read more
Lately, I’ve been hearing more and more about families relying on credit cards for their emergency savings fund. This is something that scares me as while credit cards may work for some, I believe that emergency savings funds are a better solution for the average person. Whatever emergency fund amount you decide on, it’s better than nothing… … Read more
I’m often asked about the money advice that has helped shape the life I live today. While I still have a lot to learn, I have grown a lot in just the past few years, and part of that comes from following the things I’m sharing with you today. And, I am happier than I… … Read more
