Debt

Free Debt Payoff Plan Worksheet

Looking for a free debt thermometer printable? Making your goal visual is a great way to find motivation for paying off your debt and makes it easy to track your debt payoff process and become debt-free. Having your financial goal displayed in front of you can make it that much realer, plus it’s nice to… … Read more

Today, I have an article from Penny. Her family of six spends just $53,000 a year, with $22,000 of that going towards their student loan debt. Here is her story. Dear Readers of Making Sense of Cents, I’m Penny. I write a blog with my cousin, Rich. It’s called Penny and Rich. He’s rich. I’m poor. Get… … Read more

The holidays are here, and so is the holiday shopping season. The average person spends around $900 on gifts for the holiday season. That amount doesn’t even account for other holiday spending, such as travel costs, food, get togethers, decorations, and more. Some people even go into credit card debt to spend for the holidays, but… … Read more

As you know, learning to pay off your debt is one of the best ways to reach financial independence. And, there are some crazy and creative strategies to pay off debt, and I LOVE hearing stories from the people trying them! I published the post 60+ Extreme Things People Have Done To Save Money awhile… … Read more

There’s a myth that expensive colleges are always better than the cheaper ones. As if higher college costs means that you’ll automatically get a great job, you’ll have an extremely high salary, and more. Well, that’s not always true. According to an article in The Wall Street Journal: From the academics [who have studied whether students… … Read more

I know the title of this blog post and talking about the reasons for why a person would have no money is pretty straightforward, but sometimes that approach is needed if you are going to face your financial situation more realistically. After all, one of the top reasons for why a person lands on this… … Read more

Now that I’m no longer semi-anonymous with my finance blogging, I tend to have a lot of friends and random people asking me finance questions. I have people pouring what seems like their heart and soul to me because they really want to change and improve their situation. This is something that I love about… … Read more

Recently, I published the article Reasons You’re Still in Debt. Like I said in that article, I think the first step in eliminating debt is to realize why you are in debt in the first place. I believe that if you don’t know what your problem with debt to begin with is, then it would be… … Read more

Hello! Today, I have a great debt payoff story to share from Davina (from the blog Davinas Finance Corner). Here’s how Davina went from being in payday loan debt for 1.5 years to being debt-free, saving over $50,000 and building a five-figure investment portfolio. Enjoy! In this post, I will share how being stuck in… … Read more