Category Archives: Debt

Understanding Student Finance: Some Good Options for a Student Credit Card

Whether in high school or college, a student is going to soon be opening their very first credit account. If the student understands all the consequences and uses the credit card responsibly, they can be on the road to building a healthy credit report much more easily. Understanding the fundamentals of paying the bill on time and how good credit can benefit them for years to come, it is a good idea to help them understand that all credit cards are not equal. Here are some options for the student to consider before they choose just any credit card.Continue Reading

Five Essential Skills for Living Cheaply On Your Own (And Then Some)

Living alone for the first time? Great! It can be challenging, however, especially with finances. Here are five essential skills for living cheaply on your own:Continue Reading

Elder Advice: 5 Finance Lessons from Grandpa that Still Make Sense

Society’s relationship with money has evolved over the decades and resulted in trillions of dollars of debt globally. Although the national debt continues to grow, more people are learning to gain a new perspective on their money and acquire old fashioned habits that were practiced by their elders.Continue Reading

Common Personal Finance Mistakes and How to Avoid Them

Recently, the United States has seen a sharp rise in consumer spending, housing prices, and household debt, only to see it all collapse in 2008 with the Great Recession. In the wake of the financial and housing melt down many Americans are living in houses that are underwater with mounds of credits card debt. While few Americans were able to foresee the damage that was going to ensue from the financial collapse, there were widespread personal finance mistakes made by many Americans that could have been avoided.Continue Reading

Frenzied Finances Begins

I am a little obsessive. Over the past few years, I have learned more about personal finances than the average Joe. Many of my friends question my sanity and if I am honest, my wife probably does too. While people may think you are weird, there is nothing wrong with becoming obsessed with your money. In fact, it helps ten-fold. Not only are you that much more informed, but you are able to help others make better decisions.Continue Reading