Tag Archives: Paying off debt

When Should You Get A Secured Credit Card?

Paying off debt impacts you in many ways – both positive and negative emotions arise during your debt payoff journey. I remember when I was paying off debt I felt both shame and pride, frustration and gratitude, and a host of other emotions, including a lack of freedom. Those all tied back to seeing who was responsible for the situation….

What to Do When Bankruptcy Isn’t the Answer

I remember it like it was yesterday. I was facing over $45,000 in debt. My credit cards were maxed out and I had nowhere to turn. Bankruptcy, or so I thought, was the only real way out. It provided, on one level, a clean slate. I would no longer be shackled to debt and could live freely. It was the…

How to Kill Your Debt Next Year

It’s hard to believe it, but this year will soon come to a close. This is a perfect time to look over the past year and begin to think about the next. When I was in the middle of paying off debt, every year around this time I would start wondering if the next year would be the one in…

Pay off Debt Quicker By Cutting These 4 Bills

Paying off debt can easily feel like it takes an eternity to kill. It took nearly six years to pay off my debt and it seemed like I’d never become debt-free. Thankfully, that wasn’t the case. While I eventually paid it off, it required creativity. I looked for ways to make extra money as well as ways to save money….

3 Celebrity Debt Scandals and What We Can Learn From Them

If you’ve followed the news over the past few weeks, we’ve seen yet another celebrity debt scandal – in the rapper known as 50 Cent. Celebrity debt scandals aren’t that unique as we’ve seen them for years. Whether it’s a celebrity that just can’t break the cycle of debt or a business that’s gone belly up, they always seem to…

How to Kill Debt Fatigue Once and For All

Paying off debt, in most cases, is a burden. It has been compared to having a shackle around your ankles or extra weight on your shoulders. Regardless of the analogy, debt can cause one thing – exhaustion. Exhaustion from sacrificing to make payments. Exhaustion from not being able to do other things you want. Exhaustion from feeling like there’s no…

9 Simple Ways to Get More Money to Pay Off Debt Today

Debt is all around us. The average credit card debt, for those with debt, is just shy of $16,000, as of June 2015. The average student loan debt for the graduating class of 2013 was nearly $30,000. That doesn’t even begin to touch on other forms of consumer debt like car payments. Regardless of the source of non-mortgage debt, it…

How to Pay off Debt With A Low Income

Paying off debt can be a challenge like no other. This is especially the case when it’s high-interest rate consumer debt. Depending on your specific circumstance, there are going to be other factors that impact the ability to kill the debt once and for all. One challenge that will likely impact your ability more is having a low income. There…

3 Ways to Finally Bust Out of the Debt Cycle

Paying off debt, for many, can seem like a never-ending cycle. You make some progress only to fall back into debt again when new a crises occur. Whether you succumb to the urge to spend or have an emergency arise, it always seems to be one step forward and three steps back when it comes to getting out of debt….