Debt Archive

  • What Should you Study in School / Should you Go back for More Education?

    Tweet The simplest answer is calculate your return on investment. Education is an investment in yourself It’s “good” debt right? So treat it as such. Note: I don’t believe any debt is good debt any longer, including buying a home, car or even higher education. […]

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  • If the lesson was expensive, don’t pay for it again

    Tweet Ever hear the one about that couple who got into consumer debt, consolidated it onto their mortgage, and then racked up their credit cards again? Me too. Here’s what I say: If the lesson was expensive, don’t pay for it again.

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  • Not planning for retirement is like cramming for an exam

    Tweet Remember the good ol’ days in college where you’d stay up to pull an all-nighter, drink 15 cups of coffee* and type in a frenzied haze of caffeine? Then after you stalk a Kinko’s (printing shop) that opens at 7 a.m. to print your […]

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  • Paying down a debt? Think of the interest rates as returns.

    Tweet I know it sounds stupid, but it might help to think of the interest rates on your debt as returns on your money. Let’s say you have 2 credit cards: One card with a $5,000 balance at 9% interest The other with a $10,000 […]

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  • 10 Money Tips For a Better Relationship with it

    Tweet It may not seem like it sometimes, but I’m fairly relaxed about money. Yes I know, I am not in debt any longer and I’ve saved a fair amount in the past 2 years, but this kind of zen, stress-free attitude towards money stems […]

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