Tag Archives: getting out of debt
- Matching Financial Tactics to Your Goals. Don’t Think Like a Race Car Driver.
The other Saturday I went to the drag strip with some friends of mine. It’s an annual event for us. We’re a bunch of car enthusiasts who get to spend a day with some truly amazing equipment. For those of you who are not familiar with drag races, here’s a brief explanation. Each race is [...]
- I Really Want to Avoid Bankruptcy At All Costs. – Sean
“Dear Steve, I have unsecured credit card debt for around $25,000. I am 27 and make around $55,000, but will be getting a $10,000 raise in the next. My financial situation at work will be improving further from there, I am just not sure if it will be 6 months or a year. I currently [...]
- How can I get out of my Canadian consumer debt? – Graham
I am almost 25 years old and with my childish behavior behind me I have a financial mess to clean up. My goals are to start a family while being debt free. I am Canadian (Not sure if that matters) I read your e-book and through the endless links between the lines I decided to [...]
- How Can We Pay Off Our Debt in Three Years? – Joey
“Dear Damon, My wife had a full time job, then stopped working for a few years when we had children, then went back to work part time for about 8 years. This was a big decrease in income and, regrettably, a lot of times we charged to compensate in doing or buying things needed during [...]
- Carrying Credit Card Debt for 13 Years And It’s Grown. What Now? – Laura
“Dear Steve, I’ve been carrying credit card debt since grad school in 1988 – it went from 15,000 to 40,000+ plus in 29 years. I’m gainfully employed, but am 55, living on one income and supporting 2 people. My 81 yo mother lives with me and does not receive enough from Soc. Security to cover [...]
- Getting Out of Debt Quickly. Is There a Way? – Connie
“Dear Steve, I have over 10,000 in debt. Most is a credit card and loans. I have debt collectors calling me all the time but I don’t answer. I would like to pay off my debts but recently I quit my job and have to way to pay. I need help and would like to [...]
- Couple Gets Out of $88K in Debt in Three Years. Exception or Rule?
CNN broadcast the story below on how one couple managed to dig themselves out of debt in about three years. It is a good news story for those people that can afford the minimum payment on their debt plus pile on extra funds. In this case the couple used a credit counseling service to help [...]
- Are You Really Ready to Get Out of Debt? Can You Handle the Truth?
The Question Isn’t if I Can Get You Out of Debt. That’s Easy. I Can. The Real Question is…Are You Really Ready? People come to me all the time in an effort to get out of debt. I believe they desire to eliminate their debt and they can visualize a world without their painful debt [...]
- How to Get Out of Debt. The Honest and Unvarnished Truth.
As a student of the history of debt, having lived through debt problems myself, and having founded and run a credit counseling organization I have a very unique view from inside and outside the debt world. If there were mistakes and beliefs to be had, I’ve had them. If there perceptions about debt, they’ve floated [...]
- Thu Wrote Me And Said “I’m Really Struggling, My Husband is Disabled, How Can I Get Out Of Debt?”
“Dear Steve, I’m married, my husband is disabled. I have 3 growing children and a 6 year old disabled child. My payroll checks go straight to bills. I use the credit card for foods and miscellaneous household items. I’m really struggling. I go to work in deep depression and stressful almost everyday. How do I [...]
- ChevGirl Writes In And Says “My Marriage is Suffering Because of Our Debt”
ChevGirl “Dear Steve, Well I am not thinking about death or anything, I am a Christian. I am just having a very difficult time with our finances. The stress is becoming unbearable. My marriage is suffering because of it. Me and my husband work in agriculture, we do not make much and we are $55,000 [...]
- How You Can Get Out of Debt Fast Without Filing Bankruptcy
So there’s this guy, Scott, who has developed an ultimate guide to getting out of debt. Sure, I’m as skeptical as the next guy but after looking over the information I was left with a problem, it looked pretty good. His information page actually contains a bunch of information that you don’t normally see which [...]
- How to Get Out of Debt – Part 1
What People Usually Say About Getting Out of Debt All day, every day, I read and hear the same pleas and wishes from people that want to get out of debt. See if any of these sound familiar to you. “I need fast help in gettin out of debt for free.” “I don’t know how [...]
- Which Debt Should I Pay Off First, Credit Card or Personal Loan? – Sean
Sean “Dear Steve, I’m a 20 year old college student around $2000 in debt, with two credit cards and one personal loan. What should I pay off first? The credit card with the highest balance or the one with the higher interest rate, or the loan. What effects my credit score the most? Sean” The [...]
- Bank of America Offers “Clean Sweep” Debt Consolidation Loan Up to $50,000. Let’s Look at The Facts And See Who Is Really Cleaning Up.
In this time of great economic worry and stress, Bank of America is sending out an offer they call their Clean Sweep® – Bank of America® Debt Consolidation Plan. I thought it would be beneficial to take a close look at this offer and use it to help educate readers about what to look for [...]