Help Available for Seniors and Disabled Persons With Old Debt They Cannot Afford to Pay

It has been hard to find resources to assist senior citizens who are struggling with debt. Not only are they scared and confused about what to do, they just don’t have the money to pay for the right help. Well along come this non-profit law firm to assist seniors and I’ve heard a lot of … Read more

Debt and Introspection Are More Related Than You Think

It seems more problems remain constant. Here is something I wrote in 2002 that I never published. The points presented hold the test of time. – Steve Why are people victims? Why are some people always the brunt of pranks, jokes, gaffes and catastrophes and others are not? Over the years of helping people with … Read more

If Someone Tells You to Pay Off Largest Debts First With Debt Snowball, Get a Second Opinion

I love it when smart college professors do research that helps to break incorrect assumptions. And that’s what Alexander Brown and Joanna Lacey did in their paper “Small Victories: Creating Intrinsic Motivation in Task Completion and Debt Repayment.” Since 1994 I’ve been going on-and-on about the prevailing logic of the debt snowball or payment reduction … Read more

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 unique view from inside and outside the debt world. If there were mistakes and beliefs to be had, I’ve had them. If there are perceptions about debt, they’ve floated … Read more

Why People Have a Tough Time Shopping for Debt Help

The Federal Reserve Bank of Philadelphia published a paper by Stephanie Wilshusen which made some very enlightened observations about why consumers struggle with getting out of debt. In the paper, “Meeting the Demand for Debt Relief” it describes the options available to borrowers who seek assistance in managing their debts and discusses the information and … Read more

The Get Out of Debt Guy 8 Easy Steps to Eliminate Your Debt Checklist

So you want to get out of debt. Congratulations. To make your journey easier and to help you on your way, here is an easy to follow checklist to guide you on your journey. Getting out of debt can be broken down into some very simple steps to make the process easy, obvious, and help … Read more

The Saddest Avoidable Mistake People Make When Getting Out of Debt

It is painful for me to watch people make the same ignorant and stupid mistake time and time again when getting out of debt. And what is the number on mistake that screws up their financial future in an effort to repair their financial past? Keep reading to find out. People make all sorts of … Read more

How to Pay Off a Shitload of Credit Card Debt

How to Pay Off A Mountain of Credit Card Debt (via

Credit card debt is a big problem in America today. One recent study found that 1 in 4 people have more credit card debt than savings. Households with credit card debt on average have about $15,000 in debt, and that makes it incredibly hard to make ends meet — let alone pursue dreams for the future…

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The Universal Secret to Dealing With Debt

For years I’ve asked people in debt this simple question, “Do you have a greater responsibility to fix the past or fix your future?” It appears Socrates beat me to the punch and asked the same question of people millennia ago. It seems this question of logical responsibility is one we’ve been asking since nearly … Read more