Making ends meet may mean trying some crazy ideas to put your finances back on track “Show me an income and I’ll show you how to live above it.” That was what one of my high school teachers use to say. He wasn’t wrong. From the most meager incomes all the way up to the millionaire movie stars, it isn’t always easy to make ends meet. Think you could make due on $150 million? Tell that to … [Read more...]
How to Control Debt when You Don’t Make Enough Money
Take control of debt by with these tips on prioritizing payments, building an emergency fund and avoiding the biggest traps Consumer debt is out of control in America. The Federal Reserve reports that households owe nearly $4.0 trillion, that’s $500 billion more than just before the housing bubble burst when debt burdens pushed the country into the deepest recession in nearly a … [Read more...]
How to Tell Good Debt versus Bad Debt
Debt isn’t necessarily good or bad. The difference between good debt and bad debt is how you use it. I’m a bit of an outsider when it comes to financial bloggers. Read other blogs and you’ll come across dozens of articles on how to pay off all your debt and live debt free forever. You’ll hear how debt, not money, is the root of all evil and why you should avoid it at all costs. Don’t believe … [Read more...]