Debt

What’s the Difference Between Good and Bad Debt?

By: Bob Sullivan | Grow Debt has a bad name—and for good reason. It can be a major barrier to wealth, siphoning resources and energy you...

Debt

Debt

The Fastest (and Cheapest) Way to Pay Off Credit Card Debt

By: Stacy Rapacon | Grow By now, you’ve heard it a million times: Credit card debt is a huge drain on your finances. But indulge us while we explain just how dangerous it really can be. Let’s say you, like the average American household with credit card debt, carry a $15,500 balance on your...

Debt

Debt: Get Mad At It. Get Rid Of It

By: Misty | SimpleOrganizedLifestyle.com When we started our journey to debt freedom several years ago, it first required figuring out exactly how much we owed and to who.  That sounds so basic now, but we had gotten in the habit of making regular payments without knowing the details of each debt....

Debt

This Is Why It’s So Hard for So Many of Us to Pay Off Debt

By: Bob Sullivan | Grow Getting to debt-free is an important part of taking control of your money. Not only is debt a huge barrier to building wealth, but it can be a psychological burden, as well. Yet, at the same time, advice to “just pay off your debt” can feel cruel to people struggling...

Debt

Why We Don’t Follow Dave Ramsey’s Baby Steps

By: Pennies To Wealth When we started our journey towards financial freedom in 2015, Dave Ramsey was one of the first people we ‘met’ that helped us get our act together. It’s 2018 now, and to date, we’ve paid off more than $117,000 worth of debt! Full disclosure, we did...

Debt

The One Simple Reason to Kill Debt Before Investing

It’s an age-old question: should you pay off debt or save/invest first? At the end of last week, I read an interesting guest post about student loans and asset allocation written by The Physician Philosopher (“TPP”) for Physician on Fire‘s (“PoF”) blog. In it, TPP talked about the...