Editors note: this article is mostly for our audience in the United States, but it has some special relevance for our Canadian audience. These days, it’s not uncommon for many of us to use a personal loan. After all, not only does it allow us to … [Read more...] about Financial Management 101 – 4 Tips to Better Manage Your Personal Loans
According to the financial experts, I just made a huge mistake. In fact, if you ask them, I most likely ruined my ability to ever retire. I recently took out a loan from my 401k to do some debt consolidation, and contrary to what the so called … [Read more...] about 5 Reasons A 401K Loan Is A Good Idea For Debt Consolidation
I was contacted by Rudy from CreditMe.com to review to perform a review on his site. I have been shying away from doing paid reviews as I really haven't gotten any requests worthy of my time or your eyes lately. This time, when I clicked through … [Read more...] about Credit Me, Please!
Back in June, I asked "what's our next early payoff challenge". We have credit card, auto and student loan debt, plus our mortgage (but that doesn't count right now). I was really leaning towards paying off our credit card debt next, even though it's … [Read more...] about Classifying your debt: The Good, the Bad and the Ugly
...you can accomplish anything. That's what I realized today while discussing our debt with a friend. You see, I know how much debt we started with ($112,890), and I know how much we have remaining ($54,737), but I never thought about how we got down … [Read more...] about When you put your mind to it…
It's been only 3 months since posting our intent to pay off our Chevy Malibu loan of $15,000 in 8 months, but we've made tremendous progress in paying off the loan. Today, I sent off another $2,000 towards the Bank of America credit card, and the … [Read more...] about In the home stretch – The Malibu is almost paid off!