Information, tips and suggestions for eliminating debt

A Debt Settlement Example

I’m often asked how debt settlement works and whether or not it’s a good way to get out of debt. The answer to the first question is yes. Debt settlement does in fact work. The answer to the second question is that it depends on your financial circumstances. If you’re current on your debts and … Continue reading

Debt Phobia – Really?

I subscribe to a particular mailing list some writers use to obtain comments (expert or otherwise) for their work. While the terms of service prevent me from posting an inquiry that came to my inbox this week, nothing prevents me from commenting on it; Freedom of Speech and all. The inquiry was related to “debt … Continue reading

Credit Trap

Every now and then I go looking for statistics on debt. I’ve seen a number of articles stating that consumer debt actually went down in the last quarter of 2010. So I went looking for statistics and charts. What I found confirmed the reports about the last quarter but also showed a pretty grim picture … Continue reading Article

This article on, 8 Creative Ways to Stay Debt-Free gives some good tips about staying on course financially after you’ve paid off your debt. One of the tips comes from yours truly.

Balance is Important

This post is a follow up to last month’s post, The Truly Important Things in Life. A comment I received on that post plus Jeff’s post Still Sustainable? on Sustainable Life Blog a few days ago and recent posts by Beks about her dad on her blog, Blogging Away Debt got me thinking about balance … Continue reading


Organization and good financial health go together. The opposite is also true, disorganization and poor financial health go together as well. It takes a bit of organization and paperwork to get and keep your finances in good shape. I’ve been there. “No time to do a budget.” Don’t want to bother with a check register … Continue reading

Unsecured Bad Credit Loans – Beware of Rip-off Artists

If you have bad credit and no collateral and you’re looking for a loan, you’re kind of walking through a mine field. Unsecured bad credit loans are advertised by both legitimate lenders and rip-off artists. The best way to keep from getting ripped off on such a loan is don’t apply for one. An Internet … Continue reading

Mainstream Slavery in the Twenty-First Century

Slavery. Most of the time when I think of that subject I think of horrors of a past age of humanity that we, as a race, have outgrown. Then I happen across a TV news clip or article about human trafficking I realize the entire race hasn’t outgrown it, but I think of it as … Continue reading

Student Loan Consolidation Loan Might or Might Not Actually Help

About two thirds of all college graduates have student loan debt. Over half of the students who don’t complete their degrees have student loan debt. The average college graduate has over $20,000 in total student loan debt at the time they graduate. Usually these loans are a mish-mash of federal and private loans each with … Continue reading

Debt to Income Ratio

Your debt to income ratio determines how much you can pay for a home. To obtain your debt to income ratio, you will first need to figure your gross monthly income. Your gross monthly income is the income you earn per month before taxes or any other deductions from your paycheck. If you are on … Continue reading