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Personal Debt

4 Ways to Get Your Debt Snowball Rolling

Rob Berger | Posted 06.08.2014 | Money
Rob Berger

Having a plan to pay off debt is one thing. Setting that plan into motion is a whole different ballgame. Arguably the best approach to getting out of debt is called the debt snowball.

The Debt Tax: What Owing Money Costs You

Adam Levin | Posted 05.27.2014 | Money
Adam Levin

When it comes to debt, there really are no free lunches. Indeed, it is always harder to get out of than it is to get into. The best thing you can do is to change your own thinking when it comes to money. When you are in debt, even the price tag has a price tag.

I Make 6 Figures, But I'm in Financial Trouble

LearnVest | Posted 02.17.2014 | Women
LearnVest

For a few months I hadn't been able to pay the minimum balance on the card I had, and I was still at a steady pace of charging around $1,000 a month. When I saw the amount of debt I had on my card, I freaked.

4 Simple Things To Do Every Year To Save Money

Adam Levin | Posted 01.23.2014 | Business
Adam Levin

It requires little more than a few hours each quarter for you to begin to get your finances on track and your head in the game. Once you get the hang of it, you can start to add in other pieces, like planning for your children's education as well as your retirement.

3 Lessons I Learned After Being Debt-Free for One Year

Carrie Smith | Posted 09.14.2013 | Business
Carrie Smith

Being in debt is a normalcy in this society, so getting -- and staying -- out of debt is a crazy new thing altogether. You're definitely going against the grain on this path.

5 Ways to Get Out of Debt While Growing Your Savings Account

Jayson DeMers | Posted 10.30.2013 | Small Business
Jayson DeMers

Too much of anything isn't good. This includes putting all the eggs into one basket by paying off debt at the expense of savings or vice versa. Instead, tackle financial management from all angles.

What Would Make You Feel Financially Secure?

Women & Co | Posted 03.25.2013 | Women
Women & Co

Whether it's a good paycheck, cash from investments or even the lottery, the women in Citi's LinkedIn group want to know that they have the cash flow to do better than simply cover their bills every month.

5 Tips for Financial Fitness in 2013

Ellen Rohr | Posted 03.09.2013 | Small Business
Ellen Rohr

Forget about the national debt for a minute. Let's take a look in the mirror.

3 Reasons Why You Won't Get Out of Debt in 2013

Jeff Rose | Posted 03.04.2013 | Business
Jeff Rose

It's extremely difficult to change the behaviors that got you into debt. Here are three of the psychological reasons why getting out of debt is so difficult -- and what you can do to combat your wiring.

The People's Bailout

David Rees | Posted 01.15.2013 | Money
David Rees

We're in debt, as individuals, because of a lack of services. If Washington lacks the political will to address these issues and kick a little ass, we'll do it ourselves. Our message to Americans is simple: You are not a loan. And you are not alone.

This Man Is In More Debt Than Anyone In The World

The Huffington Post | Ryan Grenoble | Posted 11.05.2012 | Money

In a hyper-competitive world where everyone strives to be the biggest, boldest and most famous, no one covets Jerome Kerviel record-breaking achieveme...

How to Get Debt Help Without Getting Screwed

Steve Rhode | Posted 05.24.2013 | Business
Steve Rhode

This isn't a blender you are thinking of buying here -- this is a service that can have a profoundly negative impact to your life and financial health if you make the wrong choice or select the wrong provider.

Financial Literacy Lessons Benefit Students and State

June St. Clair Atkinson | Posted 12.16.2012 | Education
June St. Clair Atkinson

The earlier students learn about debt, savings, and credit, the less likely they are to struggle with debt in the future and the more likely they will become active and productive participants in the state's economy.

Reno: The Biggest Little Debt-Ridden City in America

Credit.com | Posted 12.01.2012 | Money
Credit.com

The Biggest Little City in the World is also the most in-debt city in America. Reno, Nev., holds the distinct of having the highest average debt load per person, with the average resident holding $27,320 in non-mortgage debt.

A Positive Sign For American Households

Posted 11.17.2012 | Politics

One reason for our sluggish recovery from the recession is what Americans are doing with their money: paying off old debt. Total American household de...

"What is Ohio's Middle Class?"

Rana B. Khoury | Posted 10.15.2012 | Politics
Rana B. Khoury

He gave up cable TV and sold his car. He has since found work in telemarketing but he has no plans to pay for cable or a car again. That's because Billy has given up on the idea of job security: "There's just no such thing." No cable, no car, no job security, and yet Billy is confidently middle class.

Attack of the Debt Monkey (INFOGRAPHIC)

Richard Barrington | Posted 09.04.2012 | Money
Richard Barrington

This is not just a government issue; the average American has also taken on an unmanageable level of debt. This addiction to debt contributed to the recession and financial crisis a few years ago, and the fundamental problem has yet to be addressed by the government or most individuals.

ING Retirement Coach on Your Financial Independence

Jacob Gold | Posted 08.28.2012 | Money
Jacob Gold

As I work with my clients, I often consider what financial independence means for them, especially in terms of making their dream of retirement a reality. This month, I thought I would share my thoughts on the key elements of financial freedom.

Will Ignoring My Money Situation Change It?

Karen Luniw | Posted 08.15.2012 | Money
Karen Luniw

Basic attraction principles states that 'like energy attracts like energy'. You've all heard -- 'what you focus on grows.'

Inequality's Rising, But It's Not The Kind You Think

The Huffington Post | Alexander Eichler | Posted 05.02.2012 | Business

There's a gap between America's richest citizens and everybody else. And that gap has been growing larger for years. No, it's not income inequality...

Student Loans Could Be America's Next 'Debt Bomb,' Report Finds

The Huffington Post | Jillian Berman | Posted 02.08.2012 | Business

Growing numbers of Americans are finding themselves bankrupt, with their college diplomas partially to blame. Slightly more than 80 percent of ban...

What To Do When You're In Debt

Posted 01.25.2012 | Women

Kevin Yu | The Daily Muse If you've recently found yourself buried in debt, you're probably hoping to shut your eyes and make it all disappear. And...

Americans Grossly Underestimate Their Own Credit Card Debt

The Huffington Post | Alexander Eichler | Posted 12.21.2011 | Business

Americans grew wary of credit-card debt during the recession, a time when no one was eager to try to live beyond their means. But in the past two year...

Legalized Loan Sharks

Don McNay | Posted 09.28.2011 | Business
Don McNay

"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.

How To Reduce Credit Card Interest to Zero Percent With No Effect on Your Credit Rating

Nicholas Carroll | Posted 09.27.2011 | Business
Nicholas Carroll

Several of the big banks will now take the initiative after you miss two payments in a row, and offer either a short payoff deal or severely reduced interest rate. You don't have to call them; they send the offer to you.