Don’t Let Your Pet Put you in Debt Lots of little kids want a pony. Or a puppy. A teenager I know wants a pet turtle (and ended up with a cat). I had a dog growing up, and after I got my first apartment, I had pet rats. Everyone likes to have some kind of pet. But, did you know that one of the top reasons for people to have problems with debt is because of their pets? I didn’t either. Why do people go in debt because of an animal? Here...

Ever been in debt? If you have, and you’ve tried to get by by means of only paying the minimum payment, you may notice that it takes awhile. Why? A big part of this is how high your interest rate is. Most standard credit cards have an interest rate of at least 15%, so on a $1,000 debt, half or more of your minimum payment could be interest. Did you know that there are ways to negotiate a lower interest rate on your credit cards? Honestly,...

I was in debt for a long time. It was absolutely miserable. It wasn’t a lot based on today’s standards; for a college kid though, the $3,000 I was suffering with was truly a burden. Before I paid it off I considered debt consolidation. Why would I consider such a thing? Today, we’re going to explore this concept a little bit more. Why would I consider debt consolidation at all? Students consolidate their student loans after they...

Debt issues run rampant in the United States. This is one of the main reasons that the US went into a bit of an economic mess throughout the beginning of the 21st century. Credit was incredibly easy to get, and because of that, people got a lot of it. As the stock market started to struggle, people were unable to pay their debts off, banks started to have issues because more and more people were not paying their loans off, and then the...

Every day, especially if you read a lot of websites about finances, you are probably bombarded with phone calls, emails, and other forms of communication about debt elimination. It sounds appealing at first: Pay about 15 to 20 percent of your debt off, and then the rest goes away and creditors leave you alone. But, let me assure you, this doesn’t work. With the economy we are currently in, a lot of these companies are trying to appeal to...

Sometimes we all make unwise financial decisions or take on more credit than we can handle. Sometimes we acquire bad credit from unfortunate circumstances like going through a divorce, loss of a spouse,  or experience  medical issues that results in the inability to work or excessive medical bills. Regardless how you get into debt, I think we can all agree that its much easier to get into debt than to get out of it. If you have bad...