Debt Cures

Agent 40 asked: I view the informmercial on tv for $29.95 plus a few freebies. I am asking about the book, not a credit financial service. Read Full Story

Ben wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form . I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty . If you would like to help me to help others, there are easy and free things you can do, click here to learn how you can help . “Dear Steve, I read the book called Debt Cures by Kevin Treadeau. It was awesome and it has a lot of tips and help ... Read Full Story

Even if you don’t particularly care about college tuition costs, you have probably heard the news that prices have been skyrocketing over the last few years. Now with it being more difficult to get a student loan, it seems that more and more people are facing a challenge paying for college. In the video below Dave Ramsey reiterates his position against using student loans as a means to pay for college and offers a few tips when saving money for college. But college is an investment - right? The thinking that I have always heard is that college is an investment, therefore you can ... Read Full Story

Debt Snowball: Dave Ramsey’s method for getting out of debt Creating a debt snowball is Dave Ramsey’s preferred method of getting out of debt. The strength of using this method is that it focuses on the behavioral side of finance rather than the mathematical. Since we are not robots that always do exactly what we know we should, I recommend this method for most people. These are the simple steps to snowball your debt… Create a list of all of your debts: credit cards, car loans, student loans, mortgages, etc… Next to each one write down the total balance owed. Re-order these from smallest ... Read Full Story

I was just pondering on how anything worth getting requires a fight. I am saddened when I hear people concede to a debt-ridden life. Freedom is attainable, but they aren’t willing to pay the price for it because they are comfortable. Spending money is comfortable. Not spending it when you want to can be very painful, but it gets easier. Getting out of debt and being a good steward of your finances is not easy - but it is worth it. Remember, if it is worth having, it is worth fighting for. _______________________ Here is a little bit of what I have been reading ... Read Full Story