Most people don’t want to think about their debt. But simply ignoring your credit obligations won’t make them go away. Letting debt get out of control often leads to dire situations. People in this predicament tend to make decisions out of desperation, which can hurt them down the line. Be aware of this phenomenon if…
With the cost of higher education worthwhile at an all-time high, the student debt has increased exponentially over the past decade. While the U.S currently has a student loan debt of a staggering $1.52 trillion, U.K. isn’t far behind with £16 billion. This isn’t just a burden on national resources, but also on students individually,…
https://pixabay.com/en/money-in-debt-debt-without-money-1248598/ If you have gotten yourself into debt, you may feel like you cannot see the light at the end of the tunnel. You may have read about the different ways you can make some extra cash, for example, by taking surveys or renting out your driveway. While these present you with ways to make…
So many people end up in debt and it’s incredibly hard to come back from. Sometimes, people end up in debt because of reckless spending but more often than not, it’s because of unexpected life events that they struggle to deal with and their finances get on top of them. Staying out of debt is…
If you are in debt at the moment then you will know how frustrating this can be. You may feel as though, at times, there is nothing that you can do to try and get out of the spiral that you are in and this can make you feel completely helpless. If you want to…
Have you finally decided to face your crippling debt once and for all? Like all life problems, the first step is acknowledging the issue and being committed to solve it. But with a problem as rigid as big debt, acknowledgement and commitment only get you started. If you’re really determined to shed a stressful financial…
Image source There is only one thing worse than falling into a nightmare where a swarm of spider-sharks chase you through a clown-infested alley and that’s waking up to a reality of debt, debt, and more debt. It’s suffocating. It’s painful. It’s about as bleak as any outlook or future can ever be. Yet, it…
PixaBay.com There’s no doubt about it: personal debt is on the rise in the USA, which is somewhat mystifying. One might have hoped that the popping of the last credit bubble would have lead to a change of habits, a lack of acceptance amongst the populace in regards to debt, and a countrywide approach to…
Sometimes life throws you a bunch of curveballs at once and you may find yourself looking into cheap loans to get you through to the next paycheck. Here are some things you can try to do first. Pawn Something It can be hard to part with items we love, but the benefit to pawning an…
Debt is one of the biggest causes of stress and misery you can come across. It hangs on you like a bad stink and getting rid of it can feel like an impossible challenge. It usually takes years to clear even the smallest of loans. Some, like credit cards and student loans, charge compound interest.…
https://www.pexels.com/photo/adult-alone-black-and-white-dark-551588/ If you’re currently drowning in debt, you may feel completely alone. It’s something that many of us tend to suffer with on our own. Not only do we not want to burden our loved ones with the worry, but we’re also ashamed that we managed to get that far into debt. However, it’s going…
I started this blog because of grad school debt and it’s taught me a lot since then. Those first few lessons were pretty tough though because there’s really nothing good about being in debt other than teaching you that you never want to be in debt again. If you’re still trying to figure out how to…
Just the other day I was talking about how amazing it is to be on top of your finances, but the path to that success is definitely a bumpy one at times. I remember a really bad week a few years ago. I was still paying off my student loans, so a lot of my…
When it comes to debt, it seems that men and women typically are on equal footing. It is estimated that almost the same amount of women and men are filing for insolvency. The reasons, however, appear to be quite different. Men’s insolvency issues seem to be directly related to unemployment and business failures. Women, on…
Filing a lawsuit can be an expensive and time consuming process. You need to find a good lawsuit lawyer, wait until your case comes up in court and continue waiting until it is settled, so that you can receive a justified settlement. Unfortunately, there are many people who do not have the luxury of wealth…
Refinancing is a term that has always made me leery. I’m not sure why, but to me it has a snake oil peddler/smarmy car salesman sound to it. Maybe it’s the ridiculous booming voice on so many of the commercials I’ve heard. But one thing I’ve learned as a personal finance blogger – a lot…
Whether you are having a tough few months or you have been struggling to gain traction with your bills for a long time, any help you can get is a welcome relief. If you have scrimped and saved and still struggle to pay your bills every month, you know how frustrating it can be to…
Financing is a complicated subject. Refinancing, even more so. But if you have a few questions about refinancing, this will hopefully point you in the right direction. If you are new to the world of refinancing, here are a few things you are probably going to want to know: What Is Refinancing, and What’s the…
So I really like reading Mr. Money Mustache’s blog even though sometimes I think he’s insane. That being said, I’ve even met him and his wife at FinCon and they seem extremely content with their super frugal lives. They maximize a lot of healthy life choices, which save them a ton of money, and don’t…
After about two weeks of running, I started to learn the secret lesson that was the strongest tie to personal finance. It’s all in your mind. I’m not saying that there are times when my body is actually just done – my lungs can’t handle another second or my legs are too much like lead…
Being in debt is just the worst feeling. Even when you’re in denial and still racking up the balances on your loans and credit cards, there’s that sinking feeling in the pit of your stomach as the bills arrive. When you come to your senses and start tackling that debt, it can seem just too…
Hey there brokeGIRLrich readers, check out this guest post from my pal Sushil from Inspiration Fund – he knows a lot more about the stress the real estate bubble caused then I do and if any of you are still trying to claw your way back out of the ruins, he’s got some empathy and…
Earlier this spring, I binge watched the heck out of House of Cards. I’ve been a long time Kevin Spacey fan and find him completely enthralling as Frank Underwood. Although he’s gone a little off the deep end in Season 3 and I’m hoping they reel him back in during Season 4. That being said,…
Destroying debt is something that is constant. It’s not a one-and-done type of problem. If you’ve tackled paying off your debt, that is a huge milestone and you should be proud of your hard work. However, experience has shown us just how quickly we can slide back down the slippery debt slope. Good habits are…
I’ve spent months expressing my unhappiness with my current job and the time has come to do something about it. I pretty much blitzkrieged the entertainment world with resumes over the last week and I learned a pretty exciting fact – I’ve finally seem to have enough experience that people actually read them. My boss…