Posts tagged as:

Debt

Dumping Debt Dave Ramsey Style – FPU Review #4

03.15.2010 by Linda 9 comments

We can take one of two approaches with debt. We can give in and just let it attack us, or we can run for our life and beat it. I was getting so inspired! Bob and I came home and I realized there were things in my current financial situation that I was giving in to. But last night, I made the decision that I’m going to run for my life!

Read the full article →

Want Out of Debt? Here’s What it Takes!

03.15.2010 by John Frainee 9 comments

Many books have been written about how to get out of debt. Advice is plentiful, but sometimes we need more than advice to motivate us to succeed. There are those who would like to be out of debt, and then there are those who are willing to DO SOMETHING DRASTIC to get out of debt.

Read the full article →

Information About The New Credit Card Laws | Roundup

02.24.2010 by Bob 6 comments

So in case you haven’t heard about it in the news, as of February 22 (Monday) the new credit card laws (the CARD act) went into effect. The idea behind it was to protect consumers, which I guess it will in some cases, but the credit card industry is a pretty big one that will find a way to do what they want to do. These are just some of what is/will be happening…

Read the full article →

How Much Can You Afford To Pay For A House?

02.14.2010 by Craig 15 comments

…Instead we could ask, how little house do I need to meet our family needs, provide a healthy home setting, and be free from financial restraint? Chances are, you would be better off answering that question than the first question – how much. But, since it is the standard question, let’s address the question …

Read the full article →

Two Common Debt Situations and How to Overcome Them

02.12.2010 by Jason Price 11 comments

Debt is an interesting thing in that it doesn’t always find its way into your financial situation through the overuse and abuse of credit cards. While that is a common occurrence, debt has a way to sneak into peoples’ lives sometimes in more subtle ways.
Many people tend to look for quick and easy solutions to get [...]

Read the full article →

Resources and ways to cut your debt load

01.15.2010 by Bob 6 comments

The series/eBook basically takes you through all the things that my wife (Linda) and I have done to pay down our debts. When we got married we had about $40,000 of debt. Even though that was a sizeable amount of debt, we had a very strong desire to get rid of it. This intense desire drove us to make sacrifices that seemed pretty uncommon when we looked at those around us. But, as Dave Ramsey often says, “You have to live like no one else (now), so that you can live like no one else (in the future)”…

Read the full article →

Becoming debt-free with Dave Ramsey’s plan

12.26.2009 by Guest 9 comments

Recently, I had a conversation at work with a co-worker of mine about getting out of debt. He introduced me to Dave Ramsey. I never heard somebody who made so much sense before when it came to personal finance. I have to say that listening to the audio book “The Total Money Makeover” has literally changed my life. The first time I listened to it, I was just sitting there kicking myself as he was calling out all the stupid financial blunders I’d committed like everyone else out there without even thinking about it…

Read the full article →

New credit card legislation coming soon – interest rates rise, limits go down

12.22.2009 by Bob 6 comments

But we all know that racking up Christmas debt is really easy to do. But this year because of the new credit card legislation (starting February 2010) it is particularly a bad idea. Bob Brooks has a couple reasons why it is extra important this year to avoid credit card debt it if at all possible. According to Brooks, consumers who carry their credit card debt over to February of 2010 will be in for a big surprise because of…

Read the full article →

The bondage of debt

12.19.2009 by Guest 4 comments

Debt is ruining the lives of many individuals today. As a whole, our society has bought into an idea that borrowing from the future to live today is a sound financial strategy. Unfortunately, the bills are coming due and for many, these bills are unable to be paid. The problem with debt is that it puts someone into bondage. I don’t believe that this type of bondage and this type of lifestyle is what God desires for us.

Read the full article →

Collateral Damaged | Review

12.16.2009 by Guest 0 comments

In his book, “Collateral Damaged: The Marketing of Consumer Debt to America,” Charles Geisst traces our country’s economic woes back to their roots and proposes policy-level solutions for preventing such problems in the future. He shows how the financial instruments we’re accustomed to and the marketing of debt has changed over time.

Read the full article →

Delayed gratification – Is it worth it?

11.17.2009 by Guest 16 comments

The following guest post was written by CPF reader Amy Sullivan.
We live in a country resounding “Instant Gratification!” as its lifestyle cadence call. But despite the fact debt has become a badge of the American dream, some folks are going back to saving money and paying for big-ticket items with cash. With this new concept, [...]

Read the full article →

Learning how to be content

11.03.2009 by Bob 11 comments

I don’t believe that contentment means settling for mediocrity. But rather it is being satisfied at whatever place in life God has us at, while trusting that He does have our interest at heart and that he does want to bless us and see us succeed.

Read the full article →

How to pay off your mortgage early (4 methods)

10.28.2009 by Guest 26 comments

Buying a home is a major expense – and a major debt. It’s said it’s the biggest purchase you’ll make in your life. A traditional mortgage loan is repaid over the course of 30 years, but today, some terms call for up to 40 years of repayment. To some, three or four decades seem like an interminable amount of time to take to pay off a debt… These are 4 simple ways to pay off your mortgage early!

Read the full article →

What to do if you’ve been turned down for a loan

09.26.2009 by Guest 3 comments

Turned Down For a Loan? Improve Your Loan-Ability!
This article was written by Becky House, Education Manager for American Financial Solutions. For more information about credit scores, budgeting or managing your debt, visit MyFinancialGoals.org or contact Becky at 1.800.894.3946.
Two years ago, someone with a 600 (poor) credit score could qualify for a mortgage or car loan. [...]

Read the full article →

← Previous Entries