Borrow

Diving deeper into debt: How much is too much?

Diving deeper into debt: How much is too much?

If you’re like a majority of Americans, you carry some (or a lot) of debt. The average amount of debt per American adult is $38,000, excluding home mortgages. That’s a lot of debt! Most of it is concentrated in credit cards, student loans, and car loans. But being in...
Should you use retirement funds to get out of debt?

Should you use retirement funds to get out of debt?

You’re mired in debt and struggling to make payments. Meanwhile, you have a nice retirement savings plan (RSP) that is earning money. Now you’re asking yourself: Should I use those retirement funds to pay off this huge debt burden? To answer this question, follow...
Ready to get out of debt? Consider the “B” word

Ready to get out of debt? Consider the “B” word

Debt can be difficult to live with. It weighs us down. It causes anxiety, work and marriage problems. It creates stress that can lead to insomnia and other health problems. The bad news: There’s no quick fix or miracle trick to pay off debt all at once — short of...
6 ways to start getting out of debt today

6 ways to start getting out of debt today

It can be way too easy to get into debt and way too hard to get out of it. Being in debt is not the end of the world, though it may feel very stressful and oppressive. Thankfully, there are concrete steps you can take to pay off your debt efficiently and without...