Tag: Debt

Zirtue Review – A Peer-to-Peer Lending App

The Federal Reserve estimates that Americans lend $184 billion dollars to friends and family members each year.  As you likely know, these loans can be awkward for both the borrower and lender when it comes time for repayment.  I’ve been the embarrassed borrower who completely forgot to repay someone, and I’ve been the lender who …

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5 Ways to Prepare for the Bubble of Everything

On the way into work the other day, I caught an interview with former Crown Financial President, Robert Dickie. It was an interesting discussion on a future economic downturn that will likely affect everyone (worldwide). Now, I give you this information with a disclaimer. Obviously, only God knows the future and – if you’re a …

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Abraham Lincoln – The Debtor

I love to read biographies of significant people in history. One of my favorite subjects is Abraham Lincoln. In his book about the Great Emancipator, author Thomas Keneally writes how Lincoln was once a great debtor. Most of his indebtedness revolved around purchasing two New Salem (IL) stores with a partner of his, William Berry. …

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What Happens If I Default on My Student Loans?

The following article was written by Brandon Endsley, a Financial Aid Administrator and Purdue Alumni, who administers the MyMoney website at Purdue University. We asked him if he could address some of the issues surrounding student loan defaults – as they are on the rise. Before I discuss the downsides of student loan default, you probably …

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Are You Suffering From ‘Frugality Fatigue’?

I had to laugh a little when I read the headline on our public radio’s website this morning: “Frugality Fatigue May Fuel Increased Holiday Spending This Year“. The article goes on to cite a University of Minnesota professor’s claims that consumers (I really don’t like that word) have a “pent-up” urge to spend a bunch of …

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Money Management Tips for College Freshmen

The following article is a guest post from my college freshman brother, Ryan. He provides some great insight into how to manage your money on your own during your college years. When I was ready to start my freshman year of college this year, there were so many things that I was worried about. Where …

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7 Potential Ways to Save Money as a Stay-at-home Mom

“Behind every good man is a better woman.” That is a saying I firmly believe after being married to my wife for 11 years now. After our first child was born in 2004 my wife and I decided to have my wife be a stay-at-home mom from that point on (or at least for one year). One …

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