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Articles related to causes of debt, how to get out of debt, and how to avoid going into debt.

Debt

financial peace university

Financial Peace University Review

“If finances were all about math, then all mathematicians would be millionaires.” In 2015, I was hit with a realization: The reality that finances are more about behavior modification, then about numbers. It is more about suppressing wants and purging your life

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fixed expenses

10 Ways to Save Money on Fixed Expenses

The other day I had an interesting conversation with my eight year old son in the car about debt. He asked me, “Dad, why don’t you and mom have a lot of debt? Why do you think it’s bad?” I

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Dad bankrupt

Watching Your Dad Go Through Bankruptcy

On March 6, 2008, I received a call from my mom and dad that no one wants to receive. Charlie: “Hello” Mom and Dad: “Charlie, it’s mom and dad.” (mom’s got the phone, and I can tell something’s wrong) Charlie:

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Multiple income streams

Why We’re Broke (And How to Fix It)

According to a new report by the Federal Reserve Bank of New York, total debt reached a new peak of $12.96 trillion in 2017’s third quarter — $280 billion above the previous 2008 high (and we all know what transpired around that

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Streams of income

Passive Income Streams: August 2017 Report

This past month has been focused on my monthly goals and writing them down. I had a record total 19 goals listed to accomplish in August and accomplished 12 of those goals. That is a big deal to me because I’ve

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the debt snowball

How to Create a Debt Snowball

I wrote about the debt snowball 7 years ago to the day and thought it may be useful if we reposted it again as it was (and still remains) one of the most important systems I used to get rid

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