debt

How to Start: A beginner’s guide to managing your money

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An overview of the first steps on the path to financial wellness, aimed at those who are just getting started. Recently, I was asked about what to do if you’re just getting started thinking about working on your finances. This … Read More … Read More

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You can’t pay off your debt until you do this first

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If you’re trying to pay off debt without making sure that you’ve done all the necessary work first, you’ll never make any progress. Debt looms large in our financial thoughts. For example, in a list of 50 hashtags in the … Read More … Read More

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How to pay off a $10,000 debt

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Paying off debt requires drive, focus, patience, and accountability. In this post I show how you can pay off a large debt. In a recent YouTube video, I talked about a hypothetical $10,000 debt. Now, for many people, this sort … Read More … Read More

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How to take advantage of a student loan payment freeze

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During the student loan payment and interest freeze, if you are able to make payments now, you’ll have a much greater impact on your loans. A lot of the benefits that were passed to ease the crisis for people dealing … Read More … Read More

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How to find the sweet spot for paying extra on a debt

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If you have debt, some of the mandates are clear to you: Pay it off, obviously. Pay down a single debt at a time. Pay either the highest interest rate debt first (which makes sense on paper) or the lowest-sized … Read More … Read More

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Bond camera shot

Why not avoid bonds too?

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Last time, I talked about my (thankfully?) fruitless attempt to buy tax liens as an alternative investment vehicle. I was initially attracted by the promise of high returns, but ultimately left feeling like what I was trying to do was—if … Read More … Read More

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Leaning tree

Tax liens, or that time I tried to profit from other people’s debt

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Right after college, I started taking an interest in investing. At the time, I worked with someone who was similarly interested. We’ll call him Ivan (not his real name). Ivan was the person who introduced me to Rich Dad Poor Dad. … Read More … Read More

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Netting

My take on Dave Ramsey’s 7 Baby Steps (Part 2, Baby Steps 4-7)

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This post is part of a two-part series: My take on Dave Ramsey’s 7 Baby Steps (Part 1, Baby Steps 1-3b) My take on Dave Ramsey’s 7 Baby Steps (Part 2, Baby Steps 4-7) In my last post, I talked … Read More … Read More

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Mud crawling

My take on Dave Ramsey’s 7 Baby Steps (Part 1, Baby Steps 1-3b)

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I offer my opinion and review of each of Dave Ramsey’s Baby Steps, starting with Baby Steps 1, 2, 3, and the often-forgotten Baby Step 3b. This post is part of a two-part series: My take on Dave Ramsey’s 7 … Read More … Read More

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Why not debt consolidation?

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Paying off debt is hard. Chances are that you have debts in a number of different places (car, student loan, credit card, and even perhaps medical or personal debts as well), all of which have different payment dates, rates, and … Read More … Read More

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