If you’re among those struggling with debt and just want to be rid of it and move on with your life, it can be helpful to find some information and inspiration from others who are financial experts or people working to pay off substantial amounts of debt. You’ll find all of that, and more, in these inspirational personal finance blogs that can offer you advice, motivation, and guidance in paying down your debts so you can start putting that money to other uses. Words: 1010
Read More »Next Major Capital Market Meltdown Won’t Be Caused By Consumer Debt – Here’s Why
It's impossible to pinpoint when and where the next crisis will spring from but, looking at the actual U.S. consumer debt data today, it's not likely that consumer debt will be the trigger point of the next major capital market meltdown...
Read More »Record High American Debt Is A Recipe For Disaster! (+2K Views)
According to the just-released latest quarterly household debt and credit report by the NY Fed, Americans' debt rose to a new record high in the fourth quarter on the back of an increase in virtually every form of debt: from mortgage, to auto, student and credit card debt (although HELOCs posted a tiny decline). With interest rates on household credit rapidly rising, and with no savings to fall back on, this is a recipe for disaster.
Read More »Millennials seem so angry these days & no wonder – we lied to them!
Millennials seem so angry these days and, no wonder! We lied to them! Here's how.
Read More »The High Cost of Education and How to Reduce It
With college costs consistently outpacing the rate of inflation, many students are thinking twice when it comes to going to college. Let's explore the numbers students are up against today and how to make higher education more affordable.
Read More »Addiction to Borrowing Causing Another Bubble – Take a Look
We are trying to get out of a debt led crisis with more debt. The facts show this and we have compiled some of the more troubling data by putting the entire debt market into perspective here [and it clearly shows that] we flat out have an addiction to borrowing. [Read on!] Words: 600
Read More »Americans Greasing the Tracks for a Financial Crash! Here's Why
For the bulls yesterday's news of a much higher-than-anticipated jump in consumer borrowing is yet more proof that the recovery is on track. [For the bears it is outright confirmation that America's spending is setting it up for a major financial crash! Let me explain.] Words: 527
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