Many Westerners believe that living debt free is an unrealistic and unreachable goal these days. They live above their means and abuse credit like there is no tomorrow. Some think that it is OK since “everyone else is doing it”. Others underestimate the interest rates and don’t realize how much more they will owe in … Read more
Preparing a family budget and sticking to it is essential for every mom and dad to sleep soundly, knowing that the family home cannot be repossessed by credit companies. After all, if you can stick to your budget plan, you can successfully live within your means. You have enough income to pay your debts every … Read more
As per the CardWeb.com, Americans owe trillion in non-mortgage debt; this equals around ,000 per household. The average American credit card debt is about 5 billion that equals to ,500 per household. The numbers are growing at a record pace and people are exhausting their savings, selling off their investments to become debt free,but they … Read more
Many of us as consumers look into becoming debt free only after we are in over our heads and drowning in debt. Most of us may think someday there will be a “magical” lump sum of money we may receive at some point in our life and then we can pay off all of our … Read more
If you are sitting in front of your computer thinking about debt free living, you are not going to achieve it because a portion of your salary will still go to the bank for repayment. You still have housing loan, auto loan and your credit card debt to pay off. Debt free living seems to … Read more