Debt is a big problem for many people and it often feels like there is no escape. It can cost a lot of money every month and it sometimes looks like it never goes down. Even worse is when the debt keeps getting bigger. The good news is there are ways to reduce your debt […]
Good vs. bad debt?
What is good and what is bad debt? Many people think that all debt is bad. While this is often true, there is such a thing as good and bad debt. It is important to understand the difference. Debt, in general, costs money. The less debt the better. There are certain times that debt cannot be […]
The 80/10/10 Principle
This might be unfamiliar to many people, but this rule is a good way to think of the money you get in. Budgets are very important and will help you to manage your money every month. The 80/10/10 principle makes this easy. What is the 80/10/10 budget? It is a simple way of thinking and […]