When it comes to Dave Ramsey’s baby steps it is really important to take stock of where you are financially and figure out how to get ahead. Once you’ve put away $1000 toward emergencies, there are two things you need to do in order to accomplish baby step 2, paying off all debt except your… Read More Budgeting and Getting Out of Debt Go Hand in Hand
People always say it seems like they will always have a car payment. A car payment is not always a necessary evil – in fact, it is very possible to not have a car payment – like ever again. My husband and I have gotten auto loans for every car we’ve ever purchased. We’ve always… Read More Never have I ever
Did you know the average car payment is about $500 month? That the average car loan is for $30,000? And the average loan term is over 5 years? Those statistics can easily be found online but those figures are pretty disconcerting. There are many (MANY) articles (not even kidding – Google it) that suggest that… Read More Auto financing 101
This past week has not gone as planned. It started off well enough and it’s actually ended quite well but the in between and getting to where I am right now (sitting on the couch listening to a podcast and typing this blog post) was complicated, tiring and full of sadness and uncertainty. The original… Read More Life happens
Your credit report has a lot of information on it. Some of it is necessary for banks and credit unions to make decisions as to whether or not to lend you money. Some of it is arbitrary and has absolutely not bearing on whether or not you are credit worthy. And yet there is quite… Read More Learn to read your credit report
What do you do if you get a call from a debt collector? You probably panic right? Especially if you have never gotten a call from someone in a collection department before. But, you need to remember that you NEED to keep your emotions in check. If you start to feel emotional or start to… Read More How to handle collection calls
Many times when people want to pay off their debt, they take on more debt. That doesn’t seem to make much sense, but you will find that people often take out “debt consolidation loans” or use equity in their homes or cars. Some people apply for 0% interest rate credit cards and make a balance… Read More What is a debt snowball?
While getting out of debt can seem hard, sometimes talking to our spouses can seem even more difficult. If you’re already in a marriage where communication isn’t easy, talking about money can seem down right daunting. How do we go about talking to our spouse about money if we are already feeling ashamed, embarrassed, nervous… Read More How to have a productive conversation with your spouse about money