Debt

Blog categorized as Debt

What is the average American debt?
The average american has some debt. This person writes debt on a notepad.

In the United States, it's almost impossible to avoid debt and most people burdened by it. For some people, their debt is tied up in earning college degrees, while others may have it invested in their home. Whatever the debt may be, many people struggle with it and hold a lot of it. However, what i...

Valentina
09.07.19 04:15 AM - Comment(s)
4 Ways to Become Debt Free

Some people may ask, "Is it possible to be debt free?" Debt can seem like a bottomless pit, but there are ways out. If you're trapped by debt at the moment, know that there is light at the end of the tunnel. Also know that there's no quick tricks to get rid of all your debt. The process w...

Valentina
01.02.19 06:37 PM - Comment(s)
5 ways debt is a lose-lose situation for you

Debt burdens the borrower and gives the lender the upper hand. Since funding is often based on loans, you can easily end up in a situation where you're drowning in debt. This dilemma has been going on for centuries without anyone blinking an eye. Here are 5 ways that debt continues to be a lose-los...

Valentina
04.01.19 06:45 PM - Comment(s)
Why debt is bad

Debt. It's something that almost everyone has and everyone is familiar with. For some, it helps them afford things that they couldn't otherwise, but for others, it gets them stuck. For many, debt has become a cycle where interest continues to build and build until it seems impossible for them to ge...

Valentina
28.12.18 09:42 PM - Comment(s)
4 ways you're stuck in a debt trap

Debt can be a useful tool, but other times you can get stuck in the debt trap. Sometimes debt keeps you in a continuous cycle where interest compounds and it seems like you'll never escape. So what are some of the ways that debt traps you?

1. Interest isn't your friend

Interest is a parasite that you...

Valentina
21.12.18 11:57 PM - Comment(s)