We all face it. Life gets the best of us, and our budget is blown. You want to get back on track, but achieving your financial goals seems impossible. You're not sure if you can even manage your debt repayment. Fortunately, you turn things around. Here's how to improve your current financial … [Read more...] about How to Get Your Finances Back on Track Starting Today
There are as many ways to pay off debt as there are to live, and everyone seems to have their favorite way to do it.
When you’re trying to become debt-free, knowing your options is as important as knowing which one will best fit your lifestyle and personal preferences. Instead of proclaiming one method as superior to the others, we share tips to pay off credit cards, eliminate student loans, and achieve financial freedom from multiple perspectives. Get started here.
6 Best Alternatives to Personal Capital
Budgeting and money management apps are excellent tools to help you stay on top of your finances. Many people like Personal Capital, now Empower since it offers free personal finance tools to monitor your spending, net worth, and investments. However, there are several Personal Capital … [Read more...] about 6 Best Alternatives to Personal Capital
7 Best You Need A Budget Alternatives [Cheap & Free Budget Apps]
Personal finance apps like You Need A Budget (YNAB) make it easy to see how you’re spending your money while tracking your savings progress. Even though YNAB is a powerful budgeting tool, you may prefer a different platform to manage your money. If you’re looking for alternatives to YNAB, there … [Read more...] about 7 Best You Need A Budget Alternatives [Cheap & Free Budget Apps]
Why Did My Credit Score Drop Suddenly?
Have you ever paid off a credit card only to see your credit score go down? You’re not alone. Credit scores aren’t perfect but when we see our credit score go down for no reason, it causes stress for most people. After all, it's not usually good to see your credit score drop. Wanting to have a … [Read more...] about Why Did My Credit Score Drop Suddenly?
5 Best Credit Repair Companies to Fix Your Credit
Bad credit makes life difficult since you might pay higher interest rates and insurance prices. You may even have a harder time getting a job. Luckily, credit repair companies can help fix your credit if you don't have time to do it yourself. These services can negotiate with debt collectors on … [Read more...] about 5 Best Credit Repair Companies to Fix Your Credit
33 Signs You’re Financially Stable
I remember the trip to Target like it was yesterday. My wife and I were trying to decide between dental floss and aluminum foil. As newlyweds who were still paying off my debt, we had no breathing room. We were not the picture of financial stability. Being financially stable means one thing – … [Read more...] about 33 Signs You’re Financially Stable
What if I Can’t Pay My Bills This Month?
We all face challenging financial circumstances from time to time. Whether it's mountains of debt, or having no emergency fund to manage a crisis, difficult times cause stress. If you are in this situation, you may wonder what your options are if you can't pay your bills this month. This guide … [Read more...] about What if I Can’t Pay My Bills This Month?
Hidden Dangers of Buy Now, Pay Later Apps
If you’re like many people, you may not always have adequate funds to make a purchase. This could cause you to either use a credit card and risk ensuing debt or delay the purchase until you have the necessary cash. However, a financial tool with growing popularity eliminates that problem. … [Read more...] about Hidden Dangers of Buy Now, Pay Later Apps
10 Proven Ways to Pay off Debt Faster This Year
According to CNBC, the average American has $24,000 in debt (not including their mortgage). Unfortunately, high interest credit card debt and pricey car loans can prevent you from reaching your financial goals. If you're underwater, financial freedom feels like it will take too long to achieve. … [Read more...] about 10 Proven Ways to Pay off Debt Faster This Year
How Much Should Your Car Payment Be?
When you are buying a car, there are multiple factors to consider. From make and model to miles per gallon and more, the process of figuring out which vehicle to purchase can be stressful. However, throwing finances into the equation can make it even more overwhelming. Fortunately, … [Read more...] about How Much Should Your Car Payment Be?
9 Best Alternatives to Bankruptcy: Kill Debt for Good!
Filing for bankruptcy is usually the last resort for someone to get relief from financial difficulties. If you are dealing with excessive debt, you might be considering this solution. Every situation is different. It may be best for you to file chapter 7 or chapter 13 to relieve your financial … [Read more...] about 9 Best Alternatives to Bankruptcy: Kill Debt for Good!
7 Best Apps Like Dave to Get a Cash Advance
The Dave app is a popular personal finance app that allows users to take small cash advances when they are short on funds. It is free to use, offers a variety of budgeting tools, and helps users avoid overdraft fees. However, there are other apps like Dave that allow you to access … [Read more...] about 7 Best Apps Like Dave to Get a Cash Advance
7 Best Side Hustles for Couples
Could you and your spouse use some breathing room in your budget? While cutting costs is an excellent solution, earning additional income can go even further. But, what if you don’t want to spend time away from your partner or you have complementary skills? You can work together and make money … [Read more...] about 7 Best Side Hustles for Couples
7 Best Unsecured Loans to Consolidate Debt
Unsecured loans can be useful when it comes to eliminating your debt. While the best personal loans vary, they all help you pay off debt faster. This helps you achieve financial freedom and live the life you want sooner. There are numerous options to consider when looking for low-interest loans. … [Read more...] about 7 Best Unsecured Loans to Consolidate Debt
5 Ways to Lower Your Interest Rate and Kill Debt for Good
At the beginning of the year, many have the same goal – to pay off debt. One of the fastest ways to kill debt is to lower your interest rate on your credit card, or other consumer debt. Reducing your interest rate can slash years off your debt repayment journey, allowing you to reach freedom … [Read more...] about 5 Ways to Lower Your Interest Rate and Kill Debt for Good
How to Pay off Debt Fast on a Low Income: 6 Ways to Kill Debt for Good
It's not always easy to know how to pay off debt fast on a low income. At the beginning of my pay off debt journey, I was working a minimum wage job, and the $50,000+ number felt so staggering. I had no idea how to pay off debt quickly on a low income and felt like giving up before I even … [Read more...] about How to Pay off Debt Fast on a Low Income: 6 Ways to Kill Debt for Good
25 Simple Ways to Start Paying off Debt Now
Sometimes when you look for ways to start paying off debt, the journey seems too overwhelming to start. However, the journey of 1,000 miles begins with a single step. By taking one simple step you begin to build confidence to continue, and before you know it you have serious momentum. It's easy … [Read more...] about 25 Simple Ways to Start Paying off Debt Now
How to Pay Off Your Mortgage Faster: 7 Ways to Pay it Off Early
Finding new ways to pay off your mortgage faster is a topic I can discuss endlessly. When I was aggressively paying down my mortgage, I endlessly researched how to do it by reading all of the things about it. Any article that discussed it hooked me. I was obsessed. As far as obsessions go, I'd … [Read more...] about How to Pay Off Your Mortgage Faster: 7 Ways to Pay it Off Early
How to Get Rid of Debt and Manage Your Credit Score
This is a sponsored post written by me on behalf of TransUnion. The opinions and text are all mine. Many people struggle with their finances. In the past, I was one of them. During college, I was baited by free merchandise and ensnared with promises of easy money from a quick application … [Read more...] about How to Get Rid of Debt and Manage Your Credit Score
15 Best Ways to Legally Eliminate Credit Card Debt Quickly
I hate credit card debt. It enslaves you to someone else and keeps you from reaching your goals. Finding ways to legally eliminate credit card debt quickly may feel like a challenge, but it’s certainly possible with some work. Credit card debt is an unfortunate reality. The Federal Reserve … [Read more...] about 15 Best Ways to Legally Eliminate Credit Card Debt Quickly
The 5 Key Habits of Debt-Free People You Should Copy Today
If you're interested in debt-free living, it's important to study the lifestyle of those who currently are living debt-free. What are the characteristics of debt-free people? What does it take to become debt-free in America? Do debt-free families have to go without? Are they able to have any … [Read more...] about The 5 Key Habits of Debt-Free People You Should Copy Today
Why Your Car Payment is Destroying Your Financial Future
How much is your car payment each month? How much of your monthly income, on a percentage basis, goes towards your car payment? Experian reports that the average monthly car payment breached the $500 mark for the first time in 2016. Just let that sink in for a moment. In an age where we face … [Read more...] about Why Your Car Payment is Destroying Your Financial Future
What Could You Do With An Extra $470 Per Month?
Whether or not you live by a budget, you can probably think of at least one thing you could do with some extra money each month. I think it’s fun to sit back and dream about what you might do with that extra money – depending on your situation I guess. :-) Well, today we’re going to talk about … [Read more...] about What Could You Do With An Extra $470 Per Month?
Things I Would Never Do: The 97 Month Car Loan
Welcome to a new feature I plan on running from time to time here on Frugal Rules – Things I Would Never do. It’s meant to be part rant, part shedding light on unwise practices and part ways to avoid unnecessary debt. It’s not intended to be judgmental, but largely to help those that may be facing … [Read more...] about Things I Would Never Do: The 97 Month Car Loan
