3 types of good debt

3 examples of good debt

Is debt bad? Of course it is, it’s the opposite of financial freedom! However, certain types of good debt actually exist! While paying interest rates month after month shouldn’t be considered normal, some loans are perfectly justifiable! And no, buying a car or a vacation package don’t qualify as acceptable debt. […]

Consequences of a bad credit history

Consequences of a bad credit history

It’s no secret that poor financial money management leads to suffering the consequences of a bad credit history. Maintaining a good credit score is important. Although it seems average scores continue to rise each year, there are still plenty of people who struggle with a poor credit history. And anything below 580 is […]

4 less obvious credit card mistakes to always avoid

4 less obvious credit card mistakes to always avoid

Applying for a credit card these days has become a common habit. However, even if many know about the major downsides of misusing the ‘plastic’, few are aware of some of the less obvious credit card mistakes to always avoid! While owning a credit card does come with many perks, […]

Advantages and disadvantages that come with a credit card

Advantages and disadvantages that come with using a credit card

What do you think are some advantages and disadvantages that come with owning a credit card? The joy of buying something on the spot just by swiping your plastic comes with pros and cons. Being able to afford almost anything if you keep one in your wallet gives you certain advantages, but side […]

Stop keeping up with the Joneses. Become them!

Stop keeping up with the Joneses Become them

If you could have a talk with your younger self, would you tell that person to stop keeping up with the Joneses already? Many years ago, social status seemed to be the n°1 value many families lived by. Since not everyone was born wealthy, keeping up with the Joneses seemed […]

Personal finance today vs. many moons ago

Personal finance today vs in the past

Once upon a time, life seemed to be a lot simpler. Money were handled in a very different manner and certain financial situations didn’t cause huge problems with huge consequences. Times change, and we always hope it’s all for the better, but 30 years ago people actually had less money problems and […]

Are payday loans good or bad for your finances?

Are payday loans good or bad for finances

Being in a financial rot often means being in need of some fast cash. But are payday loans good or bad for your finances? When I first learned about payday loans I thought, wow, what an awesome idea! It’s like getting your salary in advance instead of waiting weeks to save […]

Ways to avoid credit card debt problems

avoid credit card debt problems

Finding ways to avoid credit card debt problems is becoming increasingly difficult when you’re misusing your credit cards. Having a credit card today is like breathing. Almost everyone has one and most banks practically beg you to take advantage of their offers. Not very long ago, my bank offered me a MasterCard […]

Strategies to pay off student loan debt faster

Strategies pay off student loan debt faster

Paying off student loan debt must be the least fun activity you face once you graduate. High-school graduates go off to college in the hopes that they’ll get a great education and land a well paying job. But when everyone has to actually face the debt monster, things can get quite […]