Business debt can be either helpful or harmful to your business, depending on how you use it. When you use it properly, debt can be a tool to help your business grow. If you let your business debt get out of hand, however, it can hinder the growth of your business, make it much harder to find financing, and make any financing that you are able to obtain more … [Read more...]

While a lot of people do consider some debt to be very healthy, it’s important to know that having too much debt is not good at all for you. It’s essentially a weight around your ankle and it holds you back from accomplishing any long-term goals.   Business Debt and Liability When serious debt becomes an issue, the first thing that you want to do is talk about … [Read more...]

To hear some people tell it, there is nothing good about debt. Living a debt-free life might be the goal of every conscientious adult, but between now and that shining day, some amount of debt is unavoidable. So, the question is more about how to minimize current debt as a strategy on the road toward becoming debt-free. For instance, a new college grad might have to find … [Read more...]

Nearly almost every person in this world is living under debt. That is contributing to making his life not only hard but challenging too. Whenever he tries to get rid of one thing, another bill is waiting for him. That is all because of spending tons of dollars more than your income and having a credit score above average. Well, this is one of the reasons due to which people … [Read more...]

If you’re like most hard-working people, you either get paid every week, bi-weekly or once a month. But regardless of the frequency of your pay, the fact still remains that as soon as you get paid, you seem to be “broke” soon after you pay all your bills… This vicious cycle is called living paycheck to paycheck. For some people, they have very little extra money after paying … [Read more...]

Presidential Politics and Student Loans – What to Expect Moving Forward? Politics aside, the cost of college education in the United States is exorbitant. According to a research paper by Erin Duffin [Statista May 5, 2020], the average annual charges in USD for higher education in public and private institutions topped out at $7,051 for public education per student and … [Read more...]

Debt has always been seen by society as something of a dirty word, and it’s not hard to understand why. It can easily become a millstone around a person’s neck, one which forces people to work longer hours, take on extra jobs, and never quite gain the freedom they seek. On the other hand, it’s a matter of fact that debt has its role - possibly an essential one - in both … [Read more...]

Graduating from school is an achievement, congratulations! It's time to take things into your own hands and transition into adulthood with more responsibilities. Are you a graduate who borrowed student loans to cover your tuition? Don't worry we're here to help you manage your finance. Standing at the threshold of a new world after graduating college is in itself an … [Read more...]

It’s easy to rack up large amounts of debt and in a relatively short period of time. However, it can be difficult to maintain. Unfortunately, once you become overwhelmed with debt the road to recovery isn’t instantaneous. It can take many months before you feel relief. On the upside, by making a few changes to your spending habits you can live life … [Read more...]

Taken under the proper circumstances — and handled correctly — a debt consolidation loan can be manna from heaven. You’ll free yourself of debt more quickly and efficiently, you’ll lower your monthly payments and the interest charges you pay will be lower too. However, all of this is predicated upon the nature of your situation and whether or not it is conducive to this … [Read more...]