These are some simple ways to become poor… 1. Spend more than you make – Actually if you only do #1, you won’t have to worry about the other 9. This is the easiest way for anyone to become poor. It doesn’t matter if you make millions or hundreds each month, the same principle applies.
Debt
8 Ways to Stay Motivated While Getting Out of Debt
You open that credit card statement and sigh. “It’s going to take forever to get this thing paid off.” When you add your student loan debt and your car debt, that sigh turns to a moan. You ask yourself, “How can I ever stay on task long enough to do this? Is there a way to stay motivated?”
4 Keys to Break Free from Your Debt
Getting out of debt can be tough, but these principles can help you get through it much easier.
5 Steps to Take When You Receive a Call from the Collection Department
Have you ever been called by a collector? It’s not a pleasant experience. I’ve only received one collection call, but it was terrifying. I was in my early 20’s, already had a decent amount of debt, a reasonably expensive mortgage, and had recently quit my job to pursue one of my hair-brained million dollar schemes. Oops. Anyway, I was 30+ days past due on my mortgage, so I received a call from the mortgage company.
8 Tips for Dealing with Bill Collectors
If you have ever been on the receiving end of menacing phone calls from a bill collector, the title of this article probably spiked your blood pressure. Yes, this is a stressful experience, but it doesn’t have to be a nightmare. These tips will help.
Success Story: Tithing and Paying Off A House In 5 Years
In 2005 I began tithing regularly. I got introduced to the concept that all things belong to God and I am merely a steward. At the time I had been renting an apartment for two years and finally I decided to get a place to my own. I turned 30 that year and somehow my life’s priorities were changing both in the material and spiritual sense…
Should You Sell Your House to Pay Off Debt?
“Help!” you are crying. “My debt load is weighting me down so much that I am considering selling my house to get rid of it. Should I?” Although I appreciate your willingness to sacrifice in order to dump debt, selling your house may not be the best way. Ask yourself the following question: Why am I in debt?
8 Money Questions That Have a Lasting Impact on Your Finances
Making decisions can be hard work. Sometimes I get tired of trying to choose between all the options of life. Truth be told, some decisions that I thought were important turned out to have little or no impact on my life. Other decisions that I made are still impacting me (either positively or negatively). In […]