If you really want to damage your financial future, then forget lightweight indiscretions like buying coffee every day and getting your hair colored in a salon. Those meager indulgences will…
debt
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If you’ve reached the conclusion that you need to get a grip on your finances, or maybe you made an effort to do so in the past that fell short,…
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Today, President Barack Obama announced expansion of a program that helps student loan borrowers manage their debt. The new plan extends 2010’s “Pay as You Earn” program, that tied student…
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The theory of “good debt” really started before the Great Recession, and generally applied to student loans and mortgage debt. In those days it was easy to assume the value…
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There were many policies and practices that came together to cause the Great Recession of 2008, but certainly the trigger was subprime lending in the housing market. People were getting loans…
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There’s nothing easy about getting out of debt. The companies that loan you money for everything from your morning latte, to the car you drive to get to the coffee…
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Everyone likes to think they’re unique — a precious little snowflake in the snowstorm of humanity. Yet, when it comes to finances and debt, people make surprisingly similar mistakes. There…
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If you don’t like the way Wall Street behaves, if you want to hit back at those paragons of entitled excess, the best way to do it is to go…
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It’s really quite amazing how completely some people are able to destroy their financial lives. Sometimes the tangle of debt and one-sided obligations is so complete that it’s tempting to…
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A report by the Federal Reserve Bank of New York shows Americans are taking on debt at scary new levels. Consumers were in the hole to the tune of $11.52…