Category Archives: Debt
Crafting a Realistic Debt Repayment Plan
When you live from paycheck to paycheck, so much of your energy goes to worrying about whether you have enough money to pay the bills that are due this period. You rarely have time to make long-term financial plans. In fact, even though you keep making payments, your debt burden might be getting bigger… Read More »
Quick, Temporary Fixes for Your Summer Financial Crisis
Most of the financial advice you find online is geared toward people a few tax brackets above yours. You can only participate in the debt snowball or debt avalanche method if there is any room to trim expenses from your budget and put the extra money toward debt repayment. You are already living from… Read More »
Multigenerational Households Are Not a Magical Solution to Your Financial Problems
When you kept living in your empty nest after your children grew up and moved out, you thought that you were making the best financial decision of your life. Every month, your mortgage got closer to being paid off, and your savings got bigger. With both spouses working, you belonged to the enviable elite… Read More »
Autopay: Friend or Foe?
Sometimes you feel like you work all the time, and yet your work is never done, and you never have enough money to pay all your bills. During the closest thing you have to free time, such as when the checkout line in the supermarket is moving slowly, you look up short videos and… Read More »
Welcome Back, Junk Fees?
We have all heard that most of the laws that affect our daily lives are state laws, not federal ones. Floridians wear it as a badge of pride that we can get a driver’s license without having to parallel park. Florida is less 420 friendly than California but more 420 friendly than Alabama. A… Read More »
Say Goodbye to Your Housing Stability
Hurricane season has not even officially started, and it is already shaping up to be a soul-crushingly stressful summer in South Florida. Almost every source of financial stability that we have come to take for granted, meager as they were, has fallen away from us. First, the federal program that prevents air conditioning shut… Read More »
Can Overwork Kill You?
This week, the Forbes website has published another article about karoshi, a phenomenon in which relatively young people who work long hours die suddenly. “Karoshi” is a Japanese word that means “overwork death.” If you scroll down the list of Google search results, you will find that, for almost as long as magazines have… Read More »
The Generation That Savings Forgot
Journalists love to throw shade at Generation Z, the age cohort born between 1997 and 2012, for doing things differently from how their elders did them. Whereas Baby Boomers and Generation X dreamed of a summer vacation where they could make out with someone special in the car at the end of a date,… Read More »
Home Repairs Can Break the Bank for Tenants
The list of ways in which housing is unaffordable just keeps getting longer. Qualifying for a mortgage loan now seems like a pipe dream for everyone except the wealthiest people. If you are lucky enough to own your house and keep up with the mortgage payments, then the list of things that need repair… Read More »
Multiple Credit Cards: Friend or Foe?
We have all heard the stories about people who racked up tens of thousands of dollars of credit card debt by opening too many credit cards. They have cards that have been maxed out for years. Even during months when they don’t make any new purchases on the cards, the interest charges alone keep… Read More »