Category Archives: Debt
Payday Rituals Can Help You Reflect on Your Finances
The leadup to payday feels like an exhausting uphill climb, even in flat Florida. You watch every penny; you hope your car will make it to work on the morning of payday without running out of gas. For most of the pay period, you have been putting just a quarter tank of gas in… Read More »
Choose Buy Now Pay Later Plans Wisely
As with so many aspects of personal finance, the popular media narrative on buy now pay later (BNPL) tends to oversimplify the situation. BNPL payment plans are popular because they are convenient and offer low interest or no interest plans, often with no credit checks. Because there are fewer barriers to enrolling in BNPL… Read More »
The Medical Debt Avalanche of 2026
Everything is so expensive these days that any bill can be a source of stress. People tend to focus their anxiety on the bills that, in recent memory, were noticeably cheaper. If you were in the workforce before the COVID-19 pandemic, then it is hard not to take offense at the price of a… Read More »
Parent PLUS Borrowers Have a Limited Time to Get Debt Relief
The student debt apocalypse has arrived. With less grant funding available for students, enrollments are decreasing, as students of all ages are reaching the conclusion that they cannot afford tuition for postsecondary education, especially at four-year universities. For some families, though, college education is the gateway to a meaningful career and the hallmark of… Read More »
Debt Relief Is Part of Your Path Out of Financial Abuse
An article recently published on the People Magazine website reads like voyeuristic clickbait unless you have experienced financial abuse. It tells the story of a young woman who suffered a medical emergency from which she made a full recovery, but which left her with thousands of dollars in medical bills. Her boyfriend gave her… Read More »
Getting Out of Debt With Guaranteed Income
Guaranteed income, also known as basic income, refers to local programs that pay a cash allowance each month to participating beneficiaries. Most existing guaranteed income programs have a predetermined end date for each beneficiary to stop receiving benefits. The goal is to gather data on the societal benefits of guaranteed income programs to inform… Read More »
Don’t Let Student Debt Tank Your Housing Application
Student loan debt is an example of how youthful mistakes, or even simply youthful inexperience, can follow you around for years. If you graduated, then the debt balance you still carry can make your awesome GPA seem less impressive. If you did not, then you are probably quick to correct anyone who thinks that… Read More »
What If Credit Card Interest Rates Were Capped at Ten Percent?
Credit card debt is a major source of financial stress for millions of Americans, and a big part of that is the high interest rates that credit cards charge. If you are paying the minimum payments on your credit cards every month, the outstanding balance that you owe barely changes from one month to… Read More »
Can Family Caregivers Keep Their Medicaid Benefits Beyond 2026?
The most judgmental people in the world, from guys who click on rage bait all day long to wannabe trad wives to your own mother-in-law, will tell you that it is pathological to enjoy your job and that doping so makes you a materialistic egomaniac. What they don’t realize is that you work even… Read More »
How to Keep Your Financial New Year’s Resolution
If you have made it through the first third of January and have stuck with your New Year’s resolution, you are either extraordinarily talented, or else you are no spring chicken. A lot of people make ambitious New Year’s resolutions on January 1, but when the champagne buzz fades or the hangover clears up,… Read More »