Category Archives: Debt
Underwater Car Loan Blues
Anyone who says that it is easy to live without a car in South Florida without a car. Yes, cars are expensive, but trying to get where you are going without a car costs so much money and time that it leaves you worse off than if you had not gone at all. People… Read More »
Does Your Insurance Money Have to Pay Other People’s Debts?
Insurance salespeople often tell you that, when you buy insurance, you are buying peace of mind. If you have ever filed an insurance claim, your experience is probably the opposite. Insurance claims adjusters find every excuse to pay less on your claim than you need, distorting your words to use them against you and… Read More »
What’s New With Florida Debt Collection Laws?
Debt is a nearly constant presence in human societies across time. Whoever said that nothing in life is certain except death and taxes could have also added debts owed to parties other than the government as one of the inevitable things in life. Meanwhile, communications media change quickly. Depending on your age, you might… Read More »
Only Chumps Buy Used Cars From Dealerships?
If everyone else is as broke as you are, why do you feel so alone? It could be because, when you try to talk to other people about your financial struggles, all they do is gloat about how you could have avoided your predicament if you had only followed their example by engaging in… Read More »
Borrowing Money in a Pinch
No one resorts to borrowing money from predatory lenders because they want to. Instead, the people lined up at neighborhood convenience stores to sign for payday loans and the ones scrolling through “rent a bank” loan listings on their outdated phones with cracked screens they cannot afford to fix are doing it because bill… Read More »
A Farewell to Online Shopping?
Making New Year’s resolutions is for the old generation. The idea that next year could be better than this one seems old-fashioned. Today’s young adults have grown up with year after year of crushing financial stress. Furthermore, holiday creep has made it so that you are ready for the holidays to be over before… Read More »
The Snowball Method of Debt Repayment Can Bring Holiday Cheer to Cash-Strapped Floridians
No one runs up piles of debt with the intention of filing for bankruptcy when it gets out of hand. Almost everyone makes multiple serious attempts to pay down their debt before pursuing bigger interventions. The two most popular methods for paying down debt are the snowball method and the avalanche method, and each… Read More »
Finding Holiday Cheer Amid Financial Stress
The winter holidays are the most stressful time of year for a lot of people. The manufactured atmosphere of joy throws your most bothersome problems into stark relief. Whether your favorite seasonal treat is mashed potatoes, green bean casserole, pumpkin pie, eggnog, or even the humble candy cane, the fact that there is so… Read More »
Risky Strategies for Repaying Credit Card Debt
A credit card is a fair-weather friend. It feels great when you have available credit, and you can swipe the plastic whenever you feel like it, and then pay only a small fraction of your balance at the end of the billing cycle. Although the process is gradual, if your financial situation and your… Read More »
Which Debts Can You Let Pile Up?
The old generation makes it sound like it is so easy to stay afloat financially and keep your debts under control. Skip your morning Starbucks run, they said, as if you had ever indulged in a daily breakfast at a chain coffee shop. Monetize your hobby to supplement the income you get from your… Read More »