To have money for repairs. If you own or even rent a home, you will need money for repairs and general upkeep. Some examples of possible repairs are a leaky roof, a squeaky furnace, household appliances such as the washer, dryer and refrigerator, and other necessary repairs on vehicles, computers, etc. If […]

To stay mentally healthy. Clear thinking and peace of mind cannot be taken for granted. It is hard to have clarity of thought and difficult to make good, logical and well-reasoned financial decisions when you are stressed under a burden of heavy debt.
To maintain a healthy marriage. Finances are said to be […]

Why should you become debt free? After all, you felt that you needed that new car. And of course, your house must have furniture in it. A closet would be useless without a good stock of new shoes and clothes. Of course, you don’t have the money now, but you do have […]

A lot of denial takes place when it comes to the subject of finances, debt, responsibility and financial accountability. You may deny that debt is bad. You may deny that you really have debt. After all, isn’t debt just being past due on your payments? Isn’t a loan just a contract? […]

Why do people go into debt? Usually it is from ignorance of the eventual financial consequences. True enough, sometimes, unforeseen disasters occur that are completely out of a person’s control. This may include the loss of a job or gigantic health and medical bills that come out of nowhere. Usually these […]