Debt Reduction

6 ways to tackle credit card debt

6 ways to tackle credit card debt

It’s not inherently bad to carry some debt. If you own a car or a house or you went to college, chances are you’re paying off a loan. Mortgages, car loans and college debt are often considered “good” debt. Your residence may grow in value, your vehicle transports you...
Diving deeper into debt: How much is too much?

Diving deeper into debt: How much is too much?

If you’re like a majority of Americans, you carry some (or a lot) of debt. The average amount of debt per American adult is $38,000, excluding home mortgages. That’s a lot of debt! Most of it is concentrated in credit cards, student loans, and car loans. But being in...
Should you invest while paying off debt?

Should you invest while paying off debt?

Traditional approaches to eliminating debt tend to create a black-and-white view of money matters — reduce spending so you can increase debt payments. It may seem counterintuitive, but investing while you’re managing and paying off loans can help you eliminate debt....