American debt situation – The good, the bad and the worst

2008 was a memorable year for the American economy. In this year, the nation encountered the worst ever financial crisis that had a number of causes. However, the key reason of the meltdown was probably owing to high debt both by individuals and businesses. Since the debt bubble burst, America has been struggling with the challenge of casting off much […]

Share Button
» Read more

Frugality means understanding the value for money

When it comes to living a debt-free financially-independent life, all roads lead to frugality. And when it is frugality, it is the understanding of value for money. If you can’t appreciate it value, you’re very likely to waste it. Rewards of frugality Prevent your hard-earned dollars from being drained out. If you wonder what you should learn and why you […]

Share Button
» Read more

Choosing your major right is important to pay back student loans

Student loans present a worse picture than would’ve been thought possible. Every year you get to hear stories about the probable number of students dropping out simply because of the fact that they can’t handle the debt burden altogether. In fact, recent figures about student loan debt would tell you how miserable the situation actually is. It’s a known fact […]

Share Button
» Read more

Lew seems all for the rise in debt ceiling, yes!

“Preparing for a financial apocalypse.” – Yalman Onaran. This is what seems to have become the refrain given the financial situation prevalent all over the United States. The uncanny shadow that the debt canopy casts over the nation seems here to stay. Even while some hopeful heads reared themselves as alternatives to the Congress raising the debt limit, they seem […]

Share Button
» Read more

Debt is a personal problem: Stop treating it like a financial problem

Are you suffering from insomnia because of escalating credit card debt? Do you really want to sleep peacefully at night? If yes, then the first thing that you need to understand is the fact that debt is not as mere financial problem. It is actually a personal problem. It will be tough for you to digest this fact, but then […]

Share Button
» Read more
1 2 3