Posts tagged as:

debt

What's More Important: An Emergency Fund or Being Debt Free?

Thumbnail image for What's More Important: An Emergency Fund or Being Debt Free?

Having an emergency fund is one of the most important steps to financial freedom, but if you listen to some personal finance pundits, it's not as important as being debt free. (Dave Ramsey, I'm looking at you.)
When you're financially free, you're out of debt and have a 3-6 month emergency fund, but when you're just [...]

Read the full article →

Ask the Readers: When is it Right to Get a Loan?

Thumbnail image for Ask the Readers: When is it Right to Get a Loan?

Taking on debt is a hotly debated topic in the personal finance world.
Most people feel — including myself — feel that you should take on as little debt as possible during your life, but there are certain times when it is appropriate.
There are others who feel that at no time should you ever take on [...]

Read the full article →

Ask the Readers: What Debts are You Currently Paying Off?

Thumbnail image for Ask the Readers: What Debts are You Currently Paying Off?

If you're not one of the people focusing on paying off debt in the wake of the recession, it's time for you to join the bandwagon.
Everyone — from those with only credit card bills to those with tons of debt — is starting to get their financial act together.
So, I want to know just what [...]

Read the full article →

Weekend Linkage: Suze Orman, Clutter and Debt Collectors

As we got closer and closer to the end of the year, you'll start to see (and make) resolutions about 2010. Maybe you're going to finally quit smoking, or start getting out of debt, or spend less (or more) time watching TV.
Whatever your resolution, remember that it's up to you to get going and stay [...]

Read the full article →

Weekend Linkage: Good Debt, True Costs and Psychology

Is there such a thing as good debt?
If you ask someone like Dave Ramsey, debt is always bad. The Mint Blog, on the other hand, examines the possibility of good debt, such as affordable housing, education and a car to get to work.
Bottom line: The best kind of debt is debt you can afford. This [...]

Read the full article →

Why Can't the Government Get Out of Debt?

Thumbnail image for Why Can't the Government Get Out of Debt?

The United States Treasury will lose borrowing authority sometime in October when the national debt reaches the legislated ceiling passed by Congress.
Treasury Secretary Geithner will have to ask for an increase, which Congress will grant, but he is bracing for the usual politics. Many in Congress use the opportunity to make government debt their number [...]

Read the full article →

Weekend Linkage: Debit Cards, Debt Free and Emergency Funds

While most of the Weekend Linkage posts tend to highlight stories from personal finance bloggers, this week, we're showcasing two links from the granddaddy publisher of them all: the New York Times.
I've ragged on the mainstream media before for not knowing how to publish useful personal finance content, but the Times comes through with two [...]

Read the full article →