Category: Debt Elimination

How to get out of debt.

Is Materialism Making You Unhappy? – A Quiz & A Cure

We have been told our whole lives that money can’t buy happiness, but few of us believe it.  British psychologist Richard J. Wiseman, in his outstanding book 59 Seconds: Think a Little, Change a Lot, writes, “In survey after survey, the need for a fatter wallet consistently tops the ‘must have’ list for happiness.” So we…

Happy Money: Principle Four – Pay Now, Consume Later

“Because the pleasure of consumption is purest without the experience of paying for it, anything we can do to separate payment from consumption can enhance the pleasure of the purchase.  – Elizabeth Dunn and Michael Norton from the book Happy Money   Close your eyes and reminisce seeing your favorite band in concert or watching…

The 10 Smartest Things Ever Said About Debt

Debt is a huge problem in the United States.  A recent survey revealed that, of households carrying debt, the average amount owed was $132,000.  More specific data shows that for households holding the following types of debt, the average balances were: Mortgage Debt: $171,775 Credit Cards: $15,310 Auto Loans: $27,188 Student Loans: $48,986 So to help…

Back to the Future: Money and Time Travel

“The essence of finance is time travel. Saving is about moving resources from the present into the future. Financing is about moving resources from the future into the present.” – Matt Levine, Financial Journalist   One of my favorite movies is Back to the Future. The movie is about Marty McFly (Michael J. Fox), an average American…