Between credit card debt, auto loans, mortgages, and student loans, the average American carries more than $137,000 in debt with them. When you consider that the average household income is a tick above $59,000, that’s a big problem.
Getting out debt can seem like an impossible task, but there are several ways to get help or to help yourself. Here’s a closer look at how we find ourselves buried in debt and some best practices to getting back out again.
Many people never get out of debt because of the severe mistakes that they make when trying to pay off the money they owe. Avoiding these mistakes is critical because a lot of people dig themselves deeper into debt by making them. Most people get into debt because of a pattern of mistakes and bad
For our forefathers, the sure way to make life easier and become rich and powerful was through obtaining precious metals – gold, silver, and so on. The majority of them did so by taking them as payment for their crops, their livestock, their handiwork and their services. But those who wanted to go straight to
For nearly every small business owner, cash is most definitely king. In order to increase their bottom line, business owners often cut corners and pay themselves much less than they deserve. The truth is, you have to spend money to make money. That being said, there’s no reason why you shouldn’t be saving wherever possible.
If you are stashing your cash in a regular saving account, you’re missing out on extra money. The average savings account pays an interest rate of 0.07%, the Federal Deposit Insurance Corporation (FDIC) calculated. This is very low compared to what you could be receiving from a high yield savings account. Some of the Best
Typically when we look to earn extra money on the side it involves a part-time job. A part-time job means trading more time for money. If you don’t have extra time to spare or flexible work hours, a part-time job just isn’t feasible. For those of you who don’t have the extra time for a