Debt Elimination

ELIMINATE AND AVOID DEBT

One of the most important things you can do in your journey to reach financial independence is to eliminate and avoid debt.

ELIMINATE DEBT

If you're like nearly every other American (and Canadian), then you're in debt - and that means that a portion of every single dollar you earn belongs to someone else. The more debt you have, the more your money belongs to someone else.

So you go to work to earn money to pay back your debts - it's a vicious cycle and you end up getting worked to death.

Forget that! Pick a debt elimination strategy, and eliminate your debt ASAP.

Best Student Loan Refinance Companies & Services

May 6, 2020 By Jackie Leave a Comment
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Chances are, the idea of refinancing student loans may have crossed your mind once or twice. So if you’re looking into that, you’ll want to check out some of the best student loan refinance companies and services. Here are a few to consider.

(As always, we work hard to keep this information up-to-date, but since things can change in an instant be sure to check the individual websites to make sure you understand the exact terms and offers before applying. We strive to provide you with valuable information and resources. Opinions are from the author alone, not from any advertiser or partner. Many or all products featured here are from partners, and we earn from qualifying purchases/signups.)

Note that if you refinance federal student loans, you’ll give up benefits like public service forgiveness and economic hardship programs, so it may not be a good idea to do that.

With that said, here are some of the best student loan refinance companies and services! [Read more…] about Best Student Loan Refinance Companies & Services

From Overburdened with Debt to Debt Free Within 3 Years

March 12, 2019 By Good Nelly 1 Comment
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Today, I am going to share with you a story from our financial journey. It’s about our debt payoff journey and how we overcome financial struggles that shaped the financial life we have today.

If you think that our financial lives were a smooth ride, you’re wrong. In spite of being a personal financial adviser now, once we struggled to repay debt.

This is our story.

Repay Debt Faster by Budgeting for It

September 15, 2018 By Good Nelly Leave a Comment
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Budgeting for debt means you methodically eliminate your debts by planning for it.

Budgeting is often given a wrong meaning. Many people view it as something that puts a stop to every fun thing in life. They mistakenly think that a budget restricts you from eating out or shopping. In short, you’re devoid of any enjoyment if you follow a budget.

However, it’s not like that. At all.

Actually, budgeting helps you to spend money on the things you want. It helps you to take control on your finances and get your financial life on track.

Debt Sucks. Here are Six Ways to Stay Patient and Motivated While It Off.

June 14, 2018 By Good Nelly Leave a Comment
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Everyone know that debt sucks. But paying down debt is one of the major criteria to reach financial independence. You can’t repay your entire debt overnight. You have to be patient. There will be times when your progress will be slow and you’ll have to stay motivated until you’ve repaid that last cent.

Yep, debt sucks. Here are six ways you can stay patient and motivated while paying down debt.

10 Signs You’re On Thin Financial Ice

January 31, 2017 By Ty Roberts 13 Comments
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Have you got a steady income and can afford to pay your bills each month, yet you’ve got an uneasy feeling that you’re headed for some financial trouble? The first sign that you’re on thin financial ice is that you think paying your bills means that everything is good.