Getting Out of Debt Quickly pt 2

9cents

This is part 2 of a 4 part series on getting out of debt quickly. Make sure that you read all four parts in order to get the most out of this sequence of hints on getting yourself or your family out of the debt trap.

Next you are going to want to try to consolidate all of your debt onto ...

The Truth about Credit Cards and Debt pt 1

truth

This is part one in a two part series about credit card debt and where we actually stand as a nation when you consider the pure numbers. You have probably heard figures like “The average American carries more than $8,000 in credit card debt on average.” But what does this figure mean, exactly? This is a figure that is frequently ...

The Worst Advice I’ve Ever Seen From a Major Publication

credit card mortgages banking

10 Comments

Today, one of our writers came across an article that made me want to throw up just from reading the title: Forget the Mortgage, I’m Paying My Credit Card Bill. Oh man, where do I start? I honestly feel bad for the people that write this crap and for the people that they interview, because they really ...

Reader Story: How I Learned to Stop Worrying and Moved in with Mom

This guest post from Lizzie is part of a new feature here at Get Rich Slowly. Every Sunday will include a reader story (in the new “reader stories” category). Some will be general “how I did X” stories, and others will be examples of how a GRS reader achieved financial success.

Confession time: I read Get Rich Slowly on a daily ...

Pay Off Debt or Invest? Think About Your Rate of Return

Andrew writes in:

My girlfriend and I bought a home last year and qualify for the First Time Homebuyer Credit. When you include my share of this, I will be getting back around $4500 in my tax refund. This is a lot of money to me and I’m trying to decide what to do with it. About half will go toward ...

It Is Not Too Late For Resolutions

Roth IRA

On January 18th of this year, I finally decided I was ready to make some New Year’s resolutions. I’ve never really done the resolution thing in the past, and so I wasn’t compelled to do it come December 31 or January 1. But I recognize that goals are good — and so I came up with some. If you’re already ...

FINANCIAL IQ TEST: How Healthy is your Debt Management?

debt

By Nora Dunn

How well do you understand your debt and how to manage it? Do you know the different types of credit available to you, and how to manage your credit rating? Do you live within your means, or are you up to your eyeballs and sinking?

Following is a Financial IQ Test to help you determine how healthy ...

Trimming the Average Budget: Miscellaneous (Including a Surprising Biggie)

This is part of an ongoing series about how to trim the budget of the average American. As this series focuses on such broad-based tips, some will work for you and some will not. You’re invited to mention in the comments the tips that you found to be the most useful for inclusion in a comprehensive budget trimming ...

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