2013-09-25
Here is a link to a good article - with some interesting discussion in the comments - about a young graduate who wants to know if he should invest or pay of his student loan debt.
My preference in the case mentioned would be to concentrate on paying off his debt as rapidly as possible for a few years any way but since we don't know what his job is, or his future prospects, I see far to many people who either neglect to deal with their debt early and find it greatly restricts their flexibility in future years or who take on additional debt (mortgages, car loans, credit cards etc.) without a plan or any room for error. I'm a strong believer in only carrying debt one can manage.
2025-01-08
Lifestyle Debt
Imagine this: you’ve just signed up for a gym membership, bought into a timeshare, or switched to a new service plan after someone convinced you it was a good idea. Now, you’re having second thoughts. It’s called buyer’s remorse, and it’s more common than you might think. But here’s the good news: buyer’s remorse laws exist to protect you.
2024-12-18
Lifestyle Debt
The holidays are a time for gathering with friends and family, sharing laughter, and creating memories. But hosting a holiday party can get expensive, especially with rising costs these days. Thankfully, you don’t need to spend a fortune to throw a memorable celebration. Here are some ways on how to host a fantastic holiday party on a budget.
2024-12-03
Lifestyle Debt
Debt can be a double-edged sword. On one hand, it can be a valuable tool to build credit and achieve financial goals, like buying a home or pursuing higher education. On the other hand, bad debt—like unmanaged credit cards and payday loans—can spiral out of control and lead to significant financial stress if not managed carefully.
