Type "Why Co-Signing" into Google and you will quickly see the suggested searches start with things like: "Why co-signing is bad" and "Why co-signing is a bad idea" Have you ever co-signed for someone before? Or have you ever had someone co-sign for you? Let's see why it's so bad and what you can do instead of co-signing for a friend or family member... What … [Read more...] about Why You Should Never Co-Sign (And 6 Things to Do Instead)
Debt
6 Take-Action Steps to Get Out of Credit Card Debt
Do you know the total credit card debt of the United States population? 793.1 billion dollars. Now you know. And now you have a sick feeling in your stomach. At least, I do. Does that mean credit cards are evil? Nope. It just means people are stupid uneducated. That's the problem. Here's how to fix it... Step 1: Access the Damage Sometimes the first step … [Read more...] about 6 Take-Action Steps to Get Out of Credit Card Debt
5 Reasons You’re Broke and How to Fix It
There is a difference between being broke and being poor. Broke is a temporary states of finances. Poor is a mindset. Before you go on, promise me you will never refer to yourself as poor again. Even if you feel like you are. You may be broke, but you're not poor. Here is why you may be broke and how to stop it... 1. You Bought Too Much House If your house … [Read more...] about 5 Reasons You’re Broke and How to Fix It
3 Powerful Strategies to Pay Off Your Mortgage Early
I have covered buying vs. renting...twice actually. Then I moved on to answering the question: Is it dumb to pay off your mortgage early? After that, I wrote about everything you need to know before you pay off your mortgage early. Today I am giving you strategies for doing exactly that. Paying off your mortgage early. As promised, here are 3 quick strategies to pay … [Read more...] about 3 Powerful Strategies to Pay Off Your Mortgage Early
Everything You Need to Know Before You Start Paying Off Your Home Early (Part 2)
Today is the 2nd and final part in this series. If you missed part 1, you can read it here. One of the discussions that came up in part 1 was about investing instead of paying off your home early. It's a common perspective that you shouldn't pay off your mortgage early, but you should invest the money instead. It makes sense, because mortgage rates are low right now … [Read more...] about Everything You Need to Know Before You Start Paying Off Your Home Early (Part 2)