From the category archives:

Debt

How Much Our Debt Costs – February 2010

March 1, 2010
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Each month I detail how much money we pay toward interest on debt each month. The cost of our debt for February, 2010 was $1,189. Inside I also tell you how you can figure the same amounts for yourself… check it out.

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Is It Better to Buy or Rent?

February 23, 2010
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According to my research, renting would have been a far better financial decision for my situation. What about you? Check out my numbers, then run your own to determine whether renting or mortgaging a home is the best financial decision for you.

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IRS Tax Debt Help

February 22, 2010
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Hopefully you do not find yourself in the position of owing income tax, but for those who do I wanted to provide this helpful tax debt information from guest author and tax expert, Matt Robinson.

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A Home Mortgage Means You Pay Double – Limited Income and Wise Spending

February 19, 2010
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We can only earn so much money in our lifetime… considering the fact that we rate chase savings accounts and seek out deals around every corner, should we really pay double the purchase price for our homes by using a home mortgage?

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How To Spend My Tax Refund? C.L. Haddon Answered

February 18, 2010
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DFA Reader C.L. Haddon asks, “I am in debt, how should I spend my $1,000 tax refund?” It is important for C.L. to save money and increase cash flow by reducing expenses and debt. What do you think she should do?

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Lending Club Review – Peer to Peer Lending

February 16, 2010
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Is Lending Club right for you?

Peer to peer lending through Lending Club has been a real blessing to our family. We were able to use it to consolidate our credit card debt and auto loan debt at a lower interest rate with one fixed payment. We did all of this without using a questionable debt consolidation company.

Take matters into your own hands. Consolidate your high interest debt with Lending Club!

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Renting vs. Mortgage and A Solution for Mortgage Free Home Ownership

February 12, 2010
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The lie – “renting is throwing away money.” The truth – renting housing may be a better financial decision than buying a home. Don’t believe me? Check out these calculations on personal equity that prove my point.

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11 Ways We Dove into Debt and How We’re Digging Out

February 9, 2010
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It was not all that long ago that our ‘Debt Free’ Adventure was more like a ‘who cares about how much debt we have’ adventure. Here are 11 ways we dove into debt, along with the changes in mindset that are helping us climb out.

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How Student Loan Interest is Calculated and Why it Varies from Month to Month

February 8, 2010
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Once I started tracking how much we pay in monthly interest toward each debt I noticed our student loan interest amounts varied quite a bit from month to month. So I set out to discover why…

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How Much Our Debt Costs – January 2010

February 4, 2010
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Every month I post updates on the cost of our debt… specifically how much money we pay toward interest on debt each month. This update is for January 2010.

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Lending Club Drops Borrower Interest Rates

February 3, 2010
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Lending Club has lowered their borrower interest rates by 50 points (effectively 0.5%) making now as good a time as ever to consolidate high interest debt! Details inside…

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