In an ideal world, you wouldn’t have any debt to pass on to your family. But whether it’s caused by circumstances or life choices, some of us will inevitably be in the red even when we’re dead. Let’s take a deeper look at what happens to your debt when you’re gone.
The myth that debt management plans are the only services that counselors provide is just one misconception consumers have about credit counseling. It just happens to be one of the most persistent. So what does actually happen when you sign up for credit counseling? Here are five things to expect.
Nobody likes debt. With credit cards, student loans and car payments, it can start to feel like a monkey on your back. That being said, a few forms of debt actually have some profitable advantages. Let’s take a sober look at how being in the hole can benefit you.
Falling in love, partying, falling out of love, drinking, being drunk in love – pop music covers such a wide variety of topics these days, it’s hard to find a common thread between it all. A disturbing trend has emerged, though: pop songs with horrible financial advice.
Debt is a pain – on your mind and your wallet. Medical debt can be even more daunting because it involves your health! Follow these tips and learn how to manage your medical expenses from start to finish.
As Freddie Mac notes, credit repair is not an overnight fix -- it's something that takes months, even years to achieve. But with time and diligence, anyone can take their bleak financial situation and turn it around. Here are four strategies to help you bounce back.
Keep these important elements of your monthly debt payment in mind. They could mean the difference between a debt-free life with a solid credit history and piles of debt with a not-so-good credit score. Read on to find out what these important elements are.
Residual income is sometimes confused for debt-to-income ratio, which is your monthly income vs. your monthly debt. Residual income is the amount of money that is left over each month after all of your major expenses are paid – including housing, taxes, and debt payments.
Automatic bill pay is convenient, but it's not for everyone. Here are some of the pros and cons of using automatic bill pay.
Whether or not you’re married, money can be a huge source of stress for couples. Depending on how many years and experiences you’ve shared as a couple, you’ve probably had different levels of openness with each other about your finances. Because couples face different challenges at different stages of their relationship, here are some tips for avoiding money woes.