Tag Archives: Paying off Debt

Taking Debt Too Lightly

Why is it so easy to go into debt and so hard to get out of it? I think for modern generations, there has been a culture of taking debt too lightly. Fortunately, for some of us, that culture is changing toward one of getting rid of debt or not getting into it in the first place. Meanwhile, there is still a more corporate culture that encourages debt, and it is one, as individuals, that we have to fight against in order to be solvent and live a good life. Being offered a loan, whether it is a home mortgage, … Continue reading →

Five Ways to Stay Motivated to Get Out of Debt

Once you have formed a debt repayment plan, and begin working on it you will begin to see results. As you payoff your smaller debts a feeling of relief will wash over you. If you have a large amount of debt or debts of a larger size it may take you longer to fill the relief. It may also be difficult to stay motivated for the long haul. Here are five easy ways to stay motivated. 1) The best way is to create a chart of some kind in which you can mark off how much debt you have paid … Continue reading →