What we have done to future generations over the past 30 years is absolutely criminal.  30 years ago the U.S. national debt was a bit under one trillion dollars, and at that time it was considered a huge national crisis. Today, the national debt is 14 times larger and the years ahead look absolutely apocalyptic [...]

You have several options for paying your debt. None of these options are ideal, because ideally you wouldn’t have any debt to pay at all. There are drawbacks to each option, so keep in mind that you’re simply choosing the option that works best for you and your finances. 1. Pay as Normal Paying your debt off under [...]

There are literally thousands of books written about getting out of debt. There are thousands of blogs updated daily with tips and hacks to getting out of debt. In all honesty, there’s so much info out there about getting debt free, it’s a little bit overkill. But in the end, regardless of how much literature [...]

Perhaps one of the most dangerous financial situations someone can be in is that of debt, because debt is financial slavery. If you’re in debt to someone, they can sue you and confiscate some of your wealth. In 4 states (including the state where I live) they can put you in jail at least for a few [...]

When most people share opinions on the US debt, they speak in terms of the future. They’ll remark about the incredible burden that rising debt will cause for their grandchildren. Although it is certainly true that long-term debt is a major concern, the rising American bill could matter sooner rather than later. So why does [...]