So you’ve budgeted your heart out. Nice work. And you are spending less than you are earning. Enthusiastic high five! And your budget has revealed to you that you previously thrown off cash like a Kardashian jettisons marriages (We’ll be here all night! Try the shrimp!)? Womp womp. The result of your former ways may very well be (in fact, statistically speaking, almost certainly is…) the American Dream-maker… DEBT! Or you may have mountains of debt and framed papers on your wall to show for it. Or perhaps a lovely 4 bedroom craftsman-style home, replete with open concept kitchen remodel with bleached faux barn wood flooring. Regardless of how you got here… shall we consider how to deal with debt? (Yes, let’s!)
Jeff Davenport is a longtime friend of everyone over here at Abraham’s Wallet, and he’s just published his first book – I am a...
Poverty is invisible; it exists in your work ethic, your personal discipline, your aversion to pain, and even your ability to make a plan....
Mark Parrett and Steven Manuel discuss retirement (6:50) Why do people feel guilty about this concept? What are some common misperceptions? What is the...