Personal Finance Advice

I married a man just like me. He had no debt going into our marriage and no desire to incur any. This has made it very easy for us to create a financial life together that we both agree on and enjoy. I know many other couples who are not so lucky and this has [...]

Many times I hear people say, “It’s great that you’re debt free, but I’ll never be able to do that. I’ll always have a some kind of debt,” and then they elaborate on why they can never be without a car payment, mortgage, credit card balance, etc. “It’s just the way things, are,” they’ll finally [...]

By Maggie Ellis
It is widely taught in financial education that there are only two kinds of debt that can be considered “good debt”: A mortgage and student loans (as long as they aren’t beyond your ability to repay comfortably). We’re always taught that it’s okay to go into debt to buy a house or another [...]

We all remember fondly the games we played when we were children. There is a simple game that kept me entertained when I was young. It was called Barrel of Monkeys. My Barrel of Monkeys came in a bright yellow plastic barrel with twelve monkeys inside. The monkeys’ arms were sort of S curved and [...]

If you are at all interested in finance, you’ve probably heard that it is necessary to be debt free in order to build substantial wealth. While a few gifted investors manage to build wealth while having a lot of real estate debt (think Trump) or debt that finances a business venture (think the people who [...]