Debt Reduction

When Are Payday Loans a Swindle and When Are They Are a Lifesaver?

June 27, 2011

The following is a guest post on payday loans. These are two different looks at the idea of a short term loan. They don’t call them loan sharks because they play like dolphins. Predatory lenders are infamous for their clever capacity to prey on people who often find themselves in the position where they need [...]

Read the full article →

5 Ways to Graduate College with Zero Debt

June 19, 2011

If you have high credit card debt, most people believe that you can’t properly manage your finances. If you have high student loan debt, however, you’re just considered part of the social norm. Everyone has student loan debt, right? Wrong. In fact, most students who do have high student loan debt could have avoided pulling [...]

Read the full article →

Investing Your Student Loans– The Positive Side

April 28, 2011

A while back I wrote about the idea of investing your student loans. I was pretty negative on the idea because I’m not a fan of investing money that isn’t yours. The other day a Studenomics’ reader opened up an interesting point by bringing up the opposite side of the spectrum. Daniel is more positive [...]

Read the full article →

How Serious Are You About Your Debt?

April 23, 2011

How serious are you about your debt? Are you doing everything possible to pay off your debt? I’ve had a few setbacks lately. Car problems along with a string of bad luck resulted in my credit card being swiped more than usual. I put a few unexpected expenses on my credit card. It really sucks [...]

Read the full article →

Paying Off Student Loans– Don’t Rush!

March 14, 2011

Few students can afford to pay for their post secondary education without some form of education financing. The average student debt for graduating students in Canada is over $20,000, seriously harming their financial position as they enter the workforce. But should they be concentrating on paying off student loans right away? Delay Payments with Interest [...]

Read the full article →

← Previous Entries

Next Entries →