How To Have A 20-Minute Conversation With A Partner About Money

How To Have A 20-Minute Conversation With A Partner About Money

The lifestyle changes you need to get out of debt can seem overwhelming. They can seem impossible if you don’t feel your partner isn’t on board with your plan. That’s why it can be very helpful to set up a dedicated 20-minute conversation where the two of you discuss it so you can get them on your wagon of change. But you’ll want to set up the parameters and a few ground rules so that the two of you will get the most out of the talk. [More]

Stop Yourself From Overusing Credit Cards By Demagnetizing Them

Stop Yourself From Overusing Credit Cards By Demagnetizing Them

People who have a hard time exercising willpower over their credit card use sometimes find it necessary/helpful to take some extreme steps. Besides cutting them up or freezing them, Lifehacker points out that serial impulse-swipers can help limit their spending by demagnetizing their cards. Just rub a high-strength magnet, like the kind found in a hard-drive, over the strip. It will be harder to go for a spree at the mall because the card number would have to be punched in by hand, but you will be able to make purchases online for airline tickets and such. If the primary way that you overspend is through a real-world shopping romp, this could be one way to curb your bad habit. [More]

Remember To Reward Yourself For Paying Off Debt

Remember To Reward Yourself For Paying Off Debt

Getting out of a debt can be a long slog. It demands willpower and making sacrifices. It’s usually not very fun. So to make it easier, it’s a good idea to give yourself a little treat along the way to reward yourself for sticking to the path. [More]

Halfway To Paying Off $70,000 In Debt

Halfway To Paying Off $70,000 In Debt

A debt blogger is midway through paying off $70,000 in credit card debt using the “debt snowball” method. Great stuff! [More]

SNL Teaches The Secret To Staying Debt Free

SNL Teaches The Secret To Staying Debt Free

With the economy in the pooper, it’s time to repost this classic Saturday Night Live sketch which contains the most important secret to staying out of debt and living happily. Starring Steve Martin, Amy Poehler and Chris Parnell, this gem distills the one essential trick to just one single phrase… [More]

Wife Sues Debt Collector For Husband's Death

Wife Sues Debt Collector For Husband's Death

As we told you in September, a woman is suing a debt collector for her husband’s final heart attack and death. [More]

5 Expenses To Cut Right Now If You're In Debt

5 Expenses To Cut Right Now If You're In Debt

Let’s say that like so many storied former-investment-banking-giants, you, the average consumer, have found yourself over-leveraged (wink, wink) and are looking to clean up your act before the whole thing falls down around you like the house of cards it is. Well, since you can’t increase revenue at will, you’ll have to decrease your costs. Where should you start? Here are 5 expenses that you can cut right now — so you can take the extra cash and throw it at your debt.