Debt Free

I want to be Debt FREE!! This is a tricky one, most working adults had one or more debts when they entered the workforce. Debt comes in many shapes and forms and we broadly categorize debt into two – good and bad debt. While good debt can be used to accelerate your wealth generation, bad debt keeps you from doing it. In this section, we will share information on what is a bad debt and tricks and ideas to get rid of bad debt as soon as possible.

How to Get Out of Debt: A Roadmap to Financial Freedom

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Reduce Debt

Note: The information provided in this article is for educational purposes only and should not be considered financial advice. Consult with a professional financial advisor for personalized guidance tailored to your specific circumstances. Are you burdened by the weight of debt? Do you dream of a life free from financial stress, where you can make choices based on your desires rather than your limitations? You’re not alone. Debt can feel suffocating, but the good news is that there are practical strategies to help you break free and achieve financial independence. In this comprehensive guide, we will walk you through effective … Read more

How To Differentiate Good Debt Vs Bad Debt

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good debt vs. bad debt

Do you want to reduce debt? I am sure you have heard about debt consolidation and debt reduction programs. But before you rush into getting rid of debt or acquire new debt. It is worthwhile to understand the difference in Good Debt vs. Bad Debt – ever wondered why some debts are better than others. Let me tell you a story. A few years ago I met this woman who was in her 50s and had a good stable job. This job paid a low six-figure salary but she lived out of her car. When I asked her why she … Read more

Paying Off Debt – 7 Unexpected habits leading you to Debt Hell

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Paying off debt isn’t easy and if you are wondering why your debt just keeps increasing even though you are trying to pay it down hard. You have fallen into the debt hell and probably because of some bad financial habits. Once you get into debt hell it is really hard to come out of it. 7 Bad Financial Habits – preventing you from paying off debt Spending more money than you earn: This simply means you are making less money than what you are spending. This is one of the biggest reasons preventing you from paying off debt. There are … Read more