I’ve seen the enemy and the enemy is me. There is no corner of our everyday lives where this rings truer than our own family finances. Struggling to balance your family’s checkbook can arise from tragedy or the climax of poor decision making, but more often than not, difficult situations become dire by our...
The average college student has over $3,100 in credit card debt. Is a prepaid debit card a good way to teach your child about how to manage a credit card and avoid the norm? Many young adults head off to college thinking the credit card in their pocket is magical. Suddenly, there is...
I don’t think my sister would appreciate me sharing this on the internet, but she’s in a financial bind and it’s because she doesn’t have an emergency fund. In the grand scheme of putting your family finances together, paying off debt is important, but an emergency fund is essential. The Right Choice in a...
If you’ve ever wanted a good reason not to go to college, I’ve got two of them. Usually unemployment causes people to flock to campuses to update and improve their skills. During the recession, the opposite occurred, college graduation rates decreased. The phenomenon confused some economists, so the St. Louis Fed researched the factors...
I feel like sometimes we are so busy destroying debt, beating debt, punching debt in the face and eradicating debt that the real purpose of using debt is lost. Debt is not a boogeyman that sleeps under your bed, grabs your ankles and tortures you with loan balances. For many young families, it’s an...
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