08, 05 May 8th, 2020

Debt-to-Income Ratio

By |2020-05-26T17:46:52-04:00May 8th, 2020|Debt Reduction|0 Comments

Debt-to-income Ratio If you ever wondered how your debt compares to your income and whether your income is sufficient to cover your debt payments, then you need to calculate your debt-to-income ratio. The debt-to-income ratio is defined as the percentage of a consumer's monthly income [...]

30, 04 April 30th, 2020

How to Consolidate Debt

By |2020-05-26T17:47:26-04:00April 30th, 2020|Debt Reduction|Comments Off on How to Consolidate Debt

How To Consolidate Debt Debt consolidation is the process of taking out a loan to replace multiple existing unsecured loans. The whole point is to do away with making multiple repayments and instead simplify life with a single repayment. Debt consolidation also works if a [...]

29, 04 April 29th, 2020

9 Ways to Get Out of Debt (Starting Today)

By |2020-05-26T17:47:37-04:00April 29th, 2020|Debt Reduction|Comments Off on 9 Ways to Get Out of Debt (Starting Today)

How To Get Out Of Debt: 9 Strategies America is a nation in debt. The average credit card debt in the country is about $7000. The average debt overall per person works out to roughly $137,000. Those are not small numbers. While income levels have [...]

07, 08 August 7th, 2015

How to Achieve Financial Freedom (5 Steps to Take Today)

By |2020-04-18T08:19:43-04:00August 7th, 2015|Budgeting, Debt Reduction, How To Guides, Retirement, Stock Market|Comments Off on How to Achieve Financial Freedom (5 Steps to Take Today)

What is Financial Freedom? Financial freedom is the point where you generate passive income outside of your job that is equal to or exceeds your cost of living. This external income, derived from other sources outside of your job, supports your expenses allowing you to [...]