Different Types of Debt

Debt comes in all shapes and sizes. You can owe money to utility companies, banks, credit card providers, and the government. There’s student loan debt, credit card debt, mortgage debt, and much more. But what are the official categories of debt and how do the payoff strategies for these debts differ? Categories of Debt Debt […]

Different Types of Debt is a post from Pocket Your Dollars.

Different Types of Debt

Debt comes in all shapes and sizes. You can owe money to utility companies, banks, credit card providers, and the government. There’s student loan debt, credit card debt, mortgage debt, and much more. But what are the official categories of debt and how do the payoff strategies for these debts differ? Categories of Debt Debt […]

Different Types of Debt is a post from Pocket Your Dollars.

How Different Generations Experience Debt

For the most part, generations are a social construct.  The line that divides a millennial and a “Gen X-er” is oftentimes up for debate and somewhat vague. But paying attention to these generational divides can be helpful. It sheds light on what trends are taking place amongst which age groups and it gives us an […]

How Different Generations Experience Debt is a post from Pocket Your Dollars.

What Is the Fair Debt Collection Practices Act?

If you’re constantly getting hassled by debt collectors, you might be left feeling helpless and anxious. Maybe you’ve thought about putting an end to these relentless phone calls but didn’t know how. The Fair Debt Collection Practices Act (FDCPA) exists to protect us from unfair and abusive debt collection practices.  In the following sections, we […]

What Is the Fair Debt Collection Practices Act? is a post from Pocket Your Dollars.

The No-Cash Envelope System That Works

The post The No-Cash Envelope System That Works appeared first on Penny Pinchin' Mom.

I am a strong believer in the cash envelope system. It works great for our family. But I also know that is not the case for everyone.  You may not want to use cash but love the envelope system concept.  Fortunately, there is a program you can use that marries your desire to use plastic … Read More about The No-Cash Envelope System That Works

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What It Feels Like to Be In Debt (And How to Get Out From Beneath It)

The post What It Feels Like to Be In Debt (And How to Get Out From Beneath It) appeared first on Penny Pinchin' Mom.

This is a sponsored post on behalf of Mr. Cooper.  All opinions are my own and were not influenced by any parties. Consumer debt has just hit an all-time high.  It now tops more than $3.8 trillion.  Not million. Not billion.  Trillion. Being in debt can make you feel as if you are completely alone. … Read More about What It Feels Like to Be In Debt (And How to Get Out From Beneath It)

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How to Stop Using Credit Cards

The post How to Stop Using Credit Cards appeared first on Penny Pinchin' Mom.

The reason most people are in debt is due to credit cards. These little pieces of plastic tempt you with high limits and low payments.  They are simple to use and often a hard habit to break.  You have to teach yourself how to stop using credit cards and end the cycle of more debt. … Read More about How to Stop Using Credit Cards

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How To Pay Off Credit Card Debt Faster

The post How To Pay Off Credit Card Debt Faster appeared first on Penny Pinchin' Mom.

According to NerdWallet, the average credit card debt for the American Family is nearly $16,000.  That is a considerable amount, and the monthly financial burdens can quickly become overwhelming You may feel as if there is no light at the end of the tunnel as you see no end in site.  How in the world … Read More about How To Pay Off Credit Card Debt Faster

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