It is always a good idea to pay down your debt. Surely, you have heard that mantra before. It is shouted from every personal finance rooftop on the internet. But why is it such a good idea, especially when you look at it in the light applying for a new car loan? There are many reasons you might not be immediately aware of, so here we go.
A gym membership is a great way to get in shape, but sometimes things can go wrong. When I was in high school, I signed up with Gold’s Gym for a one year membership. I had used the gym everyday to get in shape and I was enjoying it. One day that all changed with Gold’s Gym couldn’t pull money from my account any more. After a few more months, I got a call from a lawyer representing Gold’s Gym. They were suing me. Here is the full story.
As a personal finance blogger, I have used or tested quite a few tools and resources in order to help me get to my main financial goals. There are so many websites out there that it can be hard to choose. I wanted to personally hand select some of the helpful money tools for you, so…
I have been working hard on building my emergency fund, so I figured I would finally cash in my coins. I have slowly built up my coins by just adding them into a large wine bottle (a really large bottle) over time. I didn’t pay attention to how many coins I have collected over the years, but I think the amount is getting pretty substantial. Instead of using them to purchase things I don’t need, I figured I would deposit them into my savings account. Unfortunately, this hasn’t been as easy as I thought it would be.
My personal debt story begins the same as many people’s does, with one credit card and the feeling of freedom on the horizon. I got my first credit card during my freshman year in college. I was working at the time, but didn’t earn much. I had enough to pay for gas and go out when I wanted to eat something that was not made during a creative cafeteria night. My credit card was a SonyCard, which gave me points to get free Sony electronics. This was a win-win for me because I love electronics and I love being able to “afford” the things I want. This card was the beginning of a long journey that I will never forget.
Here at Wealth Bytes, we take online privacy very seriously and actively work to protect the privacy of our visitors and mailing list subscribers. Wealth Bytes never shares or sells personal information to any third party. We also do not require any visitors to sign up to receive content or special promotions. This Privacy Policy…
