Debt Archives - All Things Finance

5 Ways You Can Avoid Bankruptcy

October 2021 By Sam Hayes Leave a Comment

Many people face financial constraints, and it is how they handle the problem that offers the solution. In extreme cases, you might want to look for a more targeted solution to the problem. Filing for bankruptcy is among the many ways. You should, however, view bankruptcy as the last-ditch in your plan. In cases where […]

Filed Under: Debt, Personal Finance

Timeshare Maintenance Fees Drain Owner’s Wallets

April 2021 By Sam Hayes Leave a Comment

As you begin the process of budgeting and saving money, it’s important to spend some time evaluating whether your timeshare is helping you or hurting you. Timeshares are an expensive proposition, and they tend to drain the wallets of their owners over time. If you have a timeshare, chances are you’re spending far more money […]

Filed Under: Debt, Housing

7 Tips to Help You Cut Down Your Debt

February 2021 By Sam Hayes Leave a Comment

Debt can be crippling if you let it build up without attempting to pay it down. Sometimes you can end up deep in debt because of an unexpected expense or problem, and it can feel impossible to get out of the debt you’re in. Especially after 2020 when so many people lost their jobs and […]

Filed Under: Debt

The Problems That Come With Being a 30K Millionaire

November 2020 By Brian Lesko Leave a Comment

I’ve recently been introduced to the concept of the 30K millionaire. Apparently, the concept has been around for several years, but I first heard of it about a month ago. So, what exactly is a 30K millionaire? I decided to do some research and share what I found with you. So, What Is a 30K […]

Filed Under: Debt, Personal Finance Tagged With: 30k millionaire, keeping up with the Joneses, living beyond your means

Personal Financial Update June 2020

June 2020 By Brian Lesko Leave a Comment

June has arrived and with it my personal financial update, June 2020. Our pool is open, the garden is planted, and we were able to do our first kayak trip of the season on the river near our cabin. The world is still in turmoil, as the coronavirus is still infecting millions of people, and […]

Filed Under: Debt, Economy, Personal Finance Tagged With: coronavirus, emergency fund, personal debt reduction, personal finance

Mortgage Refinance Checklist

May 2020 By Brian Lesko Leave a Comment

Refinancing your mortgage is an excellent way to save money and shorten the term of your loan. But you need to do your research to see if a refinance is right for you. Interest rates are at historic lows, but a low rate alone is not a reason to refinance. Here is a mortgage refinance […]

Filed Under: Debt, Economy, Personal Finance Tagged With: mortgage, mortgage refinance, refinancing, refinancing checklist

Dealing with the Coronavirus. Personal Reflection APR 2020

April 2020 By Brian Lesko Leave a Comment

April is already more than half over. It’s still cold here however, as it’s going down into the mid 20’s tonight. So, Spring has not sprung just yet. I have managed to cut my grass for the first time, and I cleaned out my mulch beds. More work to come once it finally warms up. […]

Filed Under: Credit, Debt, Personal Finance Tagged With: coronavirus, coronavirus fears, dealing with debt, debt relief

Coronavirus Credit Card Relief Programs

April 2020 By Brian Lesko Leave a Comment

If you are carrying a balance on credit cards and have suffered a job loss or income reduction due to the Coronavirus pandemic, then you may qualify for some relief. Multiple credit card issuers have launched programs to assist customers who may have trouble meeting their payment obligations during these unprecedented times. I’ve compiled a […]

Filed Under: Credit, Debt, Economy, Personal Finance Tagged With: coronavirus credit card relief, credit card help, credit card relief, debt relief

Can You Buy a House With Student Loan Debt? Yes, Here’s How to Tackle It

February 2020 By Susan Paige Leave a Comment

While the idea of the house with the white picket fence has morphed and modernized, the dream of homeownership is still very real for the average American. And while the call of homeownership remains steadfast, the cost of higher education has increased dramatically, strapping even the most financially prepared students with student loan debt. There’s […]

Filed Under: Debt, Real Estate

First 7 Things to Do After Becoming Debt Free