Debt Management Blog

How to Boost your Credit Score with a Secured Card

The frustrating thing about credit cards is that, in order to get a credit card, you have to have reasonably good credit.  But the only way to build a solid credit history is by establishing a pattern of responsible credit card use. See the dilemma?  If you have bad...

What is a Debt Management Plan? And is it Right for You?

Wouldn’t it be great if it were as easy to get out of debt as it is to get into debt?  All it takes is a few months of overspending to create a mound of debt that can take decades to pay back.  There’s no quick fix when it...

8 Worst Debt Pay Off Tactics

Paying off credit card is always a good thing – but when it comes to how you pay off your credit card, not all payment methods are created equally.  Some payment methods should be used with extreme caution.  Some should be avoided altogether – even if you have to...

Maxed Out Credit Cards? Advice for Undoing the Damage

One of the worst parts about credit card debt is that, if you’re not careful, it can creep up on you:  You start out with the best intentions.  You plan to pay off your credit card in full every month.  You plan to treat your credit card like cash,...

Pay Off Credit Card Debt with a Debt Consolidation Loan

If you’re struggling with loads of high-interest credit card debt, there’s a good chance that you’ve at least thought about taking out a debt consolidation loan.  And, I understand the appeal of a consolidation loan, especially if you’re juggling multiple credit cards with hefty balances. But is a consolidation...

Should You Take on Debt? How to Decide

Should You Take on Debt?  How to Decide It might surprise you to know that I’m not 100 percent anti-debt.  As someone who has made a career out of giving debt advice, I know that debt problems can be devastating – especially when there’s high-interest credit card debt involved....

Credit Card Balance Transfer Pros and Cons

If you’re carrying a substantial amount of credit card debt, there’s a good chance that you’ve probably at least considered using a credit card balance transfer to pay off credit card debt that have high interest rates.  And with good reason: With super-low interest rates, balance transfer offers can...

Credit Cards: Are You Using or Abusing Them?

There’s no denying that credit cards are super-convenient:  With a single swipe, you can pay for everything from a tank of gas to your morning coffee.  You can use them to pay bills and earn reward points.  And when you use them responsibly, they can help you boost your...

Break Free From Your Money Rut

Stuck in a Money Rut? Here’s How to Break Free Ever feel like your money is just sort of . . . going nowhere?  It’s a feeling that can creep in when nothing’s really off track, finance-wise, but at the same time, you’re not really making progress toward any...

7 Rules for Safe, Secure Mobile Banking

7 Rules for Safe, Secure Mobile Banking If you have a smartphone, chances are good that you use a mobile app to do some of your banking – and with good reason.  Mobile banking makes it super-easy to stay on top of your finances from anywhere, and at any...