5 Ways to Reduce Your Credit Card Debt Starting Now

The average American has around $7,000 in credit card debt, according to an estimate by NerdWallet.com. Some people give a long list of excuses for why they’ve landed in such financial trouble, but paying your way out of credit card debt isn’t as hard as it sounds. It’s worth a few hours of your time to save hundreds or even thousands of dollars by following these steps.

7 Enemies of Financial Success

There are certain common barriers to wealth. Since these obstacles arise for everyone, it’s possible to plan in advance to cope with them. First, however, we have to be able to name these enemies so that we can prepare the proper weapons to fight them. This article identifies 7 enemies of financial success.

Monthly Budget Template: Track Your Spending By Month

It’s not fun, glamorous, or even enjoyable. Yet creating a budget is a necessary part of adulthood, and is essentially the first step towards financial stability. Having a working budget in place will help you identify exactly where you stand with your finances. Here are some tips to creating a practical monthly budget to help you keep your finances in check.

What Is Good Debt vs. Bad Debt

While most of us cannot live entirely debt-free, there are major differences between what is considered “good” debt and “bad” debt. To help you make this distinction, it is important to be able to differentiate between wants and needs. Moreover, before borrowing money, you need to determine whether the money is going toward something that will have a positive or negative effect on your overall financial situation. Ultimately, debt is not always bad – it’s how you use it that counts.