Should I Be Saving Money Or Paying Down Debt?

On Thursday, I wrote about using a savings account to save up money, then using that amount to pay off a debt. This triggered the

The Lowdown On Private Mortgage Insurance

Note: I was informed by several readers that PMI traditionally stands for private mortgage insurance, so I updated the article to reflect that. Many first

My Wife And I Debate Over Investing Or Paying Off Debt

About a week ago, I mentioned my investment plans now that we have a house. This post happened to be at the top of the


When Debt Forces You To Stay At An Untenable Job

Will wrote in with this terrible lament: My boss keeps ratcheting up the hours that have to be worked and it has reached the point

New Student Loan Benefits & Low-Cost Careers

For many people going to college, they’re scared to get involved with a major that won’t pay a lot. I know I was – after

Which is Best: Pay Off Debts Now Or Avoid Future Ones?

Ken wrote in with an interesting question that sometimes shows that paying down debts might not be the most prudent financial move: My girlfriend and

Debt Repayment 101

Brad’s looking at his debt and wondering where to start: My wife and I are trying to decide what to do with our “extra” income

Investment Risks: Going Into Debt To Invest Money?

Sam wrote in with the following question: I currently have no debt and am thinking of investing in the stock market. I can get loans

Procrastination, Money, And Me

A few days ago, I was reading a post at Money, Matter, and More Musings entitled Some Lessons From My Wallet. In it, the author

Why Debt Reduction is My Personal Finance Target

Recently, I had an individual write to me, telling me a lengthy tale of his mortgage. He was currently paying about 6% on it, but

Need a Home Equity Loan? Answer 3 Questions First.

One of my closest friends has been itching to turn half of his basement into a den of sorts, with a full bar, a big

Retirement Savings or Debt Repayment?

A few days ago, on my post about SmartMoney’s “7 Money Mistakes”, LTruslow left the following comment: I have always had a problem with those

Debt Snowball vs. The High Interest Approach

I’ve been looking for a good real-world example to compare the traditional “debt snowball” approach to the approach of paying off the high-interest loan first

Guilty Money: How Much Do You Have To Spend Frivolously Before You Feel Guilty About It?

Over the weekend, I had an IM conversation with an old friend of mine in which he stated that he felt guilty about spending $50

Six Steps To Eliminate Non-Credit Card Consumer Debt

Quite often, I focus in on credit card debt as one of the biggest pieces of the puzzle for escaping a bad debt situation, and


Looking For A Way Out: “Can’t Quit” Syndrome, The Value of Job Happiness, And How To Escape

I received a very long email from “Tony,” a long time reader, who had this to say (among many other things): I absolutely hate my

Figuring Out A Debt Strategy After The Home Purchase

My wife and I have spent extensive time thinking about a plan for repaying all of our debts after we move into the home. Our

Prepaying On Your Home Loan Is Just A Conservative Investment

One of the regular debates here on The Simple Dollar is the eternal question of whether someone should prepay on their home loan or not.

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