How to Get Out of Debt in 7 Baby Steps

“How can I get out of debt?,” you may ask. Deep down, you know that debt is a financial bondage. It is a difficult task, admittedly, seeing that it may be massive. Yet, if we take baby steps, we will eventually get out of it.

How Much Debt Does the Average Person Have in the US?

An office worker adds yet another wealth-destroying debt into his already over-flowing sack of debts, and he wonders how he can get out of all this debt.
How much more debt can I bear to take on?

Lexington Law Firm wrote, “Average consumer debt per capita is approximately $12,687 (total consumer debt as of November 2019/total US population as of January 9, 2020). . . Average loans per student equal approximately $82,170 (total student loans in September 2019/total students enrolled in public or private universities in 2019).”

Continue reading “How to Get Out of Debt in 7 Baby Steps”

Is Financial Freedom Only For the Rich?

Finally financially free! Jump for joy!
Free from financial burdens at last!

I used to think that financial freedom is only for the rich. I don’t believe that anymore. Why? This summer I read a book that caused a paradigm shift for me:  Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

Continue reading “Is Financial Freedom Only For the Rich?”