Are you worried you may need help? Here are a few warning signs that might just confirm that fear. Fear of the Calendar At the end of the money, is there more month that you can afford? Many people struggling with debt are spending more than they bring home each month. This compounds the problem …
by rmi 
Whether you’ve accrued debt due to living beyond your means or as a result of a medical or other emergency, looking at your spending habits is a good way of beginning the journey to both paying down debt and being free of debt for good. We know that having a debt payoff plan is the most beneficial tool for attacking your debt.
by rmi 
In our busy lives it is easy to not pay attention to our spending with the possible result that we find ourselves with lots of things and a lot of accompanying debt. Paying down debt is important in its own right, but while you are learning how to save money to pay down your debt, it might be just as important to learn how to live in such a way that you are not adding to your debt as you pay it off, and that you aren’t waiting until the day your debt is paid down to make large, unnecessary purchases that land you in debt again.
by rmi 
When money is really tight, there isn’t much wiggle room in your budget, or you just want to pay down debt as fast as possible, it’s tempting to just decide to get a second job to fix your debt problems. A second income can seem like the perfect way to earn more money to reach your financial goals sooner, but there can often be hidden concerns that come with having a second job. There are many things to consider when deciding to get a second job. Making sure you’ve thought through these issues for yourself is paramount in whether or not a second job is right for you to help pay down or get out of debt.
by rmi 
Financial hardships can come out of nowhere: an unforeseen medical emergency, a natural disaster, an unexpected house repair, or loss of a job can jostle even those most well-prepared financially. During this setback, it may be tempting to dip into your retirement savings.
by rmi When you’re in the market for your next car or truck, the salesmen and the showrooms can seem like pretty intimidating places. Whether you’re better off with a new car or selecting a used or “pre-owned” vehicle depends upon a number of factors, and there isn’t one right answer for everyone. While a friend of …
by rmi The holiday season is a festive time of year filled with valuable family time and an endless supply of unforgettable memories. For many, these feelings of seasonal happiness may have caused you to lose control of your holiday spending. There is nothing to be embarrassed about; you’re not the only one. Many Americans struggle …
by rmi Living with extreme debt is an all-encompassing experience. It can feel like there is never rest from your ballooning financial obligation. Every hour is filled with dread as your owed accumulated amount grows. It’s not uncommon to have difficult feelings during this time. Things are not made more comfortable with the introduction of collection agency …
by rmi It is increasingly likely that many Americans will enter retirement with some form of credit card debt. The average credit card debt among U.S. households in 2017 was $6,375, with the average credit card debt of those just entering retirement age at $7,550, according to Experian’s annual study on the state of credit and debt …
by rmi As parents, we try to prepare our children for the world. We pass on concepts like the importance of education and the power of charity work. When it comes to more taboo subjects, it can be challenging to get the conversation started. One such taboo talking point is money, especially debt and savings. It is …
by rmi