Tag Archive: debt

Could Easier Payment Methods Lead to More Spending and Debt?

Shopping trends are moving toward easier forms of payment. We’ve moved through cash and check, and most of us swipe some kind of plastic, either a debit card or a credit card, to make payments. However, swiping isn’t the easiest way to pay. There are cards that come with RFID chips that allow you to…

Historic Low Rates: Savers Get the Shaft

On January 25, 2012, the Federal Reserve announced that it will be keeping interest rates at historic low rates near 0%. For the past few years, this has been the state of affairs as the Fed, led by Chairman Ben Bernanke, attempts to stimulate the economy. While historic low rates offer some opportunities for those…

How to Get Out of Debt

Whether you are battling consumer debt or trying to get rid of a mortgage like me, there are steps anyone can take to get out of debt. Depending on your situation, you can concentrate more on spending or more on earning.  You can use these tips on how to get out of debt and back…

My Debt Load

My Debt Load Hello and welcome to our blog (Deptpayer.com).  If you checked out my about page or followed my previous personal finance blog Broke Professionals, then you already know that my wife and I have a high debt load.  In fact, we currently owe (including our mortgage) nearly half a million dollars in debt….

Odd Economic Indicators Revealed

You’ve probably heard the term, ‘sell in May and go away’ in reference to the best time to get out of the market before a summer pull back. Whether or not weather plays a part in it, it is quite intriguing that such a barometer is even researched. It doesn’t end there though, just this…