Tag Archives: debt reduction

Take control of debt. “The rich rule over the poor, and the borrower is servant to the lender.” —Proverbs 22:7

Should You Focus On Reducing Debt, Saving Or Investing?

It's a trick question: Everything you do with your money is an investment. But debt reduction is one of the best you can make, with guaranteed returns.

Should you focus on debt reduction, saving or investing? It’s a trick question. Everything you…

By Alfred Edmond, Jr.

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He still rocks leisure suits and hates that "hippity hoppity" music. But you might want to listen to grandpa when it comes to handling money. (Image: ThinkStock)

“Now, Back In MY Day!” For New Wealth, Go Old School

The money rules followed by earlier generations may hold the keys to your financial freedom today.

You can call it old fashioned, but many of the rules previous generations followed when…

By Alfred Edmond, Jr.

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2. Reduce debt

Consumer Reports has found that in late 2011, 14 million Americans were still paying off their holiday bills from 2010. If you haven't been able to get out of credit card debt on your own, try boosting your financial fitness by joining a free financial boot camp offered online like MyMoneyCircles.com. This practical, step-by-step program, which I help lead with a team of experts, will help you reduce debt, figure out how to save money and reach a host of financial goals, including all of the financial New Year’s resolutions on this list.

It’s Time to Escape Slavery—From Debt

Free your mind, and your finances will follow. You can't achieve wealth if you won't change the way you think about money.

Too many of us are living beyond our means and pursuing a poverty lifestyle.

By Alfred Edmond, Jr.

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Billion Dollar Challenge Screenshot 1

Campaign to Eliminate a Billion Dollars in Debt To Launch This Weekend

The Billion Dollar Challenge initiative website goes live October 19th

The Billion Dollar Challenge initiative website goes live October 19th

By BLACK ENTERPRISE

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burning money

Stop Burning Cash!

In three real-life situations, experts show how to create a workable budget so you can take control of your money and meet your short- and long-term goals.

Do you smell the odor of burning currency? If you ever find yourself wondering where…

By Bridget McCrea

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Surprise! The IRS Counts Forgiven Debt As Taxable ‘Income’

Just because your lender cleared you of a debt doesn't mean Uncle Sam will when filing your tax return

Consumers are receiving so-called 1099-c “cancellation of debt” tax notices, informing them that the IRS…

By John Simons

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Help! I’m Desperate to Get Rid of Debt!

I really want to get out of student loan debt. I’ve been paying on my…

By Sheiresa Ngo

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05WFL-Hardaway-LIVE

Financial Challenge

Single mom Sophonia Hardaway attempts to balance �competing goals

Sophonia Hardaway saves for her daughter’s ­college education as a way to honor her own…

By Carolyn M. Brown

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5 Ways to Reduce Debt

Start the new year on the right foot. These tips will show you how to lighten your financial load

In 2002, Kristen Tate decided that debt free was the way to be. With a…

By Leslie E. Royal

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