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What You Need to Know about Debt Forgiveness

Debt forgiveness, either through a government program or an agreement with a creditor, is a valid way to get out of debt and reduce your overall financial burdens. But it’s not all up side; there are some less-than- positive aspects of debt forgiveness that you need to consider before moving …

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Analyzing the Cost of Your Debt

The debt that you carry from month to month has a cost. You might think the cost is simply the amount of interest you pay, but when you understand both the concepts of opportunity costs and the time value of money, you’ll see just how expensive your debt really is. …

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Manage Your Money by Getting Rid of Debt

Too often, we think that money management is all about paying bills on time and avoiding late fees on our various debts. But when you have debt, it means that all you’re doing is managing to spend and obligate your future money right now, which isn’t really what you should …

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10 Easy Budget Hacks

Many people find the process of devoting hours and hours to thinking about money, budget planning, and spending less than enjoyable. If that sounds like you, then use these 10 budget hacks to make budgeting and reaching your financial goals much easier.   Only use cash for spending money. You …

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Important Facts about Student Loans

Student loans are often seen as an unavoidable fact of life, but sometimes, this unquestioning acceptance leads people to make really bad decisions with loans and borrow much more than they actually need to pay for classes and books. A student loan, like any other loan, is a huge responsibility …

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Signs You’re Entering the Debt Danger Zone

Debt can be a helpful part of establishing your financial future. It can be a necessary step in making an investment in something valuable, such as a home or education, or it can help you successfully get through a temporary hardship with a reasonable fee. But debt, like most things, …

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Does Free Money for College Exist? (Part 2)

Last time, we talked about grants and tax credits serving as free money for college. Today, we’re going to look at two more ways you can score free money for your education. Scholarships Like grants, scholarships are offered by numerous organizations. A student may qualify for multiple small scholarships, which …

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