Did you know that according to CNBC, 8 out of 10 Americans are in debt? I would imagine that estimating the number of Americans who are in debt is no easy task. But I also think it is safe to say a lot of Americans struggle with it. And CNBC isn't alone in their estimation: I Googled the topic, and most of the postings seemed to agree. Although our anecdotes can often be biased or misguided, I…
It's no secret that student loans are a huge problem. Even though I am now completely debt-free, I still hear about student loans all the time. That says a lot, because we tend to forget about things that don't directly affect our lives. Student loans? Nope, can't forget about those. And that's no surprise: as of January 2018, Americans owe 1.48 trillion dollars toward student loans, surpassing even credit card debt, by $620 billion. Many of those debtors…
In my first post, I mentioned how my primary inspiration for starting this blog was the - to be frank - pretty insane amount of debt I took on in order to earn a college degree. The Problem Is, for Many People, the Debt Just Isn't Worth It. For me, it may have been. I graduated with a degree in Information Technology, and I am still working in a field that leverages my degree. Plus,…