Financial shame can take many forms, but at the core it’s about feeling inadequate around money — as if there’s something fundamentally wrong with you. The psychological side effects are real. Financial shame can chip away at your self-esteem and create a cycle that...
When you have lots of different kinds of debt, paying them all down can seem like an impossibility. But there are some tactics out there that can help you pay down debt while making it easier to show your progress. The two main tactics are called avalanche and...
Being in debt is the worst. That’s not just opinion. The Society of Occupational Medicine’s Life Events Inventory, which ranks the level of stress caused by 100 life events, found that “getting into debt beyond means of repayment” received a score of 82/100 for men...
Student loans offer the flexibility to pursue one’s passions in college. But do students fully understand the financial burden that these loans can impose on graduates? Large loans can follow graduates throughout adulthood and limit their options in the job market....
Paying off debt can feel like holding your breath in a very long tunnel. Maybe you’re taking big deep breaths as you prepare to tackle it, maybe you can see the light at the end of the tunnel, or maybe you just came out the other end and can let out a giant sigh of...
You can find yourself sliding down a slippery slope of credit card debt if you’re not careful but, as it turns out, there are ways to wisely incorporate credit cards into your day-to-day life. People rely on credit cards for everything from paying bills to making...
