Get Out of Debt Archives - My Life, I Guess

Stressed woman looking at an empty wallet

Debt Collectors Calling? Don’t Panic! Follow These 11 Simple Steps Instead

March 15, 2023March 3, 2023

When you’re having financial problems, one of the most dreadful and embarrassing sounds is the phone ringing when debt collectors begin to call. They will call for any late payment from credit cards and medical debt to student loans and more. Debt collectors are not trying to be troublesome and anxiety-inducing; they are just doing their jobs. When you aren’t prepared to deal with debt collectors, you endanger your finances. It is best to stay …

a couple looking over their unpaid bills

Need Help With Your Bills? How to Get Financial Assistance

March 15, 2023August 17, 2022

Life is usually good when you have enough money to pay your bills, not have debt, and enjoy the leftover money you may have. Now, if you get laid off, life gets a bit more stressful. The bills you may have started eating up into your savings, and you will be at a place where you need help with bills being paid. This is super unfortunate and can happen to many people. What do you …

a man stressed about a bill with his wife and child

Straightforward Ways to Get Out of Debt

March 15, 2023August 16, 2022

Financial freedom might seem out of reach while staring up at a mountain of debt, but no one appears at the top of Mt. Everest. You get there one step at a time. “Right now, many Americans are a medical emergency or a natural disaster away from bankruptcy,” says Debt.com chairman Howard Dvorkin, CPA. “Their finances are so precarious, any income disruption or debt addition would push them over a cliff.” You’ll be much more …

Digging Out of Holiday Debt

March 15, 2023January 4, 2022

Could Gen Z be on the precipice of mirroring Millennials’ financial woes during the Great Recession? Now that the post-holiday bills have started creeping in, many people are quaking in their boots at the thought of hefty bills eating away at their bank account. The pandemic has been a harsh reminder of how fleeting financial security can be, especially for younger generations. In this coming-of-age story, we’ll look at how the pandemic has shaken things …

Debt Consolidation Loans Explained: 6 Things You Need to Know

March 15, 2023December 29, 2021

Debt is a problem for many Americans. Especially in the holiday season. So, what will you do when the holidays are over, and your credit card debt is piling up? Debt consolidation loans are a great way to combine your debt into one monthly payment, with less interest than you were paying on each credit card. It is a fix that will not only help you pay off your debt but save money in interest …

Your 5 Step Guide to Getting Debt Relief Fast

March 15, 2023November 24, 2021

Carrying balances on multiple credit cards is stressful and expensive, and paying them off quickly can be a challenge. That’s especially true if you are living paycheck-to-paycheck or dealing with other debts simultaneously, like student loans. But it is possible to get debt relief even with those challenges. This 5 Step guide can help you develop a plan to pay off your debt or identify the best debt relief option when a traditional payoff plan …

The NFL and IOU: 10 Debt Lessons You Can Learn from Football Players

March 15, 2023October 28, 2021

In the 1990s, football was my life. I was a placekicker for the New York Jets, Seattle Seahawks, and Buffalo Bills. My career highlight was leading the AFC in touchbacks in 1995. If you don’t know what any of that means, let me explain it another way: I played the nation’s most popular sport, and I did it very well for a little while. But then it was over because NFL careers average just over …

How To Get Out of Debt Fast: 10+ Tips You Need To Know Now

March 15, 2023September 10, 2021

There are many reasons why people get into debt. Many don’t know how to get out of it, but this article will show you what you need to do to get that weight off your shoulders! This post will give you some practical suggestions on how to save money and pay down debts. It is possible for anyone, regardless of their situation, income level, or credit score. The first step is recognizing the problem and …

young couple looking stressed with a pile of bills in front of them

Here is Your Complete Guide to Debt Relief

March 15, 2023June 23, 2021

Do you face problems when it comes to managing your debt? Or are you struggling with massive debt that you don’t think you will be able to clear in the future? If so, then it’s better to go for debt relief options. A debt relief program is ideal for people who are getting into debt with time. Also, people who have to pay more interest rates with time on different types of debts need to …

How to Get Out of Debt: 13 Expert-Backed Steps for Success

March 15, 2023June 9, 2021

Dealing with debt can feel like a hopeless situation. You try your best to make your payments, but interest charges eat up all your progress. The next month, you’re back to square one. Sound familiar? Don’t worry: You don’t have to be stuck with debt forever. We reached out to several experts and got their best tips for how to get out of debt. Here’s what they had to say. 1. Find Your Motivation Before …

How I Paid Off Half of My $50,000 Debt in Under a Year (It’s Probably Not What You Think)

March 15, 2023February 1, 2021

Yes, you read that headline right. I paid off approximately half of my $53,500 of debt in less than a year! During a pandemic. On a net income of about $65,000 CAD (for 2 of us). But it’s probably not what you think. I didn’t put $25,000 – approximately 40% of our income – towards my debt repayment. My husband and I didn’t live off of $40,000 for a year. I Filed for Bankruptcy It …