Rising Personal Debt: Last week, The Federal Reserve Bank of New York released debt statistics for the 3rd quarter.  While noting that delinquent mortgages have decreased, the Household Debt and Credit Report states the total debt balance of mortgages has actually increased to $13.95 trillion, $1.3 trillion higher than the previous mortgage peak of $12.68…

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We are in the final quarter of 2019, and facing the most dangerous spending months of the year.  It is time to make your holiday budget plan and your new year’s resolutions for debt free living in 2020!  Here are five hints I’m following this year as part of my resolution to be debt free…

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Well, it has been just over the 6 months I committed to on my spending moratorium.  I have been able to save some money, so I can pay off some of my debt. I do not think I will continue on the spending moratorium to reduce debt, but I do think it has taught me…

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I am constantly looking at fresh approaches to debt freedom, so when I recently came across the 30 day savings rule, I liked that it has a lot of common sense behind it.  Impulse purchases can quickly derail any debt reduction or debt elimination plan, but impulse purchases can be so tempting.  When you see…

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Fall can be a fun time of year, with costume parties, and clam bakes and Octoberfest celebrations.  But for people struggling with debt, fall means more stress as the holidays loom around the corner and that one snarky office person brags about having almost all her shopping done.  If your debt is not already under…

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The clock, a vintage inherited family piece, ticked away the minutes.  Cheryl rolled over and saw it was only 3:42 a.m.  Another night when the worry she had tucked away in the corner of her mind pushed her into consciousness, only to lay awake listening once again to the old clock as it continued to…

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It’s easy to see how others sometimes create financial stress on our budget, but it is amazing how many of us are our own enemies when it comes to debt free financial wellness.  We make several small but positive financial moves.  Our debts are shrinking, or the savings account is growing, or we finally have…

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