If you're like us DINKs, you're probably wondering how to improve your financial bottom line. The recent covid related economic slowdown has torpedoed some people budgets, so some options for seeing immediate gains to one's net worth are limited. One way to immediately improve your bottom line is to pay off your debts. There are several advantages in doing so. First, … [Read more...] about Rough Times: Pay Off Your Debts
Spousal Debt
Couple has $232,000 In Debt – How Does That Happen?
I spend a lot of time on the internet, especially on personal finance blogs. Over this weekend I came across this posting. Evidently its written by a couple from Alaska. The interesting thing is...they have a lot of debt. Not just like a few thousand on a couple of credit cards, they owe about $232,000 in multiple vehicle loans, student loans, credit cards, and personal … [Read more...] about Couple has $232,000 In Debt – How Does That Happen?
How To Actually Know If You Are Responsible for Spousal Debt
We all know (or hopefully know) that marriage is a very serious commitment. You are signing a legal document that comes with a lot more responsibility than just taking care of each other in sickness and in health. This article dives into the topic of debt and whether or not it becomes the spouse's debt as well after marriage. … [Read more...] about How To Actually Know If You Are Responsible for Spousal Debt
