It’s not a pretty picture.  Mounting debt can leave one feeling helpless and depressed.  Your back is against the wall and you have nowhere to turn to for help.  Sound familiar?  A lot of us have or are there right now.  But, there is hope.  Here are four steps you can take to get yourself [...]

Everyone has heard the old saying ‘you have to crawl before you walk and walk before you run.’  It’s no different with your finances.  If you look at it any other way, you will continue to feel frustrated and it will be easier to give up than to keep going.
Make an Easy Plan.  The first [...]

You made it through college.  Congratulations.  Oh, and now it is time to begin paying back that monumental student loan for many years to come.
While graduating from college is an exciting time, the reality of the cost of that education can bring one crashing back to earth quickly.  But, you are not without options.  Here [...]

Many times people only try to increase their income to cover expenses and refuse to look at ways that they can cut expenses to help in meeting their monthly budget.
Here’s some easy things at which one can look in order to accomplish this task:
Start Small.  Look for what seems to be the lower, more trivial [...]

I know.  This is too easy.  It’s like an under-handed pitch to a major league hitter – it is out of here!  But, can you make an indulgence for those who really would like the question answered?
Too many people are living paycheck-to-paycheck these days.  It is very difficult to make ends meet - especially with [...]

While some would grit their teeth and say “that’s not good” you might be surprised at this next bit of advice:  Do it, but not too much.
 
People who live by a strict budget and do not allow for the small, occasional indulgences are generally viewed as boring, predictable and miserly.  You should at least reward [...]

Learning how to live on a budget will force you to manage your debt and spending.  Want financial security?  With a small amount of planning, you can have it.  Reduce your debt, cut expenses, while making saving and investing a habit.  You’ll be on your way to reaching financial goals before you know it.
Where to [...]

It sounds like an easy question for most people, but is it really?  You might be surprised at the answer.  The conventional wisdom told you that with renting, you were throwing your money away.  The reason is because you could be building up equity into a home with each payment.  Not to mention the tax [...]

It’s no secret that we here at moneyanswerguy.com advocate the disposal of your credit cards and accounts in favor of a cash-only lifestyle.  But, the reality is that most of you are not there.  And so, rather than beat you up about it, we take a more pragmatic stance in some of our writings to [...]

In today’s economic climate more and more people who are getting near retirement age are asking about reverse mortgages.  It’s all about risk.
What is it?  First, if you are not familiar with a reverse mortgage, it is a loan that is available to U.S. citizens over the age of 62 in which the equity in [...]