Archive for Debt

  • Debt Collectors- One Called Me

    What a coincidence, since I just wrote about how to handle debt collectors. I picked up a voice mail left on my home phone while I was at work. This is one of the great features of VoIP, the ability to have phone messages recorded and forwarded in a email. Anyway, the message was hilarious, and a...

  • Taking A Look At Debt Snowball Calculators

    There are quite a few debt snowball calculators online. Many of them are fairly basic. The following is a quick review of a few of them. The first debt snowball calculator comes from What’s the Cost. This calculator allows you to enter all of your information on your credit cards. It takes int...

  • Choosing The Best Debt Snowball Method For You

    The debt snowball is the most popular method for reducing debt. In the debt snowball, you pay an extra amount towards your debt on top of your minimum payments. As you payoff balances, you take the amounts from your minimum payments that you are no longer paying and add that to the extra amount. The...

  • Simple Finances: Put Your Debt Reduction On Auto Pilot

    One of the easiest ways to payoff your debt, is to not know that you are doing it. Set everything up to run on auto pilot. If you are planning to eliminate your debt, you need to make it easy for you to be successful. One way to do this, is to forget about your debt payments. If you don’t see t...

  • Rodeo of Debt Reduction #2

    Welcome to the second Rodeo of Debt Reduction here at We’re In Debt. As always, the Rodeo of Debt Reduction is a quick list of posts that caught our eye from the personal finance blogosphere. So, make the jump and get on with the show. 1. The first post that we have to recognize is this awe...

  • Payoff Debt or Fund That Emergency Fund?

    CNN has an article that asks whether or not you should payoff your debt or keep your emergency fund. The answer, to me, is very simple. Always keep your emergency fund fully funded. Our emergency fund is fully funded, and we definitely feel that it should be used only for emergencies. You shoul...

  • DebtFolio – The We’re In Debt Review

    DebtFolio was created by a small startup about 15 miles west of the Queen of Debt and myself. The idea behind the site, is that you can enter in your credit card data (you’ll soon be able to do student loans as well) and you can then track you balances with pretty graphs over time. For more detail...