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Young debt

Next Generation Debt (Hint: It’s Decreasing)

Several recent posts have talked about the nature of consumer debt in America.  Although older generations have recently added debt, a new article in the Wall Street Journal highlights the character of debt carried by young adults.  The good news?  It’s decreasing. (Note:  the article is subscription-only, but click the graphic and you’ll get the […]

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WSJ debt infographic

Debt, American Style

American consumer debt…what does it look like? The Wall Street Journal recently ran an interesting article titled 12 Debt Myths That Trip Up Consumers. While I intend to cover a couple of those myths in separate blog posts, the article included an infographic summarizing the nature of consumer debt in America. Definitely worth sharing.  Note […]

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mortarboard

Debt Myth: You Don’t Qualify for Student Loans

Do you qualify for Federal student loans? It’s not Breaking News that a college education is expensive and getting moreso at a rate that exceeds the inflation rate.  If you’re a parent of twins or triplets, so much the worse. How that education gets paid depends on personal values, income and assets, among other things. […]

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Credit card users spend more

The Easier It Is, the More We Spend

The research is pretty unambiguous – the average consumer spends more when using a credit card than when paying cash. This probably makes sense to most of us on an intuitive level, but it may seem like the gap would be small.  Furthermore, credit cards have some definite benefits over our traditional transaction mechanism, cash. […]

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credit-card-image

Stuff My Triplets Say – Credit Cards

In celebration of our triplets turning eight today, I’d like to share a conversation that recently took place in our house. Son: Mom, you used your credit card? So you didn’t have to pay? Other son: You have to pay at the end of the month; otherwise, you pay double the next month. And if […]

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