As you go into the weekend, I thought that you might like some good articles to read. Since this site's focus is on getting out of debt, I will highlight those articles first. But, all of the articles listed here are great reads.
Wise Bread has a great article titled 5 Strategies to Wipe Out Your Credit Card Balance. Think really hard about strategy number 5 - Earn More. Too many people in credit card debt don't try to earn more money to get out of debt. This is one of the easiest ways to get out of debt. Short term pain for long term gain.
Generation X Finance has a great article titled Credit Cards and the Minimum Payment. Minimum payments can be deadly. Too many people think that as long as they can afford to pay their minimum payments they are not in financial trouble.
Lazy Man and Money wrote a great piece on Seven Things You Must Do to Prepare for an Emergency. Given that the disaster in Haiti is on everyone's mind, I think that everyone should follow his advice and prepare for an emergency. I would add one more thing - build up your emergency fund.
Christian Personal Finance has a an important article on How to Stay Out of Debt. This article highlights once more that getting out of debt is not difficult to figure out, but requires lots of discipline.
Fiscal Geek has a great article about Why a Storage Unit is the Gateway Drug to Financial Ruin. What a great insight!! If you have so much stuff that you need a storage unit to hold it all, YOU BUY TOO MUCH STUFF.
Frugal Dad writes a great article on Saving With Purpose: Short Term Goals. I love creating short term savings goals. This is the best way to save money.
Well, I hope you like the above personal finance articles as much as I did. Have a great weekend!!
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Thanks for the shout out, hope you have a great weekend.
Paul @ FiscalGeek´s last blog ..Friday Round Up and New Stuff I’m Looking At