The Three Worst Things You Can Do in a Debt Support Group

For any kind of interpersonal support group to produce the right benefits, you have to understand that it’s a give-and-take process. You have to give as well as take. You can’t just take and take, and think that the support group will benefit you. It doesn’t work that way. Support groups are essentially organizations that…


How to Size Up Debt Accountability Buddies

I can’t recommend debt support groups enough. Debt support groups not only provide a welcoming, open, and non-judgmental atmosphere that enables you to collaborate with people who are grappling with the same personal financial addiction and mismanagement issues as yours. You don’t feel judged. You don’t feel left out. Also, you are in a position…


The Most Unpleasant Credit Card Advice You’ll Ever Get

There’s just so many personal finance blogs out there. In fact, I would argue that there are too many. The reason why there are too many advice blogs trying to steer you in one direction or another regarding your personal financial is the fact that a lot of them are actually wrong. I’m not talking…


The Three Key Advantages of Online Debt Support Groups

I’ve mentioned in the previous blog post that there are serious disadvantages with using online debt support groups. If you’re trying to overcome personal financial habits that drag you deeper into a debt hole, you need to join the right debt support group. You need people who will share with you the resources that you…


Are Online Debt Support Groups Worth Your Time

You’re a very busy person, as most Americans are. Your time is precious. After all, time is money. For every minute that you spend doing something, you’re, by definition, not doing something else. Unfortunately, if that something else that you could be doing might be putting more dollars in your pocket, then you’re actually wasting…


The Hallmarks of an Excellent Bad Debt Support Group

Make no mistake about it. Depending on where you live in the United States, there are many bad debt support groups available. The problem is they’re not all created equal. Some bad debt support groups function more like sales programs than an actual support group. Some function more like a get together of friends, and…


Do You Really Need a Support Group

I know this is a very funny question to ask because this is the type of question an alcoholic asks. Have you ever talked to an alcoholic? Most of the time, they will tell you that they don’t have a problem. And this is what makes addiction a very hard problem to address. It’s very…


How to Find Debt Support Groups in Your Area

If you’re struggling with debt, keep in mind that you are hardly alone. According to recent studies, over 40% of Americans are only one disaster away from bankruptcy. Imagine that. 40% of Americans are in dire financial straits, and they don’t even know it. This, of course, is the classic case of living from paycheck…


Learn to Spot the Hidden Danger Lurking in Many Balance Transfer Programs

I’m a big fan of balance transfer debt management. After all, who wouldn’t appreciate transferring debt from one pile to the other without paying interests? Who wouldn’t appreciate enjoying a system that enables you to pay down debt without having to worry about your debt expanding due to interest rate fees? The benefits are very…


Learn How to Plan Your Debt For Maximum Ease of Payment

Keep in mind that debt planning is a form of financial engineering that would enable you to better handle your finances in the future. This is pretty much conventional wisdom. After all, as the saying goes, “If you fail to plan, you’re planning to fail.” When you’re operating off a solid plan, everything becomes easier.…