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Tag: debt payoff

June 16, 2014Written By Paula Pant

How an Ordinary Midwestern Couple Paid Off $46,000 in Debt

Bob Lotich was stranded.

He was 20 years old, living alone in a strange city. He didn’t know anyone. He was broke.

His checking account was empty. His savings account was nonexistent. His credit card was only $264 shy of hitting its limit.

He had a glimmer of hope, a faint light on […]

Keep reading...

December 7, 2011Written By Paula Pant

Should I Repay Debt or Invest? – 7 Critical Things to Consider

Today’s letter comes from a 25-year-old reader named Chris, who asks:

“Invest for retirement or pay down debt? This may be more of a personal choice than anything, but I have been subscribed to the ‘pay down your debt before you invest’ camp for about a year now.

I should have my debt […]

Keep reading...

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