DR 019: How to Get Out of Debt

Debt Relief

Podcast: Play in new window | Download | EmbedThis is the twelfth day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday we had Maxine Sweet from Experian on the show to talk about improving your credit. In today’s podcast, we […]

Published or Updated: January 14, 2014

Follow Me on My Journey Toward Debt Freedom in 2014

Confession: My husband, Ben, and I have been trying to get out of debt for five years now. The truth, though, is that we could have been debt free long ago, if we’d been really serious about it. Instead, we’ve just been playing around with our debt snowball. We’re not the worst money managers in […]

Published or Updated: January 3, 2014

What to do When Your Finances Seem Hopeless

IRS Tax Help

Every once in a while at Dough Roller, we get emails from people in seemingly hopeless financial situations. They are single moms struggling with high debt. They’re low-income, unemployed, or in the middle of a financial or medical crisis. While many of them believe their finances are hopeless, there is always a light at the […]

Published or Updated: October 18, 2013

How to Become Debt Free–A 5 Step Approach

Debt

In this second article in our series on Financial Goals for 30-Somethings, we look at debt. Most of us have debt in our 30s. From mortgages to school loans to credit cards and car loans, some have lots of debt in their 30s. Today, we are going to look at how to become debt free. […]

Published or Updated: October 12, 2013

The Definitive Guide to Student Loans

SAR Example

These days, the majority of college students leave school (with or without a degree) with student loans. While you can take steps to reduce your need for student loans, you may not be able to avoid them. And that’s OK, as long as you know what you’re getting into. So whether you’re a student or […]

Published or Updated: April 3, 2014

Should You Ever Borrow to Pay Off Existing Debt?

question mark twn

At first glance, the question seems preposterous. Why would you ever borrow to pay off an existing debt? Wouldn’t the net result be the same? Actually, borrowing cash to pay off debt is more common than you might think. And that was exactly the question Barbara, a subscriber to my weekly newsletter, asked (you can […]

Published or Updated: September 23, 2013

How I Got Out of Debt in Less Than Two Years

Debt to Income

Hi, my name is Ben, and I’m a debtor. Or at least, I used to be. Two years ago I had $3,000 of credit card debt and didn’t know how to pay it off. I was lucky that I had some powerful things on my side in my fight against debt (more on this in […]

Published or Updated: September 20, 2013

How to Fix Your Savings Plan After a Financial Screw Up

Bad Checks

We all make mistakes. And sometimes those mistakes seem insurmountable. However, there is no reason to admit defeat just because you’ve made a mistake. When I first started college, I let a $75 parking ticket almost ruin me. Initially, it (and other reasons) was the catalyst to me dropping out of school. Thankfully, I got […]

Published or Updated: September 9, 2013

7 Tips for Settling a Debt On Your Own

Target Debt

Before Jennifer Smith’s (not her real name) store went out of business, she had perfect credit: no missed payments and no problems with massive debt. But after the business went under, she found herself with nearly $65,000 in debt on personal credit cards she’d used to keep her business afloat. “I was completely freaking out […]

Published or Updated: July 12, 2013