A key principle to be aware of about dealing with debt is the idea of not creating anymore debt in the moment or during your day. This is hard for folks to grasp at first because we have ourselves believing there is an unlimited supply of money. We tend to think since we have consumer… »»»

Massive debt has been fueling our spending for the past six months, and our savings rate as a nation is still in negative territory.We know that consumer spending is presently the backbone of the American economy. And our have-it-now society is geared to encourage us to spend. Sustaining the spending is the use of… »»»

If you go to one of the national debt clock sites as I did yesterday, it’ll remind you of the pitiful example our government officials are setting for us. The clocks are there help us realize what’s happening. Today one such clock estimates we are over $9,256,855,000,000.00 in debt as a nation. Looks different… »»»