Personal finance blogs are filled with stories about people who have overcome big personal debt over the years and then write about it to try to help you defeat your own debt. Debt is such a major problem! I get messages from regular folks who need help dealing with debt all the time. Of course the best way to deal with it is to avoid debt in the first place, but that’s easier said than done.
About 15 years ago, after my divorce, I too had racked up thousands of dollars in debt and when I remarried, my wife and I had a combination of over $25,000 in debt on our books (not including my mortgage). That isn’t a real good way to begin a new relationship and frankly, much of it was divorce-related expense, so that there wasn’t really even any shiny, fun stuff to look at and play with despite that debt.Continue reading“Avoid Debt, the Enemy That Can Drag Down Your Finances”