Tag Archives: debt
Harvard MBA’s quest to pay $100K debt
B-school grad Joe Mihalic went on an extreme financial diet to pay down over $ 90,000 in debt in just seven months and charted his story through an anonymous blogging project.
College savings advice – CNNMoney.com
Don’t let debt weigh down your retirement
Not so long ago debt “was a four-letter word when spoken in the same breath as “retirement.” Before waltzing into their golden years, older Americans paid off their loans, then celebrated by burning the mortgage.
Retirement advice and news – CNNMoney.com
Government to Take on Royal Mail Pension to Pay Down Debt
Chancellor George Osborne will use a 28 billion pound ($ 44.36 billion) asset transfer from taking on the Royal Mail’s pension fund to pay down government debt next year, a government source said on Sunday.
NYT > Retirement
Market Climbs on Jobs Report, Greek Debt Swap
The market climbed again Friday in very quiet trading to cap a strong finish to the week. We saw some of year’s heaviest selling on Monday and Tuesday, but the market once again proved 2012 is starting as the year of resilience. The Nasdaq (http://www.nasdaq.com/) was the strongest index, gaining 0.6% despite a late afternoon pull-in. On Tuesday, the S P pulled into the 25% retracement zone from the rally that started in December, which is a natural area for strong markets to bounce. Macro bullish (http://en.wikipedia.org/wiki/Market_sentiment) composure remains firmly intact.Stocks were strong early today in response to two bullish events: the consummation of the private Greek (http://en.wikipedia.org/wiki/Greek_language) debt swap and another strong non-farm payrolls number. The Greece (http://maps.google.com/maps?ll=37.9666666667,23.7166666667 spn=10.0,10.0…
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Get Out of Debt: 5 Things to Avoid Selling
So, you want to get out of debt? You have even written a budget and see that this really is possible, but it is going to take some time. That fact motivates you to do even more. Instead of just tightening the screws on the budget, you decide to take another step. You decide to sell something. In fact, you are so fired up about getting out of debt that you begin to look in every room, closet, box, and corner and you begin to think about just selling it all.
In many ways, this is a great attitude. After all, it’s just stuff. It isn’t eternal, and sometimes you have too much of it anyway. (To be honest, most of us – if not all of us – have too much stuff.) You should sell stuff as a way to help you “move the needle” on getting out of debt. However, are there some things you should not sell?
I think so. Here are 5.
1. Heirlooms
Even those family heirlooms are “stuff,” but they represent years of family history, and that time and heritage can never be replaced. There might come a time when these have to go, too, but hang on to them if at all possible. Some of them (if not all of them) have a value that goes far beyond a price tag. This would also hold true for items given to you by a dear friend. Though he/she is not “family,” that item still holds great sentimental value that may never be replaced if you sell it.
Should You Pay Off Your Debt or Invest?
One of the constant, most popular questions I get on the site is, “Should I pay off my debt or invest?“. In one sense, it is a false choice because you can do both. However, human nature being what it is, a lot of folks seem to want to follow an all-or-nothing approach.
There are two considerations: The first is emotional, the second is purely financial. Which appeals to you depends on your personal psychology. Some people feel better being out of debt, while others feel better doing what results in saving the most possible money. Here are some things to consider …
Should You Pay Off Your Debt or Invest? originally appeared on About.com Investing for Beginners on Tuesday, February 28th, 2012 at 01:31:35.
Dow Breaks 13,000 as Investors Cheer Greek Debt Deal
The Dow breaks the 13,000 level Tuesday as investors cheer a second bailout package for Greece.
Click to view a price quote on ^DJI.


