A New Way to Consider Personal Finance

Through the past few years, many of us have been conditioned to believe that being in debt is a bad thing. While it certainly may be true that debt is dangerous in the wrong hands, there are actually many ways that debt can be very effective and can actually help you get more money. This is referred to as leveraging your debt to increase your wealth. If this is a new concept for you, let’s go over a few points on why this method of personal finance can be so successful.

Are Your Finances a Wreck?

As the housing crisis worsens and the economy looks increasingly weak, most Americans are facing the reality that their finances are in a bit of a wreck. Chronic overspending, a lack of savings and too much bad debt have left many in a financial condition that they would prefer not to be in. Here are some top warning signs that your finances are in a wreck, and how to get out of the problem.