Today is my birthday — will you do me a favor?

I turn 28 today. I know I shouldn't ask for birthday gifts, but I couldn't resist. Will you share one specific thing that I Will Teach You To Be Rich has helped you to do? Maybe it was paying off your debt, or earning more money, or automating your finances. Maybe it was handling money better with your partner. Or ...

Student loans and financial aid: How to save $23,000

When it comes to student loans, financial aid, and higher education, everyone's got an opinion. They just usually happen to be wrong. When I was in high school, it drove me crazy to hear people saying things like, "Oh, I'm not going to apply to Harvard. Even if I could get in, there's no way I could afford the tuition." ...

What would you tell the 30-year old divorcee with 30k of debt?

Jason writes: I'm 30. Just divorced. Not fun. $30k in debt. Freaking me out. I have an old 401k that I rolled over from a previous company into Sharebuilder. Value $8,500. I'm very inclined to withdraw the cash with penalty and pay off a higher interest credit card (13%). I know that mentally and emotionally it will make me ...

Tip #21: Save thousands by pre-paying your debt

This is Tip #21 of of the Save $1,000 in 30 Days Challenge. (See past tips.) Today's tip is to save money on interest payments by paying a little extra off your loan each month. Because loans are usually large amounts spread out over many years, the savings can be significant. The longer the loan, the more you save. ...

My Free Insider's Kit will show you how to earn more money

Excellent comment about debt

A Million Paths leaves this excellent comment on my recent post, When your debt feels like your arm. I was going to say something about how I agree and how debt is bad and blah, blah, but something really bugs me about everyone’s comments. Debt is the new fat. It’s just one more thing to be ashamed about ...

When your debt feels like your arm

"I've been in debt so long that it really doesn't matter whether I pay it off in October vs. March." -- A friend of mine who was talking about going on an international trip despite having $6,000+ in credit card debt. When I suggested NOT GOING BECAUSE THAT'S RIDICULOUS and putting the money towards the debt, my friend pointed ...