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Debt Calculators

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There are great resources on the internet that can help you make financial decisions about your debt. I have provided links to a few calculators that I have found very useful.

If you haven’t found them already, they are in the right left sidebar. If you happen to find one on the internet and would like to share, leave a comment and I will add them to the list 🙂

Technorati Tags: debt, debt+calculator

The Debt Looks Better on the Other Side

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I’ve heard this before, and I wonder how true it is. When you make more money, you have more debt.

First thinking about that, I ask myself “How could that be??”

But when I think about it a little bit more, I think I can see how that can happen. When you make more money, you get used to a certain lifestyle. That lifestyle can mean accumulating debt in order to maintain it constantly. Just because you make $300,000 a year, it doesn’t necessarily mean you can afford a $50,000 car without taking out a loan.

Now, if Bill Gates has debt, I would be SUPER surprised 🙂

Technorati Tags: debt, more+debt, bill+gates