Many people struggle with debt. And thanks to high interest rates, rising costs of living, and other challenging financial conditions, that debt can be particularly hard to get out of these days.

THERE is no complicated formula for getting out of debt. The principle is simple: you must consistently spend less than you earn. That’s it. No shortcuts, no hacks, no secret system. Knowing this ...

Getting out of debt can be challenging and complex. Short of making minimum payments to chip away at your credit card bills or earning extra money through a side gig, just how do you avoid the dreaded ...

There are almost 45 million Americans with student loan debt. On average, they owe about $36,000 each. Making those payments isn’t fun when there isn’t a pandemic. But, there was a tiny provision in ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. After all, a lot can happen between defaulting on a debt and it landing ...

Medical debt impacts nearly 700,000 Michigan residents, according to Gov. Gretchen Whitmer. Whitmer announced support from a nonprofit to eliminate debt for some of those staring down those big bills.

As I always say, living on a written, monthly budget is a key factor in getting out of debt, staying out of debt and saving money. As for a “unique” step we took to save money — maybe it wasn’t that ...

People can feel a lot of shame about being in credit card debt. They think it means they're bad with money. That it's something to avoid, or a burden they can never pay off. But for financial educator ...