Average Joe Ways to Eliminate Different Kinds of Debt

  Tonight I’m bringing you a guest post from Mrs. LLC of Lovely Life Cents. She’s relatively new to the game of personal finance and still looking for her voice. Check out her new blog if you want to get a fresh take!   Debt. Debt. Debt.   It’s on everyone’s mind mainly because everyone’s got it. At this point in society, the average joe is going to take on debt if they want to move forward in life.   For instance, if you want to buy a house, you’ll have to take out a mortgage unless you’re Mr. Money Bags. Want to go to college? Your typical college graduate is laden with tens of thousands in student debt after four years of higher education. Need to buy groceries every week on a biweekly paycheck? Well, take out a credit card and…

Dave Ramsey Gives Great Advice–But Here’s Where He’s Wrong

This post may contain affiliate links. I never recommend something I haven’t tried myself. All opinions are 100% mine.   If you’re familiar at all with public figures in the personal finance realm, you’ve likely heard of Dave Ramsey. He’s a radio host, author and motivational speaker with a Christian perspective, who teaches people how to beat debt and build wealth with his 7 Baby Steps. A few of his hallmarks: he’s anti-debt and pro-cash. He has a lot of great advice, but there’s one piece of his program that I really disagree with—and listening to it could potentially cost you a whole lot of money.   So, let’s first talk about his program. Dave Ramsey developed the Financial Peace University and if your financial prowess consists of simply collecting your paycheck and paying your bills, then it’s…