New Visitors Privacy Policy Sponsorship Contact Us Media
Baby Boomers Family Green Home and Auto In Critical Condition Just Starting Out Lifestyle Money
-advertisement -
News & Advice Compare Rates Calculators
Rate Alerts  |  Glossary  |  Help
Mortgage Home
Auto CDs &
Retirement Checking &
Taxes Personal

Goodbye debt!

The burden has been taking its toll. You don't sleep well, your back hurts and you can't imagine ever having the freedom to retire. You must get rid of your debt. It is not impossible, but it will take hard work and determination. Do you have it in you? Yes, you do.

Good debt and bad debt
Do you know the kind of debt you've incurred? Find out if it is good or bad.

Get out of debt: Create a spending plan
Your brain is a computer, but it needs more memory. At least in the beginning, use a written guide to track your cash.

Pack away your debts with the payment push
Your good, bad and indifferent debts are all mixed up and you can't tell which is which. Just rank them by interest rate with highest at the top and start chipping away.

- advertisement -

Home equity loans: The basics
A home equity loan can help you dig yourself out of debt. Just be careful not to run up those debts again.

Tools you can use
Household budgeting worksheet
Calculator: The true cost of paying the minimum
Calculator: Calculate your payments on any loan

Illustrations by Brandy Kesl.


-- Posted: Dec. 30, 2004
Looking for more stories like this? We'll send them directly to you!'s corrections policy
top of page
- advertisement -

About Bankrate | Privacy Policy/Your California Privacy Rights | Online Media Kit | Partnerships | Investor Relations | Press Room | Contact Us | Sitemap
NYSE: RATE | RSS Feeds |

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here. ®, Copyright © 2016 Bankrate, Inc., All Rights Reserved, Terms of Use.