PART 13: Out of the red and into the blackDebt can be a distant friend or enemy, but savings is always a dear friend.OverviewTallying the true costs of debtImpact of debt over a lifespanWhy we spend and what we can do about itTake actionMoney management 1016 powerful debt-paydown strategiesTackling debt as a family7 deadly sins that lead to debtBorrowing options that offer a lifelineBankrate readers: How to dump debtSpotlightRadio host Clark Howard disses debtDave Ramsey's advice: Be abnormalGreed causes debt, says Howard DvorkinGerri Detweiler: Save, even while in debtCelebrities talk debt, savingsPollNational poll: What, us worry about debt?National poll: Americans want to save moreMoney MakeoverProfile: The Kellys racked up major debtProblem: They live paycheck to paycheckPlan: They should use a systematic approachLauren Heller improves her savings effortsWendy Reck makes big progress against debtTools & resourcesWork sheets, video clips, glossary and more Part 13 | Part 14 | Part 15 | Part 16 | Part 17 | Part 18Series 3: Growth Series 1: Essentials advertisementRelated Links:What are effects of card debt settlement?Hard times call for hard money choicesLose the high rate, not the credit cardRelated Articles:Mom not kids' crutchLet's make a 'debt' dealPolice: It's your debt
Debt can be a distant friend or enemy, but savings is always a dear friend.
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Dear Debt Adviser, Recently, a collector called me about an unpaid debt from 2002. She threatened to garnish my husband's wages by 25% and "1099" us when we file our taxes. She said we could settle by paying $1,500 immediately.... Read more