Get Rich Slowly

If you’re new here, you may want to learn what this site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!Twenty years ago I was a freshman in college. I was a poor kid from a poor family, but my roommates came from wealth. In order to fit in, [...]

This is a guest-post from Free Money Finance. It’s a follow-up to Mrs. Micah’s post earlier today.
A few weeks ago, J.D. and I were chatting when he asked me what it felt like to be debt-free. He’d read on my blog that I had no debt and was curious if I’d write about it for [...]

USA Today recently featured a nervous article about the economy. According to the authors, the U.S. credit crisis isn’t just a problem for big banks — it’s also a problem for you and me.
As the credit crisis seeps into farther-flung corners of the economy, more of us will find it harder — and costlier — [...]

I had dinner with my friend Sue the other night. Over pasta and clams, we talked about life and money. She told me about her brother. “He’s a compulsive spender,” said Sue. “He spends money even when he doesn’t have any.”
“What do you mean?” I asked.
“Well,” she said, “for one thing, he spends his [...]

There are certain aspects of personal finance that I’ve never had to deal with. Student loans are one of these. But student loans are a huge concern for many people. This guest-post from SJean is an introduction to repaying these debts.
There are really two things to know about student loans: How to get them, and [...]

This morning’s discussion about credit cards and emergency funds was interesting. Many commenters noted that if you have a history of using credit responsibly, a credit card can actually make an acceptable buffer in case of the unforeseen.
JenK made an analogy I like: “Credit cards, like knives, are not risky in and of themselves. [...]

Sometimes I wonder: Have I always had personal finance conversations all the time? I don’t often initiate them, but money seems to be a constant topic, even when people are unaware that I write about it every day.
Just this morning, for example, I met with a fellow who needs some boxes to ship his woodworking [...]

I will be debt-free by Christmas.
In just a few weeks, I will have repaid all my consumer debt. Only my mortgage will remain. It’s taken a lot of hard work and sacrifice, but the end is near. I’m wondering, though, if I’m ready for the transition.
For three years, I’ve focused on becoming debt-free. Many [...]

Brad Reagan at Smart Money has advice on how to live debt-free. His article is really about how to get debt free, and it contains some useful tips.

Keeping your debt load as light and as cheap as possible is the key to a more secure future and to guilt-free spending on the things you need [...]

I’ve received several questions lately from young adults, just out of school, who are finding it difficult to make ends meet. Here’s one from Ryan, who is feeling overwhelmed by debt:

I’m 21 years old, working a full-time job and a part-time job, and going to school part-time on weekends and evenings.
After high school graduation, I [...]