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Reducing debt may feel overwhelming, but the solution often lies in the habits we create. By making conscious lifestyle changes, you can significantly reduce debt while improving your overall financial health. In this article, you’ll learn practical, achievable ways to reduce your debt by changing your lifestyle, including small adjustments that have a big impact. […] The post How To Reduce Debt By Changing Your Lifestyle appeared first on CuraDebt.

Running a business is rewarding, but it’s not without its challenges. One of the most significant hurdles is managing finances effectively. Debt can be a useful tool for growth, but when mismanaged, it can spiral out of control, putting your business at risk. Recognizing the warning signs early can help you course-correct and avoid financial […] The post 5 Signs Your Business Is Heading Toward Debt appeared first on CuraDebt.

Weddings are getting more and more expensive, so how is anyone supposed to make their vision a reality without draining their entire bank account? Here … Read More 7 Secrets To Help You Pay For Your Dream Wedding (Without Going Into Huge Amounts of Debt)

Choosing a debt relief company is a critical decision that can greatly impact your financial future. With so many options available, it’s essential to understand how companies like Simple Debt Solutions operate. In this article, we’ll break down what Simple Debt Solutions offers, explore customer reviews, and share insights to help you decide if they’re […] The post Simple Debt Solutions Reviews: What You Need To Know appeared first on CuraDebt.

🎙️Episode #374 – Should landlords include appliances like stoves, refrigerators, and washers in their rental properties? We’ll cover the pros and cons, where to buy,… The post The Best Appliances Every Rental Property Must Have appeared first on Coach Carson.

Debt accumulates over time, a little bit here, a little bit there. You don’t notice the balance growing until it’s too late. Why not take the same approach to pay off debt? Making multiple, small payments each month can help you pay down debt sooner or keep your balances in check in the first place. And you’ll likely find it much easier to manage small payments than one large payment. What are Micropayments? Credit card […]

The debt snowball method pays off your smallest debts first to build motivation, while the debt avalanche method targets highest-interest debts first to save money. Your choice between these two debt repayment strategies affects how quickly you’ll become debt-free and how much interest you’ll pay. Compare how these different debt repayment strategies work to decide which matches both your financial needs and how you prefer to tackle goals. How Does the Debt Snowball Method Work? […]

If you’ve ever seen the heart-stopping results from a college savings calculator, you’ve probably frantically wondered how to save for college. Whether your kids are headed to college in a few years or more than a decade, check out these 10 tips to graduate debt-free.  How to Save for College: 10 Smart Ways to Graduate Debt-Free The average college cost is just over $38,000 per year. If that isn’t enough to stop any parent in their […]

Here we go again. My full time client exercised the 6 week cancellation clause in our contract last month. So my full time income ends the week before Christmas. Of course, he cancelled just before the paid holiday break I had negotiated. My income was cut by a fourth this month. Therefore, my progress slows again. And the insecurity that always comes when these things happen over runs my mental health. Here are the debt numbers as of this month. (Last month’s update is here.) Still progress but not where I wanted to be: Debt DescriptionOctober, 2023 TotalInterest RateMinimum PaymentCurrent Total Payoff Date (Est) CC – Frontier$3,85729.99%$130$2,295Jan, 2025 Dad – New Furnace$2,6000%$0 $2,600 CC – USAA$5,00019.15%$135$3,750 CC – Sam’s Club$591Jan, 2025 Student Loans$22,1212.875%deferrment$22,895deferred til May, 2025 CC – Apple**$500Paid off every month$0 CC – AMEX$89429.24%$0$0Mar, 2024 – Closed CC – Sams$1,10629.99%$0$0 April, 2024 Personal Loan #1$2,5000%$0$0July, 2024 Personal Loan #2$2,5000%$0$0August, 2024 CC – Wander$1,63029.24%$0$0August, 2024 – Closed CC – Amazon$1,49729.99%$0$0September, 2024 Total$44,206$265$32,131

Today I have a guest post from personal finance enthusiast Dan Griffin. While Dan is not a practicing financial planner, he passed the CFP exam in 2010 and holds an Executive Certificate in Personal Financial Planning from Duke University as well as an MBA from the University of North Carolina.  Dan shares his analysis of… The post Case Study: Optimizing Current ACA Subsidies vs. Roth Conversions for Long-Term Tax Planning appeared first on Can I Retire Yet?.

While Craigslist can offer some legitimate housing rental listings, its open nature makes it a hotbed for scammers, especially when targeting vulnerable groups like low-income families or those with poor credit.  These scammers are sneaky… and clever… and know exactly what they are doing to steal money from unsuspecting victims. This guide covers the most […] The post Don’t fall for these Craigslist apartment rental scams appeared first on Wealthysinglemommy.com.

The Big Picture On A Cost Segregation Study: A cost segregation study allows real estate investors to reclassify property components into categories with shorter depreciation periods, enabling accelerated depreciation and reducing taxable income in the early years of ownership. While cost segregation studies can be expensive, typically ranging from $10,000 to $15,000, they can be cost-effective for properties valued over $750,000. For single-family rental properties, services like Rental Property Refund offer studies for around $1,500. By accelerating depreciation, investors can improve cash flow and returns, as the increased deductions reduce tax liability during the initial years of property ownership. This strategy effectively serves as interest-free borrowing from the IRS, as the tax savings can be reinvested or used for property maintenance. Disclaimer The information provided on this website is for general informational purposes only and should not be construed as legal, financial, or investment advice.  Always consult a licensed real estate consultant and/or financial advisor about your investment decisions.  Real estate investing involves risks; past performance does not indicate future results. We make no representations or warranties about the accuracy or reliability of the information provided.  Our articles may have affiliate links. If you click on an affiliate link, the affiliate may compensate our website at no cost to you. You can view our Privacy Policy here for more information.    News flash for property owners: things break. That new roof you’re putting on your rental property? It might keep the elements out now, but give it a few decades, and you’ll need a new one. That’s why real estate investors can deduct depreciation — the decrease in the value of a building as it ages and approaches the end of its usable life. The U.S. tax code allows you to recover the cost of certain property over the time you use it, providing an allowance for wear and tear, deterioration, or obsolescence. When you purchase or build real estate, the IRS lets you “deduct” the cost of the building itself. Not all in one year, however: you have to spread the deductions over 27.5 years for residential and 39 years for commercial properties. But we all know many components of a property won’t last anywhere close to three decades. And so does Uncle Sam. Because of this, real estate investors have a powerful tool to maximize tax benefits and improve cash flow: cost segregation studies.   Cost Segregation Studies Explained Put simply, a cost segregation study reclassifies as much of a building as possible into other tax categories. Specifically, tax categories that let you depreciate them over shorter periods. A cost segregation study helps you separate the elements of your property that have different useful lives and, therefore, different depreciation schedules. Instead of the usual 27.5-year depreciation period for the whole property, certain components—such as land improvements or appliances—can be identified and reclassified for faster depreciation. This lets

My Sweet Retirement Keppel DC REIT Rights Issue and Preferential Offering Keppel DC REIT is offering shareholders the rights (rights issue) to buy 86 new preferential offering units for every 1000 units, at S$2.03 each. The subscription to the rights and payment was already open on … Keppel DC REIT Rights Issue and Preferential Offering My Sweet Retirement