When I logged in to check my monthly EOM IBKR account position, I was notified that there was an offer to increase individual account margin loan limit from $50K to $150K. I decided to accept the increased limit as I plan on eventually using this account (when I am 67) to invest ‘cheap’ money I get loaned by the Australian government via the Home Equity Access Scheme (HEAS) – which which will

After 24 years of running a debt relief company, here’s what I can tell you about minimum credit card payments: they’re designed to keep you paying, not to get you out of debt. On a $10,000 balance at today’s average 20.97% APR, those monthly minimums could drag on for 30+ years and cost you over […] The post Why Doing Nothing About Credit Card Debt Costs You Thousands appeared first on CuraDebt.

When it comes to credit card debt, many people feel paralyzed by fear or overwhelmed by the size of their balances. However, ignoring the problem only makes it worse. This guide will explain why doing nothing about credit card debt is a dangerous path, share real-life horror stories, and inspire you to take action to […] The post Why Doing Nothing About Credit Card Debt Is a Bad Idea appeared first on CuraDebt.

Here’s to another year of sharing our family’s budget details with the world in hopes of helping as you work on getting a handle on your own family finances. I had planned on making changes to the way we share our budget with you, but when it came down to it, I couldn’t think of how I wanted to change the information included and presentation. Less explanation? More explanation? More tables and graphs? If you […]

The call outs on my post about my kids beginning to migrate were SPOT ON! And as I’ve heard about their plans, I’ve had the same fears. Can I set better boundaries? Be consistent in saying NO or rather, not offering financial help? And essentially reset, the relationship as a parent with now all adult, independent children? First off, I want to be very clear. The issue is with me. My kids do not ask me for help very often. And when they do, it’s been minimal and typically temporary. They are all doing so well at being independent. The problem is ME. And this has always been the case. I finally think I see clearly. Not perfectly for sure, but clearly. My challenge is how do I reset the expectations with my kids? And I’m just writing out loud here the thoughts going through my head. How do I invite them to a meal out or to meet up without them expecting me to pay for them? Like what words do you use? How do I set that as the general experience and when I can or want to treat, make that the exception? How do I stop leading with my heart? Or my “I want to do this” for whomever? Like when they mention something and I want to provide it. This has been a huge one during their childhood. But I’m doing better, much better with the distance. How do I invite them on a trip or adventure, setting the expectation of them covering their own way? And how do I handle it if one or another can’t do it financially? Cancel the whole thing or just going with those who can? These are just a few of the thoughts I am having. And as much as I’m enjoying the Dave Ramsey class, my group has no other later in life people, parents, no other empty nesters in it, so I don’t feel like they are in a place to provide experienced guidance or feedback. Does that make sense? Small Win – Valentines I was really proud of myself as Valentines came around. Instead of going overboard shipping boxes of even small things, I bought them each a card and wrote a personal love note. No candy, no stuff, no gift card. Just a heartfelt card. I know that seems stupid or like “duh” to most people here. But, wow, that was a huge thing for me to not do anything else. Next up Easter. The post Redefining the Parent/Child Relationship appeared first on Blogging Away Debt.

Image Source: Shutterstock If you’ve opened a renewal notice in Atlanta this year and felt your stomach drop, you’re not alone. Families across the metro area are reporting rent hikes that feel completely disconnected from their income, their neighborhood, or even the condition of their building. And the most frustrating part is that many renters feel powerless because in Georgia, they largely are. Georgia is one of the few states with no rent control at […]

After reaching financial independence, we chose to become parents. But it was infertility that taught us what FIRE really has to offer. Continue reading What FIRE Really Gave Us: A Path to Parenthood at TicTocLife.

Another day, another debt consultant case, but this time with a very clear message from the Official Receiver (a federal government official who works for the Office of the Superintendent of Bankruptcy). In a recent Report of the Official Receiver regarding a consumer proposal filed in Alberta, the court was asked to consider a fundamental question: Will a consumer proposal receive court approval if the debtor refuses to disclose payments made to a debt consultant? […]

🎙️Episode #476 – Is 5% down enough to start investing in real estate? Learn the legit strategies, loan options, and risks you need to understand… The post 5% Down Rental Loans: When They Work (And When They Don’t) appeared first on Coach Carson.