It’s about time we face the harsh reality, Americans suck at saving money, and you have probably fallen into those statistics without even knowing it. There are more consumers of goods and services here in the U.S. than in all of India. That’s over one billion people, and we still consume more than they do. …
When you’re a young adult it’s easy to fall into the trap that time is still on your side. In a blink of an eye, you’ll wake up at 40 with no savings, a mountain of debt, and only one culprit – yourself. What bothers me the most is that financial literacy is not taught …
Too much debt, or being overleveraged, can be a huge handicap on your finances and ability to borrow money. When your income barely meets your expenses, you’re in trouble. If your income doesn’t even cover your debt, you have to stop right now and plan a way out of the hole you’ve dug. Things happen, …
