Rather go to bed with out dinner than to rise in debt.
– Benjamin Franklin

Debt is having a crippling effect on too many American households. With the trends towards materialism and a credit-based society, it’s nice to have some sound advice and useful education about how to avoid debt, how to get rid of debt, and ultimately how to free oneself from the bondage that is created from a lack of discipline when it comes to spending.

This section of Prosperopedia.com is dedicated to providing news, tips, and useful information about debt management, including how to get yourself out of debt, how to properly use debt in the right situation (think mortgage for a home, financing a business…and little else), and how to teach your kids and others the principles that will help them avoid the pitfalls of spending more than they earn.

We hope you enjoy reading and interacting with the content you find here.

How to Get Out of Debt

How to Get Out of Debt

If you have substantial debt, you're much like the average American, who carries a personal debt load of about $30,000. That number doesn't even include a mortgage, which is usually considered a good kind of debt. Instead, that $30,000 average debt load (as reported...

How to Become a Millionaire

How to Become a Millionaire

I’m going to share with you the formula I’ve followed to become (together with my wife) a millionaire. But first, some context. The United States has more than 11 million households reporting a net worth of more than 1 million dollars based on the latest...

How Much Home Can I Afford?

How Much Home Can I Afford?

When you’re shopping for a home, one of the very first questions you’ll ask yourself is, “How much home can I afford?” I’ll answer that question for you in this article using the information lenders use to qualify you for a loan amount as well as some...

Subscribe to Prosperopedia.com

How to Buy a Home – A Complete Guide

buying a home a complete guide

Pin It on Pinterest

Share This