Avoiding Getting Out of Debt Tips and Advice

Rather go to bed without 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 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.
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Debt Service Coverage Ratio
Debt | Finances | Real Estate

Debt Service Coverage Ratio (DSCR)

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Capital One Spark Business Cash Back Credit Card
Credit Cards | Debt | Finances

How To Update Your Capital One Credit Card Billing Address

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Even You Can Debt Free
Debt | Religion

Even You Can Debt Free

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Financial Peace University Money Management Course
Budgeting | Debt | Education | Employment | Finances | Investing | Online Learning

Dave Ramsey’s Financial Peace University

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Personal Finances Self-Reliance LDS Church
Budgeting | Debt | Education | Employment | Finances | Investing | Mortgages | Religion

LDS Personal Finances Self-Reliance Budgeting Course

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Healthcare Costs Trump Directive
Debt | Finances | Government | Health | Healthcare

Trump’s Healthcare Pricing Transparency Executive Order

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US Impending Recession 2020
Budgeting | Debt | Finances | Government | Investing

Contracted Earnings Signs of US Recession

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Fannie Mae Form 1003 Residential Loan Application
Debt | Finances | Mortgages

Fanny Mae Form 1003 Uniform Residential Loan Application

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Famine in Egypt: Joseph and Pharoah Ready
Budgeting | Debt | Finances | Religion

The Mormon Church’s Financial Responsibility Should Be Emulated, Not Criticized

Recently there has been a lot of buzz about how much money the Mormon Church has in its possession after an accusation came out from former church members and twin brothers David and Lars Nielsen. David was a former employee of church-owned investment firm Ensign Peak Advisors. The claim from the Nielsens is that the…

Public Servant Loan Forgiveness PSLF Program
Debt | Education | Employment | Finances

Public Service Loan Forgiveness (PSLF) Program

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National Debt Relief Program and Services
Debt | Finances

National Debt Relief Program and Services

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CapitalOne CreditWise Credit Score Reporting Service
Debt | Finances | Mortgages

CapitalOne Creditwise Free VantageScore Credit Report from TransUnion

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What is a Mortgage?
Debt | Finances | Mortgages

What is a Mortgage?

Making good decisions about the home that you purchase to live in (or as an investment) is critical for being prosperous and building your financial wealth. To help you make better decisions with regard to how you’ll finance your home or another property, this article covers the essentials of how mortgages, not only answering the…

FCRA Section 609 Dispute Letter
Debt | Finances

Can a Section 609 Dispute Letter Repair Your Credit?

People always seem to be looking for shortcuts to getting what they want. While it’s certainly true that there are more effective and efficient ways of accomplishing something as well as less efficient and less effective methods, easy shortcuts typically don’t produce what most people hope they would. This principle applies to the 609 Dispute…

How to Get Out of Debt
Debt | Finances

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 by Northwestern Mutual’s 2019 Planning and Progress Study) on Americans consists…

Debt to Income Ratio Recommendations from Wells Fargo
Banking | Budgeting | Debt | Finances | Mortgages

Wells Fargo Debt-to-Income (DTI) Guidelines and Recommendations

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How to Cancel Your Audible Account
Budgeting | Debt | Education | Finances | Online Learning

How to Cancel Your Audible Account

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FICO Credit Score Factors
Budgeting | Debt | Finances | Investing | Mortgages

What Factors Affect Your Credit Score?

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Debt | Higher Education Debt Resolution Portal for Defaulted Student Loans and Grants

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One for the Money Family Finance Guide
Debt | Finances | Investing | Self Improvement

One for the Money, Guide to Family Finance

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How to Become a Millionaire - Financial Strategy
Debt | Finances | Investing

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Bad Credit Home Loan - Should You?
Buying A Home | Debt | Mortgages | Real Estate

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Dave Ramsey 7 Baby Steps - Saving Money, Reducing Debt, Building Wealth
Debt | Finances | Investing | Mortgages

Dave Ramsey’s 7 Baby Steps for Saving Money, Paying Off Debt, and Building Wealth

Dave Ramsey is a popular radio show host, an author of several books about financial management and developing life skills. Besides being a great teacher, he is also, not coincidentally, a successful businessman and a devout Christian. His Financial Peace University course has been completed by over 4 million people. Ramsey’s formalized and systemized financial…

FHA Loan Debt to Income (DTI) Ratio Guidelines
Buying A Home | Debt | Finances | Mortgages | Real Estate

FHA Loan Debt to Income (DTI) Ratio Guidelines

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Don't Buy Stuff You Cannot Afford
Debt | Finances

Don’t Buy Stuff You Cannot Afford

The Simplest Financial Management and Debt Reduction Plan Ever The materialistic, super-indulgent world we experience today has created a very large demand for debt reduction programs, debt counseling careers, thousands of apps for managing personal and family finances, and a thriving market where millions of people make lots of money selling products to people who…

How To Become Rich – The Richest Man in Babylon Formula
Buying A Home | Debt | Employment | Entrepreneurship | Finances | Investing | Mortgages | Online Learning | Real Estate | Self Improvement | Selling A Home

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EveryDollar Budgeting Software Tool Dave Ramsey Debt Program
Debt | Education | Finances

EveryDollar – The Free Budgeting App from Dave Ramsey

EveryDollar is a budgeting application that is used by millions of people and families to keep track of how they spend their money and to do other budgeting activities. The EveryDollar app is a comprehensive monthly budgeting tool, allowing users to enter and track income and expenses on a monthly basis so that they can…