Archive for 'Debt'

Why Debt is Like Harry Potter’s Lord Voldemort

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harry_potter

Caution: Harry Potter Spoiler Alert!

Do we have any Harry Potter fans out there? I’m a geek when it comes to that stuff, and this weekend, I did a full movie marathon on the series. For some reason, it just doesn’t get old for me.

I’ve seen the movies multiple times, so I was half watching and half browsing work-related stuff on my laptop. A funny side effect of performing dual activities is ...

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Debt and Studying Abroad

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After graduating from college, I had a minor bout of credit card debt. As much as I would like to admit that I racked up my balances from textbooks and other educational fundamentals, in all honesty, it was the semester in France where I stuffed my face with fresh-made croissants, choked down liters of Belgian beer, and hopped on impromptu flights to Madrid, Dublin and Budapest. It seemed like a good decision at ...

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The Psychology of Overspending

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psychology_overspending

Understanding financial concepts like debt, credit, and savings is critical to long-term success with money and finances. Equally important however, is recognizing and controlling the psychology that influences the buying of things you don’t need. We need to do more than simply lay out the nuts and bolts of credit but also ponder our own behavior in this aspect.

People with overspending and debt problems tend to share a common costly trait: ...

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