What Can Restart the Clock on an Old Debt?

We live in a world where almost everyone has some sort of debt. Some debt is from going to school or purchasing a home. Other debits include missed payments on credit cards or medical bills. While many people pay on time, sometimes not everyone can. This is especially true for someone who is or was going through a rough financial patch. As these debts age, we have the choice to pay them and bring them current or wait for them to fall off our credit. For those who chose to let it fall, you need to Read more [...]

How to Tithe When in Debt

Church is a powerful institution. We go there to worship, pray, and spiritual healing. It brings together family and community under one roof. Church is a place where the music and the sermon uplift the masses. We give our thanks not only by showing up but without tithes and offerings. Sometimes our financial position has us wondering how to tithe when in debt. Follow along for the answer. Budget When discussing anything debt or financial relates, many people will tell you to start with a Read more [...]

States Where You Can Go To Jail For Debt

If someone asked me whether they could go to jail for debt, my first reaction would be "of course not." However, that's not exactly true. There are certain types of debt that can result in jail time. Moreover, there are loopholes in the law that allow people to go to jail for debt in many US states. Here is what you need to know. You Can Go to Jail For Debt: Taxes and Child Support There are different types of debt. If you owe taxes, commit tax fraud, or otherwise mess with the IRS, then Read more [...]

How to Dispute a Debt

The journey of saving and financial freedom is often met with debt. Debt comes in many forms. These debts hurt your credit score when they fall into collections. You should check your score regularly for accuracy. Sometimes reported debits can be misrepresented or added to your report in error. Follow along for how to dispute a debt on your report. What Debt Can You Depute Debts you incurred can not be disputed. They can, however, be negotiated down for smaller pay-off amounts. The Read more [...]

How Much Debt Does The Average Millennial Have?

Financially, most Millennials – those born between 1981 and 1996 – are behind. On average, they earn just over $35,500 a year, and their net worth is a mere $8,000. Debt plays a big role in the low net worth numbers. And, since incomes aren’t increasing at rates similar to what Baby Boomers and Gen Xers saw, many are struggling to keep up. If you are wondering how much debt does the average millennial have, well here's what their debt picture looks like. Millennial Debt Total According Read more [...]

Get Out of Debt with This FREE eBook!

Once your debt load gets to be a certain size, it can seem completely unmanageable, almost like you're never going to be able to pay it down. Well, dear readers, help is here: A brand new ebook called what else but Get Out of Debt. It's free and exclusive to Stapler Confessions. Click on the link below to download a copy and after you've finished reading it, please let us know what you think of it by posting feedback in the comments section beneath this post. Click here to get your FREE Read more [...]