The latest round of coronavirus stimulus checks will be landing in many of our bank accounts or mailboxes soon (if they haven’t already). Should you use the money to pay off debt? Our Penny Hoarder philosophy typically would be a…
Read More Should I Use My Stimulus Check for Debt? 3 Questions to Ask
My parents were in the middle of a long, drawn-out divorce when I left for college. My tuition got tied up in the legal battle. This led to a lot of confusion and ended with me leaving school early, holding…
Read More How a Goodwill Letter Got a $10,000 Debt Wiped Off My Credit Report
Dear Penny, My boyfriend of two-ish years lives with me in my apartment. We cohabitate very well, but we're looking to move out of state together at some point. The problem is, he has debt from credit cards from many…
Read More Dear Penny: My Boyfriend Is Deep in Debt. He Thinks It’s a Joke
The best way to deal with an eviction is to fight it before you’re forced to leave your home. Not everyone who fights will win, though. And after you’re evicted, the nightmare isn’t over. Having an eviction on your record…
You want the advanced degree, but not the elevated debt. Maybe a recent job loss has made the thought of going back to school more attractive, particularly with this challenging job market. Those with a graduate or professional degree earned…
Anyone who tells you it’s easy to pay off a bunch of debt fast is either lying or they make a ridiculous amount of money. I know this because I just paid off $12,000 of debt in 12 weeks to…
Read More How to Pay Off Debt Fast: I Slashed $12K in 12 Weeks
The possibility of student loan forgiveness is on the horizon, so should you stop making payments on your own loans? That depends, but let’s take a look at where we stand so far: On the campaign trail, then-candidate Joe Biden…
Read More Should You Stop Paying Your Student Loans in Forbearance?
My name is Tiffani Sherman. The real Tiffani Sherman. Not the one who recently applied for unemployment benefits, an SBA COVID loan, five credit cards, a payday advance, two loans, and opened two bank accounts. That wasn’t me. It also…
Read More How to Prevent Identity Theft (From Someone Who’s Been Through It)
Consider it layaway with benefits. If you remember layaway plans (ask your parents!), you know it’s an old retail custom in which you make installment payments over a period of time to buy a product or service you can’t afford…
Read More What Is Afterpay? Your Guide to a Credit Card Alternative
Dave Ramsey doesn’t need a stimulus check. He has an estimated net worth of at least $200 million. He doesn’t think you need one either. Recently, the anti-debt crusader came under fire when he said he said he doesn’t believe…
Read More 5 Reasons Dave Ramsey Is Totally Wrong About Credit Scores
