#debtUnmoderated tagAll PostsTrending TagsExplore Communitieshive-193552Curators Communityhive-196037Blurt LifeStyleBlurt SpaceEcoerBlurtconnect Comm...Photography LoversNature LoversBlurt PakistanNewVisionLifePromoBlurt#debtTrendingHotNewMutedPayoutAIsummaiyarashid in Ecoer • 9 months ago • 35 min readA Guide to Creating a Budget That WorksMaking your monthly budget is actually a way of making your life easier and better. When you plan by writing down your income and expenses, you get a clear view of where the money is going and where it is being wasted. The first step in this process is to note down your total income and separate all fixed expenses like rent, bills and loans.…summaiyarashid in Ecoer • 10 months ago • 42 min readManaging Debt: Proven Strategies for Financial FreedomFinancial freedom means that you can live your life according to your own rules without the tension of how to pay the bills or loan every month. This is such a quality of life where money does not control your life but you control your money. When you achieve financial freedom, you get full choice to pursue your dreams, create a secure future for…esecholo in # cars • 11 months ago • 2 min readAmerica’s Auto Loan Obsession: A 5+ Year Commitment to a Depreciating AssetIn today’s auto market, one of the most outrageous trends is the sheer length of auto loan terms. Recent data shows that the average car loan in the U.S. now exceeds 67 months—that’s over five and a half years of debt for a vehicle that loses value almost as soon as it leaves the lot. It’s a staggering reality that reflects just how distorted the…darth-cryptic in # covid19 • 11 months ago • 2 min readOne Overlooked COVID-19 Legacy Will Haunt Your GrandchildrenDuring the public health crisis caused by COVID-19 and the economic crisis that resulted from the government-mandated societal shutdown, the public’s attention has focused on short-term threats and immediate consequences. This, understandably, led to an emphasis on figures such as the approximately 2.1 million confirmed cases of coronavirus…esecholo in # trump • 11 months ago • 2 min readForget Rate Cuts: Why the Fed Is Right to Hold the Line Against Donald Trump's DemandsJerome Powell has stated that the Federal Reserve has not cut interest rates in response to the tariffs imposed under Donald Trump. Is this a good thing? In my opinion, yes—it’s a good thing. I’ve consistently been against lowering interest rates, primarily because I don’t depend on credit as much as the average American consumer. I don’t…esecholo in # debt • last year • 2 min readCredit Cards Aren’t for Emergencies—They’re for OpportunityI always hear about the "right way" to use a credit card, but I’ve never fully understood what that actually means. Most articles I read say things like “use it for emergencies” or “pay it off quickly due to the high interest rates.” But they rarely explain what you should actually be buying with a credit card. The idea of using it for…rt-international in # debt • 3 years ago • 2 min readUS debt to top $50 trillion by 2033 – BoAThe country’s $31.4 trillion debt ceiling was exceeded in January, and later scrapped altogether until 2025. The US national debt could surge by $20 trillion over the next decade, the Bank of America (BoA) said in a note on Tuesday, citing data from the Congressional Budget Office. According to the forecast, the current outstanding public…rt-international in # debt • 3 years ago • 2 min readGlobal debt hits all-time high – reportThe figure is 50% higher than a decade ago, according to a leading trade body. The global debt pile soared by $10 trillion to a record high of $307 trillion in the first half of 2023, the Institute of International Finance (IIF) reported on Tuesday. It added that the US, UK, and Japan are among the markets driving the rise. The high…kingcoc in # debt • 3 years ago • 3 min readTips for managing and reducing business debtTips for managing and reducing business debt Debt can be a useful tool for businesses, allowing them to fund expansion, make necessary purchases, or smooth out cash flow issues. However, too much debt can be a burden and can even lead to financial difficulties and bankruptcy. It is important for businesses to properly manage and reduce their…makeitrain4ever in # debt • 4 years ago • 6 min readLoan Apps - Only use them if you have an appetite for settling debt.Debtors will always tell you that 'all time does is run out'. They understand that time flies when you are in debt and you will be in danger of being dragged through the mud if you are the type that chooses to react instead of act. At the moment, people no longer have to walk into a banking hall or some credit institution to obtain loans.…makeitrain4ever in # debt • 4 years ago • 4 min readThe problem with being too relaxed as a debtor.I believe you all know that 'A Lannister Always Pays His Debts', right? I've been in the GOT mode since this week and I thought I should highlight that famous lofty quote from the Lannisters. I believe we all can learn important lessons from that in our day-to-day financial activities. Debt? What a tool that can be! The wise players in…makeitrain4ever in # debt • 4 years ago • 6 min readHave you explored the idea of being Debt-free?The idea of being debt-free is something that is always emphasized in personal finance, businesses and even in the economy of countries. Some say it is being overemphasized, but I genuinely think it's only right to do so because being indebted is one of the factors that wrecks people's Finance. Do you get the gist of what being debt-free is…makeitrain4ever in # debt • 5 years ago • 3 min readDebt-Free Lifestyle: Will you take the bluff or the fact or both?To some people, and countries alike, debt is something that goes up but hardly comes down. Incurring debt is an addiction to many people while paying it off is a different ball game. I know that many individuals, households, organisations, and countries are ready to do anything to become debt-free. Anyone that fits into this criteria can read…offgridlife in # debt • 5 years ago • 2 min readWho owns all the World Debt ?As every Country in the World sees their Debt skyrocket due to Government Spending, COVID Lockdowns, business closures ... at what point do we realize that every one owes everyone else trillions. Could they not zero out all Global Debt and start over ? I didn’t realize that much of the debt on the books is Social Security and similar…mingus in # debt • 6 years ago • 1 min readThe Subject of DebtDebt can be seen in many ways and we often take into account the parties that are both responsible for issuing and incurring debt. Borrowing money from a bank is seen as debt but who is truly in debt. Can we perhaps look at it the other way, where the bank is also now in debt? Another crude example to ponder over may be the issue of identity…
