When you have some extra cash, it can be tempting to knock out debt — especially if it would put an end to a large monthly obligation, like a car payment. But is it the right move? See Next: I Asked a ...

The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

Managing multiple debts at once is rarely a simple task, but doing so has become even more complicated in today's tough economic environment. Elevated interest rates, higher everyday costs and the ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

Homeowners are often advised to pay off their mortgages ahead of retirement. While doing so eliminates debt, it could also result in limited liquidity. Consider your mortgage rate and tax situation ...

Paying off your car early can potentially save money on interest and reduces your debt, but it could strain your budget or result in other drawbacks Written By Written by Contributor, Buy Side Emily ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. d3sign / Getty Images Suppose you’ve just come into an extra $5,000 ...

Nick Gabel found himself both $100,000 in debt and without a job in early 1996. — -- Nick Gabel had run a convenience store for about four years when the building he rented was sold. He wasn't ...

On a sunny April day, you walk into Colette Louis’ living room in Charlotte, North Carolina, and are greeted by women wearing matching mauve pajama sets. A bartender offers you a menu of signature ...