One of the most important and yet the least covered topics of the latest 2021 Budget announcement in Singapore was the Significant Infrastructure Government Loan Act (SINGA). What it means is that for the first time in about 40 years, the Singapore government is going to borrow money to finance …
Read More »The Fastest Proven Ways to Destroy Debt
Subscribe: Apple Podcasts | Google Podcasts | Spotify | RadioPublic | Stitcher | RSS Ever since I wrote my first book, “Life or Debt,” nearly 20 years ago, I’ve been trying to guide readers and viewers to a debt-free life. Why? Because debt is like a cancer that eats away …
Read More »Beating Credit Card Debt in 2021? Use the Best Balance Transfer Cards
Photo by Ivan Kruk / Shutterstock.com Money Talks News has partnered with CardRatings for our coverage of credit card products. Money Talks News and CardRatings may receive a commission from card issuers. Tackling debt is a popular New Year’s resolution, but you probably know it’s hard to accomplish any resolution …
Read More »11 Signs You Have Too Much Credit Card Debt
Photo by littlenySTOCK / Shutterstock.com Credit cards can seem like lifesavers when you want or need to make a large purchase. Using a card is so easy — like buying something on someone else’s dime. That is, until you overextend yourself. Then, you realize that you ultimately will pay an …
Read More »If the $1.6 Trillion Student Debt Was Aligned End-to-End It Would Stretch From the Sun to Just Beyond Mars
Political pressure is building to discuss our nation’s $ 1.6 trillion in student loan debt. In fact, last month more Google searches for “student loan debt” were made than ever before. 1.6 trillion is a difficult number to visualize or wrap your head around. We love playing with data and …
Read More »Should You Use a Personal Loan to Pay Off Student Loan Debt?
For many people looking to get their finances better under control, one of the first major stops is managing debt. If you’ve borrowed money to pay for higher education in the past, the chances are high that you have some student loans debt to deal with. In fact, you’re not …
Read More »Does Debt Consolidation Hurt My Credit?
For those currently paying off several debts at once, debt consolidation is an option that can make repaying your loans easier. Debt consolidation loans can allow you to simplify your debt repayments and even save money on interest rates. After consolidating your debts, repayments are usually lower than what you’re …
Read More »7 Reasons to Carry Mortgage Debt Into Retirement
Photo by Andy Dean Photography / Shutterstock.com Paying off a home mortgage before you retire is a common goal, but it isn’t always the best financial strategy. It could end up costing you in the long run — such as by leaving you without cash savings to cover an unexpected …
Read More »The Amount of Student Loan Debt in America Could Pay for 5M Houses
We’ve all heard about the rising cost of a college degree in America. But as some might question college is worth the cost, it remains true that a bachelor’s degree holder earns 84% more than those with high school education only. Between the lifetime earnings math, as well as the …
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