While “debt crisis” might sound like economic jargon, the fact is that it hurts individual lives. A global COVID debt crisis would be crippling.
My student loan proposal: if Uncle Sam helps with interest payments, then solving the student loan crisis becomes significantly more attainable.
We overestimate the change that occurs in the next two years and underestimate the change that will occur in the next ten.
The U.S. is in debt. But to give it perspective, let’s look at how the U.S. debt compares to the mortgages and student loans that you and I hold.
Math is the language of the universe. And plots help visualize math.
Today, I present five important plots to explain personal finance basics.
Interest, terms, principles. Just give it to me straight:
What is the cost of debt?
You inherit your eyes, your height…and your spending habits?!
If you think debt is ok, then you might be walking straight towards a banana peel…