Ramsey called the scenario hypothetical but said the economy would not collapse if it happened gradually. In fact, he argued that the economy might actually benefit. "[Spending] doesn't stop. As a ...

Retiring debt-free with $1.5 million saved isn't a guarantee of flexibility. The tradeoff is certainty versus control. For some retirees, eliminating the mortgage is worth every dollar. For others, ...

While he’s paying the credit card bills, he wants to get ahead financially and do other things with his money. The debt snowball or debt avalanche methods could both work to help him become debt-free ...

Living a debt-free life is a dream for many, and financial expert Dave Ramsey offers a practical plan to achieve this goal. His nine-step approach emphasizes budgeting, saving, and strategic debt ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. On the surface, making minimum payments might seem like you ...