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Need Student Loan Help?

by Patrice C. Washington

Since I’ve had the honor of answering all of the financial questions on the Steve Harvey Morning Radio Show lately, I’ve received literally hundreds of e-mails around student loan debt and default alone.

One thing I can tell you for sure is that no matter where you are in the process, YOU ARE NOT ALONE! This is a battle that many people are facing and fortunately, there are a lot of great (although little known) resources online to help you get through the process.

Here are a list of quick tips and websites to help you navigate your student loan repayment options ASAP:

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Are You Dating A Financial Deadbeat?

by Patrice C. Washington

On the surface a lot of guys can come across as “ballers,” but its up to you to be alert and pay attention to the waving red flags that make it clear this stud is really being a bum with his money.  Before dating becomes “I do,” look for these warning signs and clues I mention in Real Money Answers for Every Woman.  If you find them, run OR go through some serious counseling before walking down the aisle! Remember, most marriages end over financial disagreements, but be clear that people who enter marriage with bad money habits don’t magically begin them because they’re married.  They were showing signs all along!

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Do You Need to Break Some Bad Habits?

by Patrice C. Washington

For many of us, New Year’s resolutions symbolize achieving a new goal, but what about letting go of bad habits?

As a personal finance coach, most goals I hear surround money. Often people want me to tell them how they can fire their boss, make more money and live happily ever after. Many are stunned and for some reason frustrated, however, when I reveal that it’s not about their boss or how much money they are making. It’s about them, the money they are wasting and the bad habits that are holding their lives and personal finances hostage.

Check the list to see if you find any bad habits that may have kept you broke last year.

1. You are hopelessly insecure. Every time you make a decision, and in this case purchase, based on what you believe someone else will ‘think’ about you as opposed to what’s best for you and your situation, you make a decision to take one step closer into Brokedom. There will never be a way for you to achieve your financial goals if you continue to care what others think about you. Once you learn to stop giving a damn about what other people think about what you drive, where you live or what kind of purse you’re rocking, you may actually have a chance to build some wealth!

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Could You Live An ALL Cash Life?

by Rhonda J. Williams

Don’t PANIC!  Living and loving the all cash life does not require you to give up your debit cards and credit cards, well perhaps your credit cards. 

Living and loving the all cash life is about moving away from a dependence on debt, creating more options for your family and freeing yourself to be able to love, live, and give according to your dreams. The utilization of debt to fund the “American Dream” has turned into the path to an American nightmare.  The US now carries more than $850 billion dollars worth of credit card.  I’m not even sure how many zeros are in one billion.

Clearly the use of debt can help make the opportunity to receive a higher education, purchase a home or start a small business possible.  However, many are stuck in a habit and mindset of using debt as a way of life or to fund a lavish lifestyle.  The “opportunity” to attend the prestigious private college you love was a great experience while it lasted, but graduating with no job in site and a $50K student loan due was clearly not the “opportunity” you were seeking.  Here are 3 quick tips to start living and loving the all cash life.

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