How to Overcome a Spending Problem

How to overcome a spending problemDo you have a spending problem? I do. The thing is, it’s not always easy to recognize a spending problem. Some of us have one and don’t even realize it.

That’s because being human means that it’s hard for us to see our own issues — even if they’re things that might be obvious to an outsider.

So before we get into possible ways to overcome a spending problem, let’s talk about how to identify one.

Keep in mind that having a spending problem is not necessarily the same as having compulsive shopping disorder or a spending addiction.

It’s broader than that. The good news is, it doesn’t have to stop you from getting out of debt or reaching your financial goals.
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Alternatives to Loans: 5 Things to Do Instead of Borrowing Money

5 things to do instead of borrowing money -- great alternatives to loans!Probably the most critical step to getting out of debt is to quit borrowing. That means you NEED to find alternatives to loans.

That said, the idea of turning to debt for help is so pervasive that it can be hard to even think of other options. Borrowing money feels like the default solution, especially when you’re stressed out and worried.

But there ARE other choices out there, and many of them are a whole lot easier than you think. Here are 5 alternatives to loans:
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Should You Use Your 401K to Pay Off Debt?

Should You Use Your 401K to Pay Off Debt?
You might be wondering, “Should I use my 401k to pay off debt?” It’s a common question, and it’s natural to consider.

After all, you’re itching to get out of debt as quickly as possible. Or maybe you’ve got medical bills hanging over your head, and are considering doing a 401k hardship withdrawal to pay that debt. Or you’re thinking of using your 401k to pay off student loans.

And you’ve got money just sitting there, money that you aren’t using right now. Why not go ahead and use your 401k to pay off debt?

Well, let’s talk about the pros and cons of using your 401K to pay off debt. Because there are a lot of things to think about.
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