Personal Finance Buzz

With outstanding student loan debt now surpassing credit card debt in the U.S., it has become clear that most of us accept student debt as a normal cost of a higher education. But does it really have to be that way? Is there a way to attend college without borrowing?

One of the questions that many people ask has to do with credit card debt and death. What happens if your loved one racks up credit card debt? Are you going to have to pay it off?

Right now, there is a great deal of concern about the student loan bubble. The worries center around the fact that there is currently more student loan debt than there is credit card debt or auto loan debt. What will happen if the bubble bursts?

With outstanding student loan debt now surpassing credit card debt in the U.S., it has become clear that most of us accept student debt as a normal cost of a higher education. But does it really have to be that way?

When you are ready to get rid of your debt, whether it's your Canadian credit card debt, or whether it's student loan debt, or any other obligation, all you need to do is think snow.

Ready to take aim at your personal debt? If you want to do it right – you need a good plan. You need to combat debt like you’re General George S. Patton leading your personal finances on an invasion of Nazi credit card, mortgage and student loan territory.

Once you have high interest debt, like credit cards, paid off, it’s a good idea to turn your attention to student loan debt. Supplemental income can help you save money by paying down your student loan debt faster.

Is it better to die broke or die with too much money? Is it better to give with a warm hand or a cold hand? How do you deal with these estate planning dilemmas?

A not-so-new type of debt is filling out the credit profiles of millions of people – medical debt. This has actually been going on for a long time, the difference today is that medical debts are larger than they used to be. Health insurance companies are raising deductibles and cutting payments, leaving more medical debt for the average household.