We’re kicking off a new collaborative idea here at One Money Design called Everyday Money Heroes. In short, the Everyday Money Heroes will contribute content across specific areas of personal finance (budgeting & spending, investing & retirement, Bible & Money, and Debt Management). You may already know Jocelin Boutet as a regular contributor here at One [...]
Tag Archives | Debt
What Type of Debt is “ok”?
This is an excerpt from Dollars and Doctrine provided by author, Rob Kuban. Rob is one of our One Money Design Everyday Money Heroes. Despite its many stern warnings against borrowing, God’s word never forbids debt as a whole. A believer may stand at this crossroad and wonder what types of borrowing are acceptable or appropriate. The [...]
We’re Debt Free!
Today, I want to announce and share about a significant milestone on our personal financial journey. Actually, I’m a bit hesitant to announce this because, while it’s a great accomplishment, we’ve now achieved the milestone for the second time. :) But, I write a lot about getting out of debt and try to help people to do [...]
What are the Leading Causes of Money Issues in Marriage?
What are the leading causes of money issues in marriage? In a sermon my paster referred to the leading causes of money issues in marriage as money minefields. If not dealt with (or defused) they will lead to problems in marriage and much of the time divorce. After listening to the message the second time, [...]
Consider DebtGoal as An Alternative to Debt Settlement
I’ve been a big fan of DebtGoal for a quite some time now. As you might gather from reading One Money Design, I’m in favor of trying to sort debt problems out on your own by getting organized and creating a debt payment plan. You might be surprised to know you can do this without paying [...]
How to Select a Legitimate Credit Counseling Agency
This is a guest post provided by the National Foundation for Credit Counseling (NFCC). The NFCC is the nations largest and longest serving national nonprofit credit counseling network. It promotes the national agenda for financially responsible behavior and builds capacity for its Members to deliver the highest quality financial education and counseling services. The last [...]
What Does Proverbs Say About Debt?
Solomon wrote the Proverbs to share his wisdom and help people walk closer with God. Here is what my NIV study Bible states as the purpose of the Proverbs: To teach people how to attain wisdom and discipline and a prudent life, how to do what is right and just and fair – short, to apply [...]
Should You Work with a Debt Settlement Company?
There are many offers on TV and radio from companies offering to negotiate your unsecured debt for “pennies on the dollar,” reducing balances by 50% or more. Is this for real? What’s the catch? How would this affect your credit rating? These are some great questions recently submitted via Ask One Money Design. As a reminder, you [...]
Should You Invest While Still in Debt?
Should you invest while still in debt? This can be a challenging question to answer for many people. On one hand, you’re in debt and you know there are impacts to being in debt. You don’t have as much freedom and you’re paying extra for your loans in interest charges which can be quite expensive [...]
Emergency Fund Versus Getting Out of Debt?
People have certainly changed their motivation of getting out debt and saving based on experiences from this past recession. Many Americans were cash poor and paid dearly because of it. This was evident after so many people were laid off and had no cash to cover expenses while they searched for new employment. Many unfortunate people [...]
How Should I Start Paying Off Student Loans?
Congratulations new college graduate! You’ve made it through college and you’re ready to move forward to the next adventure in life. Hopefully, you studied well, had some fun and have found your first job (or in search of one). I’m sure you’re excited to get started and actually accept some responsiblity for your own finances. Perhaps [...]
Basics of Bankruptcy
Bankruptcy is definitely a scary word, but I find that most people don’t really know what it is or why it can be necessary. Bankruptcy is a legal process designed clear consumers or businesses of overwhelming debt. When you file bankruptcy, you get automatic protection by the government. This stops creditors in their tracks. A [...]
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One Money Design is a personal finance blog that exists to help people make progress along their journey to true financial freedom and become more generous with their time and money.
