Debt is one of the most crippling financial issues that many people face. It can be debt from credit cards, student loans, mortgages, or even business loans. The debt blogosphere has exploded in recent years as more and more people find themselves drowning in debt.
Here are 15 blogs about debt that are worth checking out if you’re struggling to find the financial freedom you crave!
Blog #1: The College Investor
The College Investor is an in-depth blog that explores debt and personal finance. It provides expert advice on paying back debt, credit cards, student loans, mortgages, and debt-free personal and professional growth strategies.
Blog #2: Making Sense of Cents
The Making Sense of Cents blog is where to go for debt advice, debt resources, and debt educational tools.
It has articles on money management, debt relief1, bankruptcy options for individuals with medical bills, and a library to help people get out from under their debt burden.
Blog #3: Debt Roundup
Debt Roundup is a blog about debt from the perspective of someone who has been there, done that, and is now debt-free. The blog has fantastic insight into getting out of debt and staying debt-free for the long term.
Blog #4: Club Thrifty
Club Thrifty is a debt blog that talks about saving money. The author is trying to eliminate global debt by living debt-free, and sharing his successes and failures on his journey to get to where he is today.
Blog #5: Two Cup House
Two Cup House is a blog that shares personal debt stories, encouraging readers to share their own and providing resources for managing debt. The author also writes about money management topics like credit cards and budgeting.
Blog #6: Jackiebeck.com
Jackiebeck.com is a blog about debt written by Jackie Beck. She writes weekly posts with helpful debt advice, supports others struggling in debt, and helps readers get out of debt and stay there.
Blog #7: Seedtime
Seedtime is authored by 2 debt experts, Andy and Jane. The couple has been in debt counselling for years now, and they have found ways to develop creative solutions to crippling debt problems.
Blog #8: My Debt Epiphany
My debt Epiphany is a blog by a debt-free entrepreneur passionate about debt management and helping others find their debt tipping point.
They write blog posts that include personal stories, advice, tips for living debt-free, and other financial topics such as credit cards, mortgages, and student loans.
Blog #9: And Then We Saved
And Then We Saved is a debt blog with a personal approach to debt management. They offer honest advice about money, debt, loans, and budgeting.
Their topics include debt consolidation,2 tips for paying off your student loan debts faster, and how to get rid of payday loans.
Blog #10: Deeply in Debt
Deeply in debt is both a debt blog and a debt advice site.
They write content about debt, credit cards, personal finance, investing, retirement savings, and debt settlement.
Blog #11: Young Adult Money
Young Adult Money is written by 2 personal finance experts who are both in debt. The blog provides money-saving tips based on their own experiences and profiles success stories from students across the country.
Blog #12: The Money Principle
The Money Principle covers debt and is also written for debt-free people who want to save and invest.
The blog is broken down into 2 sections: debt articles that are more personal or opinion-based; and debt articles on how to get out of debt.
Blog #13: Dear Debt
Dear Debt is an organisation that provides advice to those struggling to clear their debt. It was founded in 2009 by 2 debt-free women who decided to help others achieve the same.
This is done through videos, blog posts, and other educational materials on topics ranging from debt basics, to retirement planning with debt concerns.
Blog #14: Money Peach
Money Peach is a blog about debt, personal finance, and money. They offer advice on debt management to help consumers get their finances in order.
The blog has been around for 7 years, and it’s written by someone who knows very well what it feels like not to have control over your debt situation, because they were once there too!
Blog #15: Life and My Finances
Life and My Finances is a personal finance blog that focuses on debt, saving, and more. The blogger writes about how debt impacts their life, while also providing tips to help people get out of debt faster.
How to Get Out of Debt?
To get out of debt, you need a budget. A debt repayment plan is also important to prioritize debts first and then work your way down as they become less urgent.
What are some debt relief options if I can't get out of debt?
If you can’t get out of debt, debt relief is possible with a debt settlement company to negotiate your debt so that they are reduced in amount and interest rates.
How to Get Debt Under Control?
To get debt under control, you should establish a debt repayment plan. This will help you see how much debt can be eliminated from your monthly expenses and increase the debt payoff date on high-interest debt.
How Do I Manage My Debt Payments?
To manage debt payments, you should consolidate your debt with a personal loan or debt consolidation program. This will simplify the payment of multiple debts and help reduce debt payments per month.
With a myriad of debt blogs on the internet, you’re bound to find one that best suits your needs. It’s vital to note that there’s no one-size-fits-all solution, but rather a series of steps you can take to help alleviate your financial burden.
Some people recommend getting rid of credit cards, while others suggest making more money, for example, by starting an Etsy store or freelancing on the side.
No matter which path you choose when tackling debt, know that every decision will have consequences and may not solve all your problems in the long run.
Are you over 55? You might want to consider equity release as a means to pay off your debt.