debt Archives - The Outlier Model

2 Money Mistakes Keeping You in a Debt-Cycle

Allen Francis / September 26th, 2020 / No Comments

Did you know that the average person owes over $90,500 in debts? That is because debt is a like a viral financial mindset. The average person mired in debt can only create money by generating more debt. This is a debt-cycle mindset created and perpetuated by desperation and complacency. I am not judging you. I have been broke, homeless, and it took me a decade to learn I had fostered a debt-cycle...

This Lender Repos 1 In 3 Cars It Finances — How to Avoid This Cycle

Jeff Hoyt / May 2nd, 2018 / No Comments

You frequently hear about America’s crushing student loan debt, but cars are not far behind — especially subprime auto loans. jQuery(window).load(function(){ var s = document.createElement("script"); s.type = "text/javascript"; s.src = "https://moneymade.io/embed/embed.js"; setTimeout(function(){ jQuery('#moneymade-ad-2').append('') ...

Posted in: Personal Finance Tagged with: auto loans, Automobiles, Autos, cars, credit score, debt, Subprime

Get Out of Debt Now With This Free Ebook

Check out this free ebook about how to get out of debt.

Jackie Cohen / January 19th, 2018 / No Comments

This free ebook is one you probably need if you’re like most people — the average household’s indebtedness is about $100,000. Jackie CohenJackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and business. Jackie holds a B.A. Degree from Macalester College and an M.A. in English from Claremont Graduate University. www.jackiecohen.xyz ...

Posted in: Personal Finance Tagged with: credit card, debt, loan

4 Things I’m NOT Giving Up to Become Debt Free

Chonce Maddox / January 25th, 2017 / 4 Comments

Last week, I shared 5 things I’m giving up in order to become debt free. This week, I think it’s only fair to share some of the things I’m not giving up while on my debt repayment journey. I only came up with 4 this time so many that mean I’m still better at making sacrifices to pay off my debt 🙂 Even though I really want to get out of debt, I don’t consider it a death...

Posted in: Credit and Debt Tagged with: debt, debt payoff, intentional living