Have you ever made a New Year’s resolution that simply fell to the wayside? Sure, we all have. But 2020 is going to be different for you. In this episode, we discuss how you can see your financial goals through this year.
What happens to someone’s debt when they die? I know, it’s not the most encouraging question, but one of our listeners was curious about it. So, in true The Money Challenge Podcast fashion, we answer the question. Let’s go!
Guest post by Amanda Burke.
Should I consider an adjustable rate mortgage (ARM)? That’s a really good question.
This article was originally published at crosswalk.com.
If you feel like you’re swimming in debt, you are not alone. According to a study from ValuePenguin, 41% of Americans have credit card debt. Those who have credit card debt average over $9,000 of it. According to Lending Tree, the average mortgage, student loan, and car loan balances are $213,700; $36,500; and $10,100, respectively. Many Americans have taken on significant debt.