Tag : credit cards

The Bridges We Cross on the Road to Debt Modest Money14 Comments


With my son preparing to go to college in a little more than a year, I have been thinking about my own journey from living at home with my parents to becoming an adult. Part of this transformation involved going from having no debt and no real financial obligations to being loaded down with all sorts of payments and bills. As I look back, I realize that there are several bridges I crossed on the way from going to having no debt to having a significant amount of debt.

Student Loans

A common bridge on the road to debt is student loans. Most students who go to college will end up taking student loans. College is expensive, and young people typically do not have that much money, so many college students are going to take out loans to get through college. I crossed this bridge myself in graduate school.

For me, getting a loan to complete graduate school turned out to be a good investment. I bet I have already made more than 1 million dollars more than I would have without going to graduate school. That is a heck of a return on investment! But student loans do represent a bridge…

This entry was posted in Debt, and tagged , , , Modest Money14 Comments
By : Adam | 22 Jun 2015
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Why I Love Dave Ramsey, But I Still Love Credit Cards

By : Adam | 12 Mar 2015

There ​I was. 18 years old. ​And I didn’t have a clue ​. ​ I didn’t realize that some people were actually debt-free. I thought a car payment was just another bill. I mean, everyone has a car payment, right? I thought credit cards were …

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USAA Secured Platinum Credit Cards Review

By : Adam | 12 Dec 2014

The USAA is one of the largest financial service providers around. They’ve been in business since the early 1920’s and have a reputation for excellent, ethical customer service. You may be interested in these cards (both the MasterCard and American Express versions) because you are …

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Credit One Bank® Platinum Visa Card Review

By : Adam | 24 Oct 2014

This Credit One Bank® Platinum Card is a card that can be useful, but should be handled with extreme caution. Do I have your attention? Let’s proceed. First of all, this is a card focused on folks with miserable credit. The card is marketed as …

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OpenSky® Secured Visa® Credit Card Review

By : Adam | 26 Sep 2014

A secured credit card is an excellent way for anyone to build credit and improve their credit scores. It’s a responsible step that pays off fairly quickly. The OpenSky® Secured Visa® Credit Card will be backed by funds that you deposit as security for the …

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Barnes and Noble MasterCard® Review

By : Adam | 12 Sep 2014

As one of the world’s biggest book retailers, Barnes and Noble stand to offer a lot to their millions of customers with a Barnes and Noble credit card. Barnes and Noble clearly understands their customers. This Barnes and Noble Mastercard proves itself to be one …

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Travelocity Rewards American Express Card Review

By : Adam | 5 Sep 2014

Learning how to leverage travel rewards credit cards to your benefit takes some research and experience. We’re here to help with our review of The Travelocity Rewards American Express Card. This card is easy to apply for, use, and understand. We’ll give you all the …

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