One of the most common questions in my financial courses is what should be done about debt. With the insight that comes from being a boomer woman, I have learned that our biggest life lessons usually follow our most painful experiences. As a result of the 2008 economic crisis, using debt wisely is no doubt one of the biggest and most common financial lessons of our lifetime. Aside from the usual money strategies, such as paying down the highest interest rate debt first, emotional aspects of debt affect our money mindset. There are several steps that can help heal those money wounds caused … [Read more...]
