My Story

The Process

Emergency Fund

Sinking Funds

How to Get Out of Debt


Tips to Control Spending

Your True Paycheck

Credits Cards

'Good' and Bad Debt

Recommended Books

Personal Finances for Teenagers

Personal Finances for Dating Couples

Personal Finances for Married Couples

Buying a Car

When and How to Buy a House

Life Insurance

Your Credit Score and Credit Report

How to Save for Retirement

Resources and Forms

Ask a Question

How to get out of debt

Better Personal Finances

Best Way to Get Out of Debt

Better Personal Finances is intended to help anyone, no matter the situation you may be in, get out of debt and get control of your personal finances. It can be very difficult, but it is the best thing you will ever do for your family. The information found throughout this site can help you through a step by step process toward healthier personal finances.

Personal finance is arguably the most important subject anyone should know, and the most neglected subject in all of standard and higher education. Our culture neglects this knowledge and leaves all of us to stumble around guessing, falling in to debt and other damaging financial situations. It leaves us to try to figure out what all we are supposed to learn about and to then go and learn about it all. This site is meant to help you do exactly that. It is meant to help you develop a base knowledge of general personal finance and specific tools that you can use to develop healthy financial habits.

One of the biggest problems is that most personal finance knowledge comes from people we know (who are probably normal, which means broke but financed enough to not realize it) and a culture that is all about promoting bad habits. We are taught that credit cards are good, some debt is good, and we think that if "everyone does it" then it's a good thing. This is dangerous. We need to step back to when people were independently stable with their money and lived below their means. We need to go back to when people didn't use debt and the only exception was a modest mortgage, and they hated to have that. They didn't go in to debt for a car, vacation, education, dishwasher, chair, or a dinner. If they couldn't pay cash for it they went without. This seems so backwards these days that it isn't even funny. They may not have had 60" LED TVs, but they had financial stability. They had things that actually belonged to them, not just things they rented from the bank or credit card company. Because they didn't spend every dollar they earned and then some they had cash set aside for a rainy day and could handle life in a much different way.

This may seem a bit extreme, but I am confident that if you read through the articles, follow the process outlined on this site, and ask questions you will develop better habits that will set you on a much better financial path.