Monkeynomics 101: Debt Management and Bankruptcy

< object kind= "application/x-shockwave-flash" design =" width:425 px; height:355 px;" information="// ">< param name=" motion picture" value="// "/ > Prior to we can stress about spending, we need to free your revenue, so today’s lesson is regarding debt management, and also severe solutions such as filing personal bankruptcy.

ANDEX Graph (Morningstar).

Average American Debts.

Student Car loans:,264 APR 5%.

Bank card Financial obligation:,611 APR 14.9%.

Credit Card Usage

Auto Finance Debt,000 APR 4.31%.

Mortgage Debt: 5,192 APR 3.8%.

Typical 401K Equilibrium 1,650.

Dave Ramsey.

Terrance Popp: “Deadbeat Father Issue”.

Insolvency: Phase 7 and also Chapter 13.

Chapter 13 Bankruptcy FAQ:.

Tune: “William Tell Overture” by Rossini. Politeness of the YouTube Sound Library.
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