This post has been written by Mike from Green Panda Treehouse . He is a financial planner and run s several finance blogs within his online company. I must admit it right away: I’m not frugal . I actually hate to save my pennies. I do however, totally understand people who pursue their quest to live frugally and strive to cut their expenses. Most of the time, they are ...

My first goal in my quest to pay off my student loan debt is to track every penny I spend in the month of January.  It’s tedious.  It’s sometimes hard to remember.  And it’s hard to wait a whole month before really setting up the budget.  But tracking expenses is important, when it comes to debt repayment. Expense Tracking Shows You Why You’re in Debt If you’re in debt, most ...

Managing credit card debt can be difficult, especially in today's tough economy. The point is that, whether we like it or not, we need credit cards in our everyday lives. From helping us out in an emergency to building good credit, credit cards have become an essential element in a consumer's financial life. Nevertheless, we need to learn to use them responsibly instead of drowning ourselves in debt.When you're struggling ...