Providing news articles from a debt prevention perspective.

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Helping to find your Debt Independence Day

Helping to find your Debt Independence Day

By Eric Swanson On April 3rd, BeatingDebt.org hired Gerry O’Neill to help visualize people’s Debt Independence Day. Gerry...  Read more »

When is your Debt Independence Day?

When is your Debt Independence Day?

By Eric Swanson We would like to introduce our newest project called: Debt Independence Day Getting out of debt and staying out...  Read more »

Beating Debt Radio Interview w/ WTRU

Beating Debt Radio Interview w/ WTRU

By Eric Swanson On Feb 27th, I was invited by Robby of “Robby’s Hobbies” to be interviewed for WTRU.  “Robby’s...  Read more »

Keeping Pace Raleigh goes to the NC Food Bank

Keeping Pace Raleigh goes to the NC Food Bank

By Eric Swanson An important part of the Keeping Pace program is to organize monthly debt evangelism and/or volunteer opportunities...  Read more »

Teaching Life[style] Reduction at the Flea Market

Teaching Life[style] Reduction at the Flea Market

By Eric Swanson I had a great experience interacting and sharing our vision of families staying away from debt.  The goal of...  Read more »

Grand Re-Opening of ShopResponsibly.org

Grand Re-Opening of ShopResponsibly.org

New Design We recently updated our new site with a new look and functionality.  We are now able to better serve your customers...  Read more »

Donating in non-traditional ways

Donating in non-traditional ways

Some people might be hesitant to donate on a monthly basis to BeatingDebt.org. For those that find themselves in this situation,...  Read more »

News

Fed worried about growth, entices people to take on debt

Fed worried about growth, entices people to take on debt

By Eric Swanson Recently, the Fed made a decision to buy Treasury Bonds in an effort to help entice citizens to take on more...  Read more »

Consumer credit down 0.7 percent

Consumer credit down 0.7 percent

By Eric Swanson The Federal Reserve released its latest preliminary findings of revolving consumer credit, better known as credit...  Read more »

Consumer credit down 4.5 percent

Consumer credit down 4.5 percent

By Eric Swanson The Federal Reserve released its latest preliminary findings of revolving consumer credit, better known as credit...  Read more »

G-20 commits to reduce national deficits

G-20 commits to reduce national deficits

By Eric Swanson In a surprising move by the leaders of the 20 biggest economies, the G-20 decided to halve national deficits...  Read more »

Household debt down 7th straight quarter

Household debt down 7th straight quarter

By Eric Swanson On June 10th, the Federal Reserve released its latest findings on Consumer Debt Outstanding.  In reflection...  Read more »

Consumer credit up 0.5 percent in April

Consumer credit up 0.5 percent in April

By Eric Swanson The Federal Reserve recently released its latest preliminary findings of revolving consumer credit, better...  Read more »

Consumer Credit up 1 percent, second time this year

Consumer Credit up 1 percent, second time this year

By Eric Swanson The Federal Reserve recently released its latest findings of revolving consumer credit, better known as credit...  Read more »

Latest Entries

The musical chairs of wealth

The musical chairs of wealth

By Eric Swanson The game of musical chairs is unfair. Children play the game with playful music in the background while circling around fewer chairs than there are children.  No matter how quick or cunning the children are,... Read more »

‘Zombie Consumers’ hurt themselves and their community

‘Zombie Consumers’ hurt themselves and their community

By Eric Swanson Liz Pulliam Weston bravely defined consumers who make emotional shopping decisions as “Zombie Consumers”.  Most citizens would consider themselves rational shoppers who seek a good deal.  However,... Read more »

The Truly Secret Secrets to Saving

The Truly Secret Secrets to Saving

By Eric Swanson Donna Rosato wrote an article for Yahoo’s Financially Fit series that showcased 8 families and their “extreme” saving habits.  These families shared with the public their truly secret secrets... Read more »

Should Christians Shop on the Sabbath?

Should Christians Shop on the Sabbath?

By Eric Swanson What is the most recognized Sabbath day in America? Sunday What is the most profitable day for retailers in America? Sunday Why do some Christians say Sunday is the Sabbath and then go out to malls and restaurants... Read more »

Will you accept the Digital Coin as currency?

Will you accept the Digital Coin as currency?

By Eric Swanson Paul Grignon, the creator of Money as Debt movie, created a proposal of a digital currency system based on the LETS system.  On his website, Digital Coin, he provides two videos that easily describe the problems... Read more »

Should we lend to the less fortunate?

Should we lend to the less fortunate?

By Eric Swanson The usual quote about helping the less fortunate is: “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” – WikiQuote However, according to a... Read more »

Obedience: The Key To Prosperity review

Obedience: The Key To Prosperity review

By Eric Swanson “Prosperity is not a luxury, it is a responsibility” – Wayne Coleman Obedience: The Key To Prosperity by Wayne Coleman defines the basic tenants of God’s opinion on our finances.  Coleman... Read more »

The Challenge of A Christmas Carol

The Challenge of A Christmas Carol

By Eric Swanson A Christmas Carol had a darker side, “The Dickens classic is not just charming. It’s also brutally realistic about the world, then and now.” “This was Dickens’s London – a place... Read more »

Is America replacing wealth with debt?

Is America replacing wealth with debt?

By Eric Swanson The new Forbes’ list of richest people in the world was recently released. In interesting news, the new richest person in the world is from Mexico named Carlos Slim Helú. However, the more interesting... Read more »

Dollarless Deals, A Great Alternative to Using Debt

Dollarless Deals, A Great Alternative to Using Debt

By Eric Swanson Bartering is fast becoming the new normal for frugal citizens.  Many business owners provide services that they are now willing to trade for other similarly valuable services or products.  The truth is, though... Read more »

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