Paying off debt, retail therapy, growing wealth, student loan debt and fun money saving tips.

1. How Paying Off All My Debt Changed My Life

Fast Company — Just four years ago, Stephanie and her husband were $200,000 in personal debt. Their mortgage was their largest debt. Their second largest was credit card debt at $25,000. They were unhappy and scared. So they listed their debts on a white board “and knocked them out one by one.”

She admits it was intense but the results were astonishing — not just financially but personally, too. Their stress diminished and they didn’t feel like they were controlled by their financial situation. They could actually do things without worrying about money. And they don’t ever plan on going back into debt like that ever again. Give her post a read.

2. Retail Therapy Makes 85 Percent Of Adults Feel Good

Money Talks News — This is bad news, but I guess it’s not surprising. People have been using shopping as a mood enhancer for decades. Unfortunately, that good mood doesn’t last. In his book Power Up, Howard Dvorkin, Chairman of, explains that retail therapy is “only a temporary fix.” Once the good mood wears off it’s usually replaced by credit card debt and depression.

Karla found these results from a survey by The survey also revealed “that 96 percent of American adults admit to participating in retail therapy.” Fourteen percent would even choose shopping over sex. I wonder how their spouses feel about that?

3. 10 Rules To Get Rich and Grow Wealth

The College Investor — Robert admits that this is not an “overnight process.” It’s also not a “get rich scheme.” These 10 rules will only work for people who dedicate themselves toward this goal. The first rule is: “You have to earn it.” There’s no getting around this rule. If you want money you’ll have to work for it. He recommends working several jobs if possible.

Rule number five is interesting: “You need to marry smart.” We’ve discussed money and love before and Robert proves our point once again. He found a study that revealed “divorce destroys 75 percent of personal net worth.” If you’ve got the gumption and the patience, follow Robert’s advice and prosper.

4. How One Couple Paid Off $91,000 of Student Loan Debt in Under Three Years

L Bee and the Money Tree — Lauren interviews her friend Kayla for this post. Kayla, along with her husband, is responsible for paying down this enormous debt. Why was it so enormous? Well, Kayla made a few mistakes when she took out her student loans. She’s not alone, though. Many young people just take out these loans without thinking about the consequences.

One rather large mistake Kayla made was not only taking out loans for tuition and books “but I also always took out extra to cover living expenses.” Surprisingly, Kayla educated herself on financial issues during her senior year, because she knew that once college ended, she’d have a major debt issue. I say “surprisingly” because most students don’t take that step. It’s was a smart move. Check out this post.

5. How to Make Saving Money Fun — This is the BEST Way to Save Money

Making Sense of Cents — Saving money probably won’t make many top 10 lists for having fun. Michelle is different, she believes saving money is a hoot, but then again she also “nerds out” about it. And because most people don’t think like her, she brings some excitement to the game.

She says “challenging yourself to save more money is great.” For example, if you purchase something that you consider frivolous (you don’t necessarily “need” the item), like new sunglasses, you would put the same amount you spent in a savings account. How do you make saving money fun?

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Brian Bienkowski

Brian Bienkowski


Bienkowski is a contributing writer and is the face of's 'By the Numbers' videos.

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Article last modified on October 25, 2017 Published by, LLC . Mobile users may also access the AMP Version: Around the Web: How to Grow Wealth - AMP.