Providing news articles from a debt prevention perspective.
Household debt down 6th straight quarter

Household debt down 6th straight quarter

On March 11th, the Federal Reserve released its latest findings on Consumer Debt Outstanding.  In reflection of good personal choices, personal debt went down by 1.2% for the fourth quarter 2009.  This is amazing because it brings the total personal... 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 money is tight, we can... Read more »

Personal debt is the biggest contibutor to inflation

Personal debt is the biggest contibutor to inflation

The below picture is a graph of the U.S. inflation rate by month from Dec 2007 to October 2009.  Notice that inflation is positive until about the beginning of 2009 and then it starts going negative. Beating Debt News is a non-profit production and... Read more »

Credit card debt down by 11.7 percent

Credit card debt down by 11.7 percent

The Federal Reserve released its latest findings of revolving consumer credit, better known as credit card debt.  Credit card debt was down for the month of December by a tremendous 11.7 percent.  This news is continued good confirmation for those... Read more »

How to prosper in this economy?

How to prosper in this economy?

By Eric Swanson In the past decade, many Christians felt that their self-worth was wrapped up in the following concepts: Becoming Wealthy. But Jesus said, “But woe to you who are rich, for you have already received your comfort.” –... 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 this educational rally was to teach shoppers about creating a life[style] reduction plan.  I was able to take three minutes... 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 by allowing them to easily search and find your business. Check it out at: http://www.shopresponsibly.org New Commitments We’ve... Read more »

Bills are keeping Americans from feeling rich

Bills are keeping Americans from feeling rich

By Eric Swanson By all accounts, Americans are still the richest people group in the world according to GlobalRichList.com.  However, a new survey shows that people are not feeling rich, nor do they think they will become rich in their lifetime. Beating... 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, there are now two more ways to help raise support for BDO. Create a donation page through First Giving. OR Donate web space... Read more »

Credit card debt down by 18.5 percent

Credit card debt down by 18.5 percent

The Federal Reserve released its latest findings of revolving consumer credit, better known as credit card debt.  Credit card debt was down for the month of November by a whopping 18.5 percent.  This news is continued good confirmation for those who... Read more »

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