The Debt Consolidation Trap: Why 40% Re-Run the Cards Within 2 Years
NY Fed data reveals 40% of debt consolidation users reload their cards. Learn the psychology behind this trap and proven prevention tactics.
10 min read
Tag
#debt-psychology
4 articles
The Debt Tsunami Method: Pay Off Your Most Emotionally Heavy Debt First
The debt tsunami method prioritizes emotional weight over interest rates. Learn when this alternative to snowball and avalanche works better for your mental health.
10 min read
Why the Debt Avalanche Method Has a 40% Higher Dropout Rate Than Snowball
The avalanche method saves money on paper, but behavioral psychology explains why 40% more people quit this strategy before becoming debt-free.
7 min read
Shame and Money: Why You Feel Terrible About Debt (And How to Let It Go)
Money shame keeps you stuck in debt cycles. Learn why debt isn't a moral failing and research-backed strategies to break free from financial shame.
14 min read