As you’ve learned from my previous tale of w(owes),
I was living off credit cards and student loans and
was not able to pay them back.
Many not-so-pleasant things can happen to you
if you don’t pay your credit card and student loans.
Here’s what happened to me…
I started getting letters from my student loan lenders telling me
to pay the […]

Merry Christmas and Happy Holidays!
On this Christmas Day don’t stress out
worrying about your student loans and
credit card debt.
Enjoy the holidays with your family and friends.
You will be healthier, wealthier, happier and
better able to enjoy life, if you make your
physical and mental health and fitness
one of the keys to your lifelong success.
It’s not how much money […]

Part 2 of 4 - What Happens when you Don’t Pay?
I graduated from Howard University with a B. Arch. and
eventually found work in a small Architects office with a
fellow classmate of mine in sunny Nassau, Bahamas.
I rented a beachfront bungalow and worked on
Paradise Island. Life was good…
Until one day I found out that I needed […]

Student life, I know for a fact is one of the most exciting parts of life
that most of us may wish to relive. The fun, the independence,
the sudden shouldering of responsibility, the freedom, the parties…
Studying up to late hours and hard work put in to build a promising
future are all part of the same game. […]

Studies show that two-thirds of students have significant
student loan debt coming out of college.
Ten percent of them owe $35,000 or more.
Are you one of them?
If so, don’t worry. This blog is designed for you to get back
control of your finances.

My name is Carl Willoughby.

I was a licensed agent and Registered Representative
with the Prudential Insurance Company.
I […]

In the last century, with the advent of credit cards
and easy credit, the way in which we as a society
consume material goods has shifted radically.
For our grandparents, shopping meant buying
provisions to satisfy their physical needs.
Today, in addition to buying necessities,
we shop to indulge ourselves in luxuries.
eBay and the internet make buying those
$100 sneakers and the […]

The world we live in is built on instant gratification.
And what better way to receive instant gratification
than spending money you don’t have using credit cards.
This unchecked spending has lead many families deep into
credit card debt. More and more individuals find themselves
trapped in a cycle of debt of which they can’t escape.
Surveys have shown that an […]