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25 Top Blogs to Help You Get Out of Debt

As the debt crisis continues to rise around the world, many people are beginning to look for creative solutions to help them achieve financial freedom. Blogs are very useful for learning new methods of managing debt. Not only can you access professional advice provided by financial experts, but you can also read about the tips and tricks utilized by everyday people. We have compiled the top 25 blogs to help you get out of debt, so you can start implementing effective debt management skills right away.

1.  7 Characteristics of Debt-Free People

Created by financial expert Dave Ramsey, this blog describes helpful characteristics commonly practiced by people who keep themselves out of debt.

2. How to Pay off $26,000 of Debt in 18 Months on a $35,000 per Year Income

Features one couple’s plan to get out of debt in 18 months. Details the couple’s monthly expenses and the budget designed to help them get out of debt.

3. Blogging Away Debt

A personal blog operated by four different people who contribute tips and advice on getting out of debt. Includes a question and answer section where specific reader questions are addressed.

4. Give Me Back My Five Bucks

Outlines a young girl’s story of paying off her debt in just one year. This blog is frequently updated with new posts that provide tips and information for getting out of debt.

5. Debt and Credit Tips

A debt blog by ReadyforZero. Contains information on subjects such as managing credit card debt and controlling stress levels while you pay back debt.

6. Managing Debt

A blog dedicated to offering expert financial advice. Covers a wide variety of topics such as negotiating medical bills and tips for dealing with debt collectors.

7. 33 Proven Ways to Reduce Personal Debt

Written by a woman who managed to pay over $66,000 in debt, this is an excellent blog post that lists 33 easy-to-use tips for saving money and paying off debt.

8. Debt Advice Blog

Based out of the U.K., this is a personal blog that documents one man’s struggle to overcome debt. Contains useful information on topics such as credit card debt and setting up a Debt Management Plan.

9. Debt Roundup

A personal finance blog that offers advice on managing your finances and getting out of debt quickly. Also provides tips for how to proceed once you have managed to pay off your debts.

10. ReadyForZero

Offered by ReadyForZero.com, this blog provides everything you need to know about debt. Includes  specific information on topics like student loans, and advice on how couples can manage their money.

11. No Debt Plan

A personal blog designed around the author’s custom plan to get out of debt while creating the foundation for a lifetime of wealth.

12. LuckyRobin’s Personal Finance Blog

The personal story of a stay-at-home mom and the methods she implements for paying off debt, including over $100,000 in medical bills. Also provides budgeting and lifestyle tips.

13. Dear Debt

An informative, yet humorous blog that compares debt repayment to leaving a toxic relationship.  Also features “dear debt letters” submitted by readers who share their own personal debt stories.

14. Blogging For Change

Provided by Money Management International, this blog offers professional advice for handling your money and responsibly managing credit.

15. DebitSavvy Blog

A professional  blog for DebitSavvy.org that covers a variety of financial topics such as college money management and how to avoid accumulating more debt.

16. Get Rich Slowly

A comprehensive blog that covers a wide range of financial topics such as mortgage and credit card debt. Also displays personal stories of debt submitted by readers.

17. 73 Great Debt Elimination Tips

A detailed blog post that lists 73 tips and methods for effectively reducing your debt and paying it off quickly.

18. Becoming Debt Free & 6 Odd Tips That Helped Us

Describes the methods one couple implemented to successfully get out of debt, even when they were both self-employed and had an unpredictable monthly income.

19. 6 Ways To Get Out Of Debt Fast

Provided by CanadianLiving.com, this blog contains useful advice from financial experts and links to online tools that can help you develop a bugdet for getting out of debt.

20. 50 Ways To Become Debt Free

Written by a woman who managed to pay off her mortgage in only 5 years, this blog offers 50 different methods for cutting back on expenses and reducing debt in a short amount of time.

21. 7 Steps to Go From Being in Debt to Financial Freedom

This blog post describes 7 things to consider when beginning your journey to financial freedom, and also addresses ways to keep your motivation high during the process of becoming debt-free.

22. Reduce Debt

Presented in a six-part series, this blog explains the difference between good debt and bad debt. It also explains how to adjust your repayment schedule so you pay less on interest rates.

23. The Credit Repair and Debt Reducer Expert’s Blog

Contains information on a variety of topics including debt settlement and consolidation, student loan repayment and tips for saving money on special occasions such as vacations or weddings.

24. Debt Kid

Authored by a man who recovered from over $250,000 in debt, this blog provides useful information on subjects like bankruptcy, student loans and short-selling your house.

25. How To Get Out Of Debt

Includes a detailed explanation of how to prioritize your debts, and also gives tips on how to effectively organize financial information so you can make a plan for repayment.

Bonus: The BDC Blog

Of course we can’t forget about our own blog! We think it’s pretty good at least. Hopefully you’ll find it helpful as well! It’s filled with a variety of topics including: getting out of debt on your own, using a debt relief company, how to make extra money and much more.

  • Takes your existing debt and try to settle with your creditors for a lower amount. If you pay off the settled amount, your debt will be considered paid in full.
  • Negotiates with your creditors on your behalf.
  • Fee based on a percentage of your total starting debt or a percentage of the debt they save you.
  • Most settlement companies have you create a separate "escrow" account where you will make monthly contributions over a certain amount of time to contribute to your settlement. Once there is a substantial amount of funds to show your creditors, the settlement company will try to negotiate a lower amount of debt.
  • Combines all your debts and creditors into one monthly payment.
  • Allows you to pay one monthly payment to the consolidation company, instead of multiple payments to different creditors.
  • You no longer owe your original creditors; instead you pay one monthly payment to your consolidation company.
  • Consolidation companies can help negotiate lower interest rates on your debts and help lower your total debt payment in the long run. A lower interest rate will lower the amount you owe in the end.
  • Allows you to consolidate all your different debts into one personal loan that can be paid off over time.
  • Can offer borrowers a lower interest rate with a longer payback term (compared to high-interest credit cards or medical bills). This will lower the amount of money required to pay off the loan over time.
  • Personal loan debt consolidation can be an effective way to raise your credit score quickly (within 3-6 months).
  • Borrowers can receive funds from their loan within only a few days.

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