David Bach

Getting out of debt -- and staying debt free -- requires commitment, discipline and hard work. There are no shortcuts. But there is a way to make the job easier. It's something that I have been writing, teaching and talking about for years now. If you want to succeed, you must make your plan...

State treasurers and other government agencies are currently holding more than $32 billion in unclaimed assets from 117 million accounts that their owners have either forgotten about or never knew they had. As the sentence above says, billions of dollars in unclaimed assets are sitting in...

For homeowners, the key to becoming debt free for life is paying off your mortgage as quickly as possible. Of course you can't even think about doing that unless you have the right kind of mortgage -- which is to say, a 15- or 30-year fixed mortgage with payments you can afford to make. If you...

Over the last two years, I have received more questions about student loans than I got in the previous two decades combined. The reason is brutally simple: Not only is college more expensive than ever, but because of the recession, it's also the hardest time in decades for college graduates to find...

My friend Alice had been a loyal, responsible user of her credit card since 1998. While she normally paid off her monthly bill in full, she had recently lost her job and as a result she was currently carrying a balance of about $10,000. Her interest rate had always been rather low -- about 9% --...

Not everyone has the knowledge and discipline to get out of debt by themselves. Many people -- maybe you're one of them -- need someone to take them by the hand and walk them out of debt. There is nothing wrong with this. My recommendation, if you decide you need some outside help, is that you...

Your credit score impacts your ability to get out of debt and stay out of debt. The worse your credit score, the higher the interest rate you will be charged on money you borrow. The better your score, the less your debt will cost you and the quicker you'll be able to pay it off.

You're probably ready to begin getting out of debt. But I've learned that if you want your motivation to stick, you need to be really clear about why you want to be out of debt. I'm going to ask you seven simple questions about your debt. Don't get nervous. There are no RIGHT answers -- only honest...

Today, I'm going to share with you a system to help you get out of debt called DOLP, which stands for "done on last payment." The DOLP system is the cornerstone of your Debt Free For Life plan. I've talked about it for over a decade, and I've taught it to millions of people. It's simple and it...

Late in 2010, I was sitting in the green room preparing to go on NBC's Today show for my weekly "Money 911" segment, which had been airing for more than two years. Oddly, this week, most of the questions seemed to be about debt. Then it hit me -- in just two years, we had gone from being asked...