So many times I hear people talking about this special order they should be using to payoff their debts. Some of these debt-ridden individuals are now just dead-set on paying down their debts according to the highest interest rate first. This makes mathematical sense. Or does it?
Other people, Dave Ramsey included are proponents of a [...]

Lately I’ve been on a little kick with CNN Money that’s had me reading their site virtually every day.
Today I landed on an article about controlling debt and thought I should make a few comments. I’ll put all of CNNMoney’s comments in bold or italics throughout this commentary.
First off, the title is interesting: Controlling Debt. [...]

There’s a great article on CNNMoney that sparked a bit of desire in me to write. Society is getting further and further into debt, and once people realize what they’ve done, they go about it all wrong when trying to get out. The internet is full of debt management programs that give you the option [...]

A debt consolidation equity loan is one of the most touted financial products on the internet (not just on the internet, but it’s pretty rampant here). Why is this so? Because so many people are up to their eyeballs in debt. They get paid, and creditors take the majority of their paycheck.
The most common reason [...]

Being in the business of helping people with their personal budget, I peruse many, many websites for the latest-and-greatest when it comes to personal budgeting. Usually what you find is the same information – just packaged slightly different. That’s perfectly okay! The important thing is to recognize the good from the bad and ugly.
I decided [...]

Here’s a bit of free advice on credit repair. Do it yourself.
Of course, some people say free advice is worth what you pay for it – nothing.
Before I get into your credit report and possible credit repair, I thought I might disclose why I’m writing this article. The other day I did a search for [...]

I’m going to attempt to answer the age-old question: 15 vs 30 year mortgage: which is best?
And I hate to break this to you, but it all depends (and I’m not even going to mention taxes here).
I want to start off with a table (it’s the accountant in me) outlining some basic assumptions when answering [...]

Setting up a personal budget is not rocket science. In fact, it’s downright simple. At most it involves a bit of thought, discussion with your spouse, planning, and diligence.
One mistake people make when setting up a personal budget is the order in which they do the steps. Most people sit down, write down their income, [...]

I’ve never heard anyone say, “I just want to live a boring life.” It’s not really in our nature probably. Everybody wants some excitement, some new happenings, some big news to come their way. Everyone likes to have things to look forward to, anticipate, and enjoy. There’s probably a little bit of a kid inside [...]

Most of us really do have the desire to manage our finances. Most people really want to see their assets grow and their debts decline. Most people, at one time or another, contemplate using some type of software (Quicken, MS Money, etc.) to help them on their path toward financial peace.
I’ve been there.
I checked out [...]