In parousing BankRate.com, I found this article about college students, debt, and bankruptcy. It’s pretty alarming:
Gen Xers yearn to carve a new direction for society. Unfortunately, the direction appears to be straight into debt. Americans between the ages of 25 and 34 now boast the second-highest rate of bankruptcy, just behind the 35-44 group. The [...]
So you want to build a financial fortress, eh? You want to be financially independent. You want to be rich. You want to have enough money to do whatever you feel like doing. You want to be able to retire with dignity. You want your kids to be able to go to college. You want [...]
Nobody likes to talk about it, but a lot of people have a serious problem with their money. They spend more than they make. Use these three steps to stop your money spending problem before it gets you into too much trouble!
Symptoms of a money spending problem:
1. You feel guilty when you [...]
Most people are trying to go eighty miles an hour in third gear (in a Honda Civic). Not only does it make a really annoying noise, it’s not too great for the engine and is stressful on the driver.
When it comes to your finances, you’re probably about the same – sick and tired of trying [...]
One of the big reasons people don’t budget is because they get hammered by unexpected expenses. Perhaps you’ve experienced the same thing. Your budget has been going well for, oh, about 19 minutes, then “WHAM!” You need to pay the car insurance premium. Oh, and property taxes are due. Did I mention your daughter’s annual [...]
It was nearing the end of October several years ago and I had just proposed to my then fiance. We were going to be married in February of the following year. I was excited to begin our life together – more excited than I had ever been about anything – but I was also nervous. [...]
Let me warn you right from the get-go. You’re hearing this from a guy that is pretty darn close to totally anti-debt. Now that I’ve disclaimed my bias, let’s discuss briefly an early mortgage pay off. Should you do it? Maybe.
I discussed a lot of the issues with mortgages, interest, saving that interest, tax-deductible interest, [...]
The debate rages on across America. What are the advantages to certain credit cards, what are the disadvantages? Shouldn’t I be using at least a card that gives 5% cash back on gas and groceries? A gallon of gas, normally costing $2.25, would now only cost $2.14. A gallon of milk costing $3, would now [...]