Almost since I started reading about personal finance, experts in the field have been harping about how student loans are “good debt.” The only other types of debt that fall into this category, according to most financial gurus, are mortgages and business loans. We’re only going to focus on student loans, but I think the others are worth noting.
20 Foolproof Ways to Finish Poor (Part 1)
June 29, 2009 By 4 Comments
Ever wonder how some people make insolvency look so easy? If you’re envious of their ability to make dumb financial decisions look so smart, then envy no more. This post is the first in a three part series. I’ve compiled a total of 60 foolproof ways that you too can end up broke, busted, yea, even bankrupt. Use these techniques sparingly. Two or three should do the trick.
8 DIY Strategies to Boost Your Credit Score
June 24, 2009 By 3 Comments
Request a free copy of your credit report at AnnualCreditReport.com. Under the Fair Credit Reporting Act (FCRA), you have a right to receive a free copy of your credit report once a year from each of the three major credit reporting bureaus: Equifax, Experian, and TransUnion. AnnualCreditReport.com doesn’t provide a FICO score with your [...]
Blog Post Preview: Boosting Your Credit Score
June 23, 2009 By Leave a Comment
Just wanted to let my readers/viewers know what I’m working on. I got the urge to write about improving your credit score. Although I believe we should rely on credit as little as possible, FICO is just a reality of the world we live in. Until we’re wealthy enough to pay cash for everything, let’s [...]
It’s Not About the Money
June 22, 2009 By 2 Comments
No longer can I sit quietly while commenters on popular personal finance blogs dismiss the importance of scrimping on toiletries. Apparently, we shouldn’t concern ourselves with meaningless cost cutting strategies. Well, I’m not so busy that I can’t be bothered to restrict my toilet paper use and cutting a dryer sheet in half isn’t beneath me. Although it’s a well known fact that I’m a scrooge, refusing a needy comrade a piece of gum isn’t about the money. It’s about my time.
5 Tips to Stay Motivated and Get Out of Debt
June 16, 2009 By 11 Comments
Like losing weight, getting out of debt can be a long and toilsome process. However, piling on debt is easier than piling on the pounds. There aren’t any quick and easy fixes, so I’ve listed 5 tips that will help you stay motivated while you climb your way out of debt.
The Purpose of an Emergency Fund. Hint: It's Not What You Think
June 9, 2009 By 4 Comments
I was talking to a friend today about the difference between an emergency fund and a sinking fund. She heard the term “sinking fund” on The Dave Ramsey Show so she called me up to ask if I’ve ever heard of one. Well, I listen to The Dave Ramsey Show too, and if I remember [...]
Get Over Yourself. You're Overpaid.
June 5, 2009 By 3 Comments
I don’t know if it’s arrogance, ignorance, or entitlement, but I often hear my fellow citizens exclaim the value of their time. When faced with a task they find unpleasant, they opt to pay someone to do it for them. In many cases, this is perfectly acceptable. However, I find a lot of people’s estimation [...]
