College isn’t cheap, but not having a college education can be just, if not more, detrimental than the debt accrued while obtaining a degree. However, many aren’t excited about the thought of taking out thousands of dollars in loans to cover their college tuition. No one wants to try to find a job after graduation [...]
Read More >>A credit card and your teen may sound like a lethal combination. In fact, if you’re also a ‘recovering’ credit card user yourself trying to pay off a substantial credit card debt, you wouldn’t want your own children to touch that plastic card with a ten feet pole, lest they end up making the same [...]
Read More >>It’s called making a change in your life; we’ve all done it. Sometimes we do it more successfully than other times, and for different reasons, but we all make changes. With the economy the way it is, it’s no surprise that more and more people are wanting to live a relatively frugal lifestyle. Some are [...]
Read More >>As a mother and the other member of the two-man finance board in the family, I’ve long since discovered that keeping our credit card level in check can be one of the most challenging household finance issues to deal with. Debt tends to creep up on us slowly before we can even realize that we’ve [...]
Read More >>The central focus of the FreebieCreditReport.com site is, not surprisingly, credit reports. When I first visited the site, the thing that caught my eye was “Herbie,” a nerdy-looking guy that makes me think of that guy that’s always yelling obnoxiously about free grants (I can’t remember his name for the life of me!). Not necessarily [...]
Read More >>Drowning in credit card debt is a burden for many people. Sometimes you don’t know where to begin, or it seems like your debt is so large you’ll never escape. The following are ten simple ways to help you move towards debt-freedom. 1. Pay your highest interest rate cards off first. This is considered common [...]
Read More >>Have credit card debt? Almost everyone does. The Credit Card Blog has a great list of 33 Tips to Dig Yourself Out of Credit Card Debt (some of them are obvious, but honestly, this would be ideal as a checklist—seriously, print it out and cross off items).
Read More >>This evening, we had a friend over and he and I were chatting about design and whatnot. He went home, and then my husband and I were talking about Prosper and how we’d really like to start investing in it. I said that maybe we could once we paid off the student loans (knowing there [...]
Read More >>I just read a very sobering article that is documenting the woes of some families who have interest-only mortgages or adjustable rate mortgages (ARMs). I highly recommend reading the whole article (especially if you’re in this situation or know people who are, because there are resources mentioned at the bottom that might help) but here [...]
Read More >>Some of you may be familiar with private mortgage insurance (PMI). With most types of mortgages, if you finance more than 80% of your home purchase, you are required to purchase PMI, which is not for your benefit but for the benefit of the lender. If you default on your loan, the lender is protected [...]
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