Debt

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Christmas is on Dec 25th again…

Thursday, October 2nd, 2008

Christmas is on December 25th yet again this year. Only 84 days away. Like most years this is a surprise to people, forcing them to charge it to the trusty credit cards and be paying off Aunt Sally’s foot massager through June.
This year will be different. We will SAVE IN ADVANCE. […]

Break up with Debt

Wednesday, September 24th, 2008

In the situation yesterday I talked about one “action item” for them was to get out of debt. Today I want to show some steps on how to accomplish this action item.
I will show you what is called the debt snowball method. This is a proven method that helps you stay on track with attacking […]

Too Much House

Tuesday, September 23rd, 2008

I recently received a question regarding house payments and wanted to share some thoughts:
My husband and I are thinking about selling our house but we are unsure. Our mortgage payment is $2,000/month. This may not be pertinent but we LOVE our house. I recently received a large amount of money from an inheritance that we […]

Don’t Borrow Money from Loved Ones

Monday, September 15th, 2008

I have been asked before on whether someone should borrow money from a loved one. I try to stay away from telling people what to do, but what I merely do is say what I would do if I were in their shoes and then show my work behind it. My thought process on this […]

The Balance Transfer Game

Thursday, August 21st, 2008

My story to put it simply was I got a credit card when I was 18 to build credit. My plan was to charge something on it, then use online banking to make a payment…immediately.
This way I was not using credit, I was essentially using my bank card. This went well for a […]