From the category archives:

debt

Personal Finance Bible Verse Of The Day: Not Paying Your Debts

June 18, 2009

It is better that you should not vow than that you should vow and not pay - Ecclesiastes 5:5
In this day and age it seems to have become more and more common for people to live above their means, and to use credit and debt to increase their lifestyle. Instead of saving up for things [...]

9 comments Read the full article →

New Legislation Will Bring Changes To The Credit Card Industry

May 29, 2009

If you’ve been reading this blog for any period of time, you probably know that I’m not a huge fan of credit cards. As a Dave Ramsey fan and facilitator for his Financial Peace University class, you’d probably understand why. In general I think that using debt and credit are just poor ways to get [...]

2 comments Read the full article →

Are You Emotionally Invested In Your Credit Card?

March 25, 2009

I was listening to the Dave Ramsey show on my way to work this morning, and Dave was talking to a caller on his show that had just taken the plunge, pledged to go no further into debt and then cut up his credit cards. He was talking about how it had been extremely [...]

13 comments Read the full article →

Tip: The Credit Card Companies Are Not Your Friend, They Just Want Your Money

March 3, 2009

I’ve noticed lately that the credit card companies are using a new tactic (or at least new to me). They’re doing things for cardholders that on the surface appear to be helpful in order to make you think that they’re on your side. They’re you’re friend, and they’re here to help you!
I’ve seen a Discover [...]

16 comments Read the full article →

Dave Ramsey’s 7 Baby Steps: Step 2 - Pay Off All Debt Using The Debt Snowball

February 13, 2009

Last time we looked at Baby Step 1, saving up an emergency fund of $1000. You’re saving up that money for a variety of reasons, but mainly because you know you’re going to have little “emergencies” popping up all the time, and the baby emergency fund will help keep you from going further into the [...]

4 comments Read the full article →

Dave Ramsey’s 7 Baby Steps By The Numbers: Getting Started

February 10, 2009

I’ve been writing about personal finance for just over a year now. During that time I’ve written a lot of about Dave Ramsey and his class “Financial Peace University“, but I realized that I’ve never written in depth about his 7 baby steps plan to getting your finances in order and on track. So today [...]

14 comments Read the full article →

The Best Decision Doesn’t Always Make The Most Financial Sense

January 20, 2009

One thing that I’ve come to realize over the years is that getting your finances together and winning financially doesn’t always make sense. In fact, sometimes, it defies financial logic.
There are a lot of reasons why this is the case, but for me the most convincing one is that we as humans aren’t perfect [...]

15 comments Read the full article →

A Commonly Believed Myth: The Little Guy Just Can’t Get Ahead

January 12, 2009

photo credit: ivoryelephantphotography

During the time that I’ve been writing this blog, one thing that I have noticed is the difference in attitudes between those who are on their way to financial success, and those who just seem to be mired in debt and despair. They have a distinct difference is an attitude and outlook.
Those [...]

19 comments Read the full article →

Headed for Debt Disaster? Here’s How to Tell

December 4, 2008

This is a Guest Post written by Tisha Tolar. Tisha is a freelance writer providing content for CreditCardAssist.com, where she regularly writes about credit cards, rewards programs and general consumer finance issues.
Busy, busy, busy. That is how so many people describe their lives today. There is not always time to truly focus on the important [...]

1 comment Read the full article →