Category: debt

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Money Mistake Monday – Christmas Credit Card Pile On Edition.

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In today’s installment I am going to talk about….ah forget it, it’s Christmas Eve! The only money mistake people are thinking about now is waking up on Wednesday to find themselves buried in debt. The key is how you deal with it! I was in Target the other night [...]

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Presenting The 106th Carnival Of Debt Reduction.

Come one come all to the 106th Edition of the Carnival of Debt Reduction. My name is My Two Dollars and I will be your ringmaster for today’s visit. But before you head out to the tents or to leave for the day, won’t you consider subscribing to my own personal dialog by [...]

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The Start Digging Out Of Credit Card Debt Challenge – Week Six.

So, it has been about a month since the last time I posted an article for the challenge. How’s it going? Have you had any success in lowering your credit card interest rates? Any luck setting up bi-monthly payments? Everything going according to plan? Let me know any concerns you may [...]

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Guest Post – How The “Digging Out Of Credit Card Debt Challenge” Improved My Outlook On Life.

Today’s guest post is from I’ve Paid for This Twice Already.
I’m paidtwice, and I blog at I’ve Paid for This Twice Already… about our family’s struggles and triumphs with eliminating our debt. On July 16, David started his series right here at My Two Dollars called “The Start Digging out of Credit Card Debt [...]

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Some Interesting Facts About Credit Card Debt In The United States.

This month’s Mother Jones magazine has some…um…interesting facts about credit card and debt here in the United States. We all know that debt is piling up faster and faster in our society, but did you know that:

In 1970 only 51% of people had credit cards and today 93% do…and they hold an average of [...]

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Personal Growth Carnival – “That’s A Lot Of Growth” Edition!

That title just sounds plain wrong, don’t you think? Oh well. The Personal Growth Carnival went up yesterday over at Bryan C. Fleming and my post “There Will Be No Flashing Green Light, OK?” was included. Some of my favorites from the Carnival include:
Getting Green tells you how to win people over to [...]

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The Start Digging Out Of Credit Card Debt Challenge – Week Four.

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Hello again debt eliminators….how’s it going? I got a bunch of emails after last week’s post both thanking me for putting this list together and asking a few questions. Since last week, you were supposed to start setting up a bi-monthly payment plan on the credit card with the lowest balance [...]

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Personal Finance Readers Speak Out And Would Take The $25,000.

The other day I asked a hypothetical question to the readers…”Would You Take $25,000 Or A New Car?“. And without a single naysayer, every single person that either commented or emailed said that they would take the $25,000. Yes! That was what I was hoping would be the answer and I am [...]

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The Start Digging Out Of Credit Card Debt Challenge – Week Three.

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So last week you were supposed to leave your comfort zone and start calling the credit card companies. I got several emails from readers saying that they did it and got reductions on their interest rates…did you? They were talking about being nervous, scared, shaky…but after it was over and [...]

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The Start Digging Out Of Credit Card Debt Challenge – Week Two.

Last week your homework was a very simple task; gather up all your cards, write down the name, balance, interest rate and credit limit of each card. I am guessing you were able to complete this task in an hour or so, but I gave you all week because that is how slow we [...]

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The Start Digging Out Of Credit Card Debt Challenge.

Here is the goal of the Start Digging Out Of Credit Card Debt Challenge…to get you started on your way to living debt free. You are not going to get out of debt this month or next month unless you are sitting on a pile of cash that no one knows about. But [...]

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Carnival Of Debt Management #17 Is Up On This Fine Sunday.

The 17th Carnival of Debt Management is up and you can read the posts over at Debt Consolidation Lowdown. My post titled “Is It The Little Things Or The Big Things That Add Up To Your Money Problems?” was lucky enough to be included along with 7 other posts. Go check them out when you [...]

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Pay Off Debt Or Invest – Well, It Depends.

I think that the most common email I get from readers is “Should I pay off my debt or start investing and/or saving?”…and while there is no sure fire, no doubt about it answer, there are some general rules that you can follow. I am by no means a financial advisor, but there are [...]

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Is It The Little Things Or The Big Things That Add Up To Your Money Problems?

I know you have seen personal finance sites all over the internet telling you that in order to make ends meet, you might have to give up that weekly latte you are used to. It is usually the first thing people will say to you when you complain about money troubles, and even though [...]

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Want To Read Some Great Personal Finance Turnaround Stories?

Oh I knew you did! Head on over to Credit Card Lowdown to check out 100 inspirational personal finance stories that are sure to offer you ideas and hope for solving your own problems. Most of the links go to the “About” page on different sites (as that’s where a lot of [...]

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