Category: debt

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10

Why You Should Never Ignore Your Credit Card Debt.

For those of you carrying around credit card debt and are feeling the weight of the world bearing down on you, please heed this advice if you don’t listen to anything else: Never run away from your credit card debt.
By run away, I mean completely pretend it doesn’t exist, stop making payments, hide [...]

2

Holy Moly Now These Are Some Carnivals!

Both the Carnival of Debt Reduction and the Carnival of Personal Finance came out today, so if you have not checked out either one of them, you might want to get started right away. There is a ton of valuable information at both carnivals, so be sure to set aside some time to read through [...]

7

Having Debt Does Not Make You A Bad Person.

Two days ago, I received an email from a reader complaining about being in debt, feeling trapped by it, and feeling like a failure because his (or her?) friends are buying houses and are able to afford new cars. They felt really bad that they could not give their family the type of life that [...]

3

Favorite Blog Wednesday – The Habits Of Zen.

The 12th personal finance site in my series “Favorite Blog Wednesday” is Zen Habits, written by my friend Leo. Leo started blogging not that long ago, but already has tens of thousands of visitors a day along with over 4,000 RSS subscribers. That’s quite an accomplishment in such a short amount [...]

0

It’s The Mortgage Industry’s Fault For Low Sales At GM.

At least thats what GM’s Bob Lutz seems to think. I generally think its their lack of interesting cars, bad design, poor fuel economy and better competitors, but that’s just me.
Sure, people are having trouble paying their mortgages lately, but I bet the drops in auto sales are not as significant at Honda [...]

1

Money Quote Friday – Buy An Elephant Edition.

This morning at the ATM machine, the guy next to me was on his cell phone talking to one of his buddies. This was what I heard:
“Well, they were offering no money down and no payments till 2010, so we bought the big one. Might as well get the biggest and most expensive plasma [...]

1

Citigroup To Lay Off 17,000 People, Maybe Our Rates Will Go Down.

From the BBC this morning, Citigroup is planning on laying off 17,000 people worldwide…starting today. Maybe now since they will be saving so much money ($2.1 billion this year alone) by doing this, think they will cut us all some slack on our interest rates? How about giving everyone back their dividend cards?
Didn’t [...]

0

Guest Post – Which Debt Reduction Method Should I Use? – NCN

This will be the last guest post of this week, as we are coming back from vacation this weekend. Today’s guest post is from No Credit Needed, one of my favorite blogs!
I have been writing about debt and debt reduction for more than two years. Before you decide to get out of debt, may I [...]

0

Money Quote Friday – Going Hungry Edition.

It is an unfortunate human failing that a full pocketbook often groans more loudly than an empty stomach. ~Franklin Delano Roosevelt
Ain’t that the truth sometimes……
Happy Friday.

6

Want To See How The Government Wastes Your Tax Dollars?

We all know that the government tends to spend a lot of our tax dollars unwisely, but just HOW bad is it? The people over at Citizens Against Government Waste have just released their 2007 PIG Book, which is an annual compilation of the pork-barrel projects in the federal budget. This years book [...]

7

Favorite Blog Wednesday – Don’t Need No Credit.

The fifth personal finance site in my series “Favorite Blog Wednesday” is No Credit Needed, a great website and resource for those living with credit card debt. I have been reading NCN for quite some time, and it is always inspirational to read about people that have figured out that credit is [...]

2

You Know You Have Too Much Money When..

You buy this:

A $2,900 radio. That does the exact same thing as a Bose wave radio (or any other stero for that matter). You can also get the limited edition version for $3,492. Scary that people have that much money laying around.
Luxist

2

Money Guest Post – Learning As I Go.

(FYI – Since I will be out of town for a few days and my internet connection will be sporadic at best, I asked No Credit Needed to write up a guest post. Thanks NCN!)
I want to thank “My Two Dollars” for the chance to post an article as a “Guest Author”. I [...]

11

Why We Save Our Money.

United States Personal Saving Rate
Everyone knows that you should save your money.
But how many people actually do it? According to the latest statistics, not many. The savings rate in the United States has steadily gone down in recent years. My wife and I are on a mission to change that, at least [...]

1

Top Choices From This Weeks Money Carnivals.

Just wanted to give some credit to some great articles I found interesting from a few of this weeks carnivals. Enjoy!
First, from The 87th Carnival of Personal Finance:
More Questions That Will Prevent Impulse Spending from Penny Pinching.
The Miles We Have Traveled And The Money We Have Spent by Money,Matter and More Musings.
No Employer 401K Match? [...]

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