This is an article written by Bob Brooks over at prudentmoney.com. Bob has a great website, blog and radio show weekdays from 3:30 to 4:00 pm on 91.7 FM KVTT (Dallas/Fort Worth, Texas). Check out his website and radio show podcast now! Subscribe to his feed here There are many people who are faced with […]
7 Things You Can’t Do If You Want To Stay Out of Debt
Being debt free is great, but be careful or it won’t last! My wife and I paid off our last debt, a student loan, just over 2 years ago. It was such a freeing feeling to finally be debt free (except for the house) and we vowed to never go in debt again. The problem […]
Personal Finance Bible Verse of the Day: Do not borrow
For the Lord your God will bless you as He has promised you, and you will lend to many nations, but you will not borrow; and you will rule over many nations, but they will not rule over you. Deuteronomy 15:6 Another scripture that stresses the importance of not going into debt. We are told […]
Finances and Personal Responsibility: Who Is To Blame For Your Money Problems?
The Victim Mentality I was reading a post over at Moolanomy.com the other day that really got me thinking about the idea of a victim mentality, personal responsibility and how people handicap themselves by blaming others when they have problems. I think it is helpful to first define when I mean by a victim mentality. […]
Credit Crunch to Continue Getting Worse?
This year has been a tough one economically. We’ve had the foreclosure crisis, and now the credit crunch. People are bracing for the worst. Now leading academics are saying that the credit crunch may not be over yet. The deepening toll from the global financial crisis could trigger the failure of a large US bank […]
Are You Building Your Credit, Or Just Going Into Debt?
People love to spend money, and they’ll come up with any number of reasons that they just NEED to go into debt. They will tell you things like, “I’m only using this credit card so that I can build my credit!”. Or, “I’m only buying this new car because they’re giving me such a low […]
Fraud, Identity Theft Grow At ATMs
I recently posted on this blog about how identity thieves had made some attempts at stealing people’s credit card information and identities by putting “credit card skimmers” on the Redbox movie rental machines at local Mcdonalds, and grocery stores. After reading an article at MSN Money today, it sounds like this type of crime is […]
Save Money On Your Hospital Bills Just By Asking
My wife and I just went through an extremely expensive medical emergency in the past month where we ended up having to pay quite a bit of money to two different hospitals. Luckily we had health insurance (see yesterday’s post), and our liability was capped at $1800. Our emergency fund and tax rebate covered all […]
