Archive for the ‘debt’ Category
Here a financial myth that I’ve believed for far too long:
Myth: If it makes the most math sense it must be the right choice.
Reality: We must work the math system for a period of time so that we can ignore the math.
You cannot ignore the math for your entire life. In fact, the problem with most people is that they try and ignore the math. They spend more than they earn. Borrow beyond their capacity and end up upside down in debt. Math is a reality.
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New Credit Card Rules and You A hot topic among personal finance writers and bloggers is how the new credit card rules will affect existing credit card owners. I have already received a notice from our credit card issuer (yes - we have one). Mr. ToughMoneyLove scanned the document to make sure that it did not...... -
Festive Link Love Carnivality #20 I've been a bad blogger! I haven't been updated as often as I would like. It's only going to be more spotty for the next week as we're heading off on vacation for a few days. We're keeping it relatively since we just bought a car. We'll be driving......
Do you want something badly enough to borrow money?
When it comes to debt, it’s a hard concept for me to endorse. I find it very hard to think that there are things I want badly enough that I would take on a debt to buy.
But the general public obviously doesn’t share my concern.
I have a serious case of debt allergies. However, if I’m creative enough (honest enough?) I’m sure there are some things that would cause me to take on debt. So I started trying to think of reasons I might consider taking a debt. Here’s the list of questions that I came up with (the answer to many is still “no” for me):
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Tips To Survive The Credit Crunch Today's article is written by guest blogger Trisha Wagner. Does the economy have you feeling down? It takes a boat load of positive attitude to look at the current credit crunch and not feel a bit of apprehension regarding your finances. So if you find yourself worrying about what the...... -
Answers to Common Mutual Fund Questions Mutual funds have always been a great place to invest money over a long period of time, if you pick one out with low fees and a solid track record of making a very decent rate of return. If youâve never invested before, itâs never too soon to start! You......




