Today I received an interesting note from The Vanguard Group. The article is titled: “Do you spend more when you use credit cards?” And of course, the answer is YES!
Here are just a few things that are cited in the article that I found very interesting:
Visa says that it reviewed 100,000 restaurant transactions to see [...]
So, if you’ve read any of my other posts on personal finance you’ve likely figured out that I think debt (that doesn’t make you any money) is bad. If debt is bad, and you have it, then you’re goal should be to get out of it!
How to get out of bad debt…
There are two mainstream [...]
Borrow from your 401k.
A few days ago I was at a dinner party with some friends. We were talking about a ton of different issues from politics to economics and during the course of the conversation privatization of retirement plans came up. One of the folks in the conversation said that he supported [...]
There has been a lot of noise lately about lenders “freezing” HELOCs across the country. For those of you that don’t know what a HELOC is here is a quick breakdown.
A HELOC, or Home Equity Line of Credit is a revolving credit line that uses the equity of your house to secure the debt. So, [...]
I’m sure you’ve all seen the commercials for Visa were the guy stops the progress of society by paying in cash…. Well, in my opinion that guy or gal is the smartest one in the room!
The dangers of credit cards…
The simple reason that I think cash is the best way to go is that it [...]
A major US Bank, a large vehicle financial firm and a student loan servicer own me.
Okay, so maybe that is a strong statement. They don’t really own me, but they sure do dictate what I do on a monthly basis. “Just as the rich rule the poor, so the borrower is servant to the [...]
Lately the biggest news on television has been about the Real Estate market and the sub-prime mortgage mess that our country is currently in. Given that the “American Dream” is to own a home, and that most average homeowners have a vast amount of there net-worth and personal financial wellbeing tied to their homes, I [...]
I’ve decided that I’m going to be adding another section to the blog. This section is going to be on personal finance.
The principals of personal financial management are tried and true, however it seems that even in our information rich society some of this just doesn’t get out to the public. While I don’t have [...]
