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Archive of posts tagged Credit Cards

My mom stole my identity

I’m pretty excited about today’s post because it’s gonna provide some very interesting responses in the comment section below (assuming you leave me a comment that is ). I was browsing the web yesterday and came across this question in a PF forum… My mother has been using my credit cards and has ran up [...]

Interest is interesting

The interesting thing about interest, is that it acts as our frenemy (friend/enemy). It’s often a major player in wealth building, but also one of the driving forces behind the ‘paycheck-to-paycheck’ lifestyle. It can work for or against you. The choice is yours. To kick things off, I thought I’d start with a chart I’m [...]

You’re not broke, you’re stupid

The title of today’s post may be a little harsh, but I’m not one for sugarcoating. If you have been in a coma for the last two years, you may not have noticed the economy is not in the greatest shape. There is no denying many Americans have been affected by the economic downturn, but [...]

My credit score: A love/hate relationship

What’s that saying? Oh that’s right, “Damned if you do and damned if you don’t.” I’ve never really had a reason to use this phrase before, but when it comes to my FICO score, it is the first thing that comes to mind. The only way to have a high FICO score is to continually [...]

What are you worried about?

I’ve never really understood why asking people about money is off limits. What are people worried about? Why is it offensive to ask someone how much their new car cost, how big their mortgage is, or how much they are contributing to their 401K? Finances are often a “don’t ask, don’t tell” gig. Now I’m [...]

“Good debt” is for dumb people

I was facebook chatting yesterday with one of my loyal readers. She was discussing her car loan, when I mentioned my student loan. She said “At least your student loan is ‘good debt’.” She put good debt in quotes because she knows (and I know) there ain’t no such thing as good debt (did you [...]