Go Green – Save Money

Going green is a trend we're all so familiar with lately. The challenge most people have is not a desire to do what's healthy for the environment, but doing it without breaking our budget. Experts suggest using energy efficient appliances, light bulbs, and heating and cooling systems, but most of us can't make such expensive...

Credit History – The Importance of Maintaining Good Credit

Credit (an agreement to repay a loan over time) is becoming ever more pervasive in our society. What used to be the exclusive privilege of the wealthy has only in the past 50 to 100 years become available to the masses. From buying a new home or car to purchasing a burger, shake and fries,...

Credit Definitions, Basic Terms and Concepts

Here are some basic terms to know, especially when building or rebuilding your credit score. APR: Total cost of loan on an annual basis, including interest charges, annual fees, points, and other finance charges. Asset: Anything of monetary value, commercial or exchange value that is owned by a person or entity. ATM Card: A card...

Credit Cards, Debt, Interest and Money

Here are some interesting figures I had put together a few years back. Interesting figures to say the least. I thought I would repost them. Did you know...? The average APR for standard and gold credit cards is over 13% according to bankrate.com. The average APR for all...

Wise Usage of Credit, Credit Cards and Your Money: 8 Tips

Here are 8 tips that will help you use your credit wisely. Following these principals should help increase your credit score and standing. Make all payments on time. Don't wait until the last minute to send a payment. Pay off the entire balance every month. You'll never be charged interest this way. Avoid credit...

Five Smart Moves for Buying “Used”

Patience may be virtue, but when it comes to our spending habits, patience can also be a money saver. Check out the following list of things you can usually find for less money if you'll either be patient and wait a while or find it used. Read the "Think Twice Factor" for cautions or considerations....

Debt Consolidation, Bankruptcy or Debt Settlement?

Consumer debt...how would I love to pay thee off! Let me count the ways... We live in a culture where the burden of consumer debt has not only become acceptable but even expected. Since the average household in America carries nearly $17,000 of credit card debt, a large percentage of American households are looking...

The Mortgage Meltdown, Forclosure Frenzy and the Credit Crunch

Whatever name we apply to it, our nation's economy has received a particularly challenging blow over the past few years. The Good O'l Days of solidly appreciating home values and easily obtainable financing seem much further in the past then they are in reality. While we regularly hear blame heaped upon unscrupulous lenders, devious brokers...

Do It Yourself Bankruptcy – Some Things To Know First

Bankruptcy, although necessary for many individuals, should be utilized as a last resort once all other options have been reviewed first. One of the first things that a person can do is review their own spending patterns or habits before seeking help. If acted upon before the problem...

Filing Bankruptcy – Credit After Bankruptcy

So I’ve filed for bankruptcy, now what? I’ve heard from several people who have filed for bankruptcy protection that once they have successfully filed the last thing they want to do is deal with their finances. I recommend that a person...