Sometimes it’s easy to get caught up with frugality and saving but lose sight of the bigger picture. Some might say this is penny wise, pound foolish. You think you’re making smart decisions to save, but end up spending more in the long run. So, I was trying to think of some examples and realized [...]
When You Should Use a Credit Card
May 21, 2010 By 1 Comment
According to Money magazine, there are some instances when using a credit card is a good idea. A credit card can actually provide benefits using cash or debit can’t. Warning: The danger of using a credit card is in the ease of its use. It doesn’t take much effort to purchase on credit with the plan to pay [...]
Handy List of FREE Debt & Credit Calculators
December 1, 2009 By 4 Comments
Every good money manager or financial steward needs a handy list of FREE calculators to use when planning, especially, when it comes to understanding the cost of debt, or creating a plan to eliminate it. I’ve been thinking about writing a post for a while that includes a good sample of some of the better [...]
Should You Cosign a Loan or a Credit Card?
October 11, 2009 By 2 Comments
I recently read a Money magazine article about helping your child manage credit. The article discussed a new law that will certainly help protect children from carless use of credit cards. New credit card law Often children get off to the wrong start by going to college, opening up a credit card and running up [...]
Cash, Credit, or Debit Purchases – What Works For You?
October 5, 2009 By Leave a Comment
There are a lot of opinions on whether to use credit, debit, cash or a combination of the three as payment options. Many insist on cash or debit cards only. While others don’t see any issues with including credit cards as another payment option if paid off at the end of each month. Personally, I [...]
Credit Card Balance Transfer Offers – Beware!
August 6, 2009 By 1 Comment
We’ve all received credit card balance transfer offers in the mail. I just received one the other day and it’s not unusual to see a new one arrive each week. I used to be on a mailing opt out list, but I guess I need to check into renewing it. Anyway, isn’t it interesting how these offers are [...]
Dave Ramsey Baby Steps and Crown Money Map – Post #2
July 31, 2009 By 1 Comment
Do you like the Dave Ramsey Baby Steps or the Crown Money Map? Dave Ramsey created the Baby Steps and Crown Financial Ministries created the Money Map for prioritizing and setting financial goals. If you’re just joining, this is article #2 in a series about The Baby Steps and Money Map. I invite you to follow along [...]
Credit Card Reform – Creditors Fight Back
July 22, 2009 By Leave a Comment
Credit card reform I’ve come across a few articles lately related to the credit card reform so I thought I would open a discussion about this and provide some thoughts. I have a strong opinion against the abuse of credit cards and the actions some credit card companies take in the pursuit of money, so [...]
