Recent Blog Posts
Is Credit Card Debt Forgiveness Right for You?
American consumers have a total of more than a trillion dollars in credit card debt, and a lot of it is yours. Credit card debt is a big part of the reason that most households are living paycheck to paycheck, even the ones with an annual income of more than $100,000. Debt payments, including… Read More »
Credit Utilization and Your Credit Score
The credit score system is one of the most obvious ways in which the rich get richer. The more money you have, the more money you can borrow, but if you are not wealthy and you really need to borrow money, it is hard to find anyone to lend it to you. The amounts… Read More »
Money Dysmorphia and Your Debt Problems
Few Americans enjoy math enough to choose to take more math classes than required to graduate. Ask a group of pre-med majors what they like and dislike about their field of study, and thy will tell you about their desire to heal the sick and their ambitions for well-paying jobs in the medical profession,… Read More »
When Budgeting, Focus on Goals, Not on Deprivation
Being told that you need to make a budget and stick to it is as pleasant as being told that you need to go on a diet. You are already spending your every free moment engaged in one or more income generating activities, and you spend as modestly as you can, but everything is… Read More »
Finally, Some Good News About Car Prices?
Yes, Grandpa, everyone knows that a McDonald’s hamburger used to cost a nickel when you were a child, but the price increases of the past few years are not your usual garden variety inflation creep. Even if you are so young that you have not yet needed to renew your driver’s license, you can… Read More »
Financial Literacy Is the First and Easiest Step to Feeling Financially Secure
The feeling that you are in control of your situation is as empowering as it is illusory. By the time you are old enough to live paycheck to paycheck, you know that many of the factors that influence your financial situation are beyond your control. Your medical debt exists because healthcare is unfairly expensive;… Read More »
Tax Refund Dos and Don’ts
If there is a bright side to the insufficient pay that most of us get for our hard work, it is that we at least get a tax refund once a year. The working people of the United States spend every day subsidizing the lifestyles of the rich who have access to expense accounts… Read More »
Car Loans Are Uglier Than Ever
The economic conditions of everyday life in South Florida have never been worse, at least not for as long as today’s working adults can remember. The price of some groceries has decreased since its peak, but overall, grocery receipts are still as painful to look at as they were during the worst days of… Read More »
Assignment for the Benefit of Creditors
Dissolving a company because it has become insolvent or because it has failed to become profitable is a frequent occurrence in the world of entrepreneurship, but that does not mean that it is inexpensive or painless. Filing for bankruptcy protection is an option; all companies and individuals have the right to recourse to the… Read More »
How to Boost Your Credit Score While Living in a Rented Apartment
One of the unpleasant truths about personal finance is that the rich get richer every time they borrow money and every time they make an installment payment toward repaying it, while the rest of us diligently pay our bills every month, usually exhausting our entire paycheck in the process, while our credit score barely… Read More »