Back in April of 2009, I was already mad at my debt. It wasn’t until I conjured up the idea of tabulating how much interest I was paying, however, that my eyes were finally opened to the enormous power my debt had over my ability to retain my own hard earned money!
Here is the story [...]

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This is a guest post from Adam Jusko, founder of IndexCreditCards.com, a credit card information site where you can compare credit card offers. Please consider following Adam on Twitter for quick credit tips and opinions.
As the founder of a website about credit cards, I’m sometimes asked by financial reporters what advice I’d give to people [...]

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A reader named Hannah recently wrote in to ask about current 0% balance transfer offers. It seems that she took advantage of a 12 month offer last November, and is now looking for another to extend her 0% promo period with a new offer.
Unfortunately, credit card issuers have gotten increasingly stingy with their offers over [...]

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The other day, Matt Jabs asked if you should invest while you’re in debt. This is an interesting question, and one I thought worthy of tackling myself.
Penny wise, pound foolish
For starters, you probably shouldn’t be investing while in debt unless you can reasonably expect to outperform the interest rates that you’re paying. In other words, [...]

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A reader that I’ll call Mary recently wrote in with the following question about dealing with a collection agency:
We were in a horrible car accident last year and our car insurance just now paid the car towing company. This company turned our bill over to collection agency which listed this on our credit report. Now… [...]

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Have you noticed the increased buzz about “becoming debt free” lately? Everywhere we turn, more and more people are talking about clipping coupons, cutting expenses, building emergency funds, etc. This has been especially true over the last year or so.
Why all the hype? Why are so many people looking to rid themselves of their debt [...]

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Readers often e-mail me for tips on how to keep their finances manageable. There are so many options out there that it can be overwhelming. I was speaking with my mom about this some time ago, and she felt the same way.
My mom has been responsible with her money, but she felt that she could [...]

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Today I’m going to start off by asking a couple of questions…
Are you carrying any high interest debt?
Do you have any money in the bank?
If you answered yes to both of these questions, then let me ask another one…
Just how much money do you have in the bank?
The reason I ask is that a surprising [...]

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This is a guest post from Andy Jolls, a former FICO executive and founder of VideoCreditScore. If you like what you see here, please consider checking out his videos and/or subscribing to his RSS feed.
A few years ago, a friend of mine was engaged in 0% credit card hopping. She had accumulated $20,000+ in credit [...]

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I have just one goal today… To motivate you to attack and reduce your debts.
Debt sucks bad!
For some of us, this simple statement is all the encouragement we need. We’re fed up with our situation, and are ready to spring into action. Personally, I could just stop writing now, having already motivated myself to continue [...]

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