Paying Down Debt With a HELOC

Are you swamped with high interest debt and looking for a solution? The airwaves are filled with ads for debt consolidation, but do you really need someone to do it for you? Why not do your own legwork and roll your debts into one low(er) interest loan? One option for consolidating your debt is rolling […]


Flexible Spending Account Changes for 2011 and Beyond

Open enrollment season is just around the corner. With that in mind, I wanted to remind you of some changes that will soon be affecting Flexible Spending Accounts. For those that are unaware, an FSA allows you to use pre-tax dollars to pay for medical expenses. Starting in 2003, over-the-counter (OTC) medications were added to […]


Claim Your Credit Card Rewards

Here’s some homework for this weekend… Log into your credit card accounts and claim whatever rewards you might have accrued. While some reward credit cards automatically credit your cash to your account, others (such as Chase Freedom) don’t. When I logged into our Chase Freedom account the other night, I found that we had a […]


How Many Checks Do You Write?

Do you still write checks? Whenever I mention the (seemingly) ancient are of check writing, I always get a few comments from readers who have long since quit writing checks. As much as I’d like to join the ranks of the non-check-writers, we still have a number of instances where we need to write a […]


Character Flaws and Financial Success

It occurred to me recently that I can use my character flaws to make much smarter life choices going forward – financial and otherwise. More importantly, so can you. The thought popped into my head while my wife and I were on vacation in New York. (Side note – the vacation was debt free!) While […]


On Debt Freedom and Being Weird

The other night while driving my son to soccer practice, I passed by a local church. On the sign out front it said: “Be weird. Live debt free.” This message was part of a pitch for Dave Ramsey’s “Financial Peace University, ” a Biblically-based personal finance course with a major focus on debt reduction. This […]


Five Budgeting Myths

This is a guest post by Craig Ford of Money Help for Christians. If you like what you see here, please consider subscribing to his RSS feed, and don’t forget to check out his e-book on budgeting. In many people’s eyes, there’s a dark cloud surrounding the topic of budgeting. As such, it’s easy for […]


How Do I Handle a Stolen Credit Card?

Having your credit card (or card number) stolen can be extremely stressful. If the thief gets your entire wallet, the situation is even worse. The good news is that there are steps you can take to minimize your liability and otherwise protect yourself. Here is a quick and easy guide to point you in the […]


Expense Ratios as Predictors of Mutual Fund Performance

A recent study by Morningstar has provided support for something that many of us have long believed to be true… When it comes to investment performance, cost matters. A lot. In fact, looking across the past five years, low fees are perhaps the best predictor of future mutual fund performance – even better than Morningstar’s […]


Beware New Credit Card Balance Transfer Offers

Are you in debt and looking for some relief? If so, a 0% balance transfer might be just what the doctor ordered. And guess what? Unlike a year ago, when banks were tightening their belts, such offers are once again fairly common. That’s the good news. The bad news is that the fees associated with […]