If you read my blog long enough, you’ll soon realize that I hate credit cards, and I strongly dislike the people that work for credit card companies. I know that they are only doing their job, and I’ll never say that I hate someone unless they kill my first-born child or something, but here [...]

I was reading a couple of articles about paying your mortgage or rent payment with a credit card. There are some companies that are allowing you to use a credit card such as the American Express Blue Cash card to make mortgage payments. There is an enrollment fee of about $400 bucks, so [...]

I can’t think of anything I hate more than paying bank and credit card fees. I loathe it. I grit my teeth if I can’t find a way of getting the charges taken off of my account. Are you paying these 100% profit money-makers for banks? There is n o easier [...]

Have you made it your goal to stay out of debt this holiday season, or are you already calling your credit card companies to raise your credit limit? My advice is to pay for everything with cash this holiday season. You won’t regret your spending come January and February, and you won’t pay [...]

I read an article on Yahoo Finance today about the possibility of credit cards becoming the next debt product to crumble at the feet of large, private banking institutions.
An excerpt from the article:
The doomsday scenario would play out something like this: Just like CDOs and other asset-backed securities, credit card debt is [...]

Some of my most popular articles with the search engines are my articles about what to do when you’re upside down on a car loan. It’s one of the most searched phrases in the personal financial category. Being upside down on a car loan is extremely easy to acheive given the way cars [...]

After reading a few of my posts, you’ll soon realize that I HATE BEING IN DEBT. I’m doing everything that I can to get out of it, and I can’t stand it when I hear people say, “Why bother paying off my debt, when I can invest it and make more on the interest [...]

I am a strong believer that eliminating your debt is the first step to becoming wealthy. Once you are debt free, there is nothing holding you back from saving a higher percentage of your income. Think about how much of your household income goes to credit card payments, car payments, and other miscellaneous [...]

Here is a question submitted to me from one of our readers. He is having trouble with being upside down on a car loan. He makes $42,000 a year household income. I will post the question answer it based on what I would do if I were in his shoes.
I [...]

You’re in line to pay for some gas at the local gas station, and the cashier asks you, “Will this be debit or credit”. You’re saying to yourself, “I’m paying with a Visa debit card, does it really matter?”. The answer is YES. It does really matter what you choose when they [...]