The bill to regulate certain credit card policies has now passed through the Congress. Why is Congress regulating credit card companies? Because, they recongize the abusive consumer practices that credit cards perform each and every day, yet we still continue to use them. Here is an excerpt from the article from Fox [...]

Here is a great skit from Saturday Night Live making fun of people who have no concept of not paying for something if they can’t afford it. I got a good laugh out of it.

Getting home improvements done on your home is exciting, but it can be very scary at the same time. No one wants to overpay for a product or service, but so many of us get duped into exorbitant labor costs from contractors that know you will pay whatever price they spit out at you. [...]

Right now is a great time to buy a used car, because new car sales are lagging from the current state of the economy. Car dealerships know this, so they are focusing their attention on offering great deals on used cars with various promotions. I recently saw a TV commercial for a Toyota [...]

There are plenty of twenty and thirtysomethings being laid off right now, and they probably didn’t anticipate their first or second job resulting in a layoff. It’s not the end of the world, but it’s a huge event in your life that has the potential of ruining your financial life. The importance of [...]

What is the debt cycle?
The process of spending more money than you make on a consistent basis that forces you to borrow money each month to reconcile the deficit.
How To Get Out Of The Debt Cycle

Cut up your credit cards. It’s the only way to stop using them. If you eliminate [...]

Mint.com rolled out a new feature on their website this past Tuesday that gives users financial advice based on their unique money situation. The financial advice is automated and based on a set of core principles pre-determined by the Mint.com team. Instead of only tracking your net worth and budgeting habits, Mint will [...]

I am really starting to like the Vanguard ETFs, almost as much as I like their mutual funds. They have really low expense ratios, they perform spot-on to the indexes they track, and they track sectors and indexes that I really like. In my rollover IRA, I have invested all in exchange traded [...]

There are many people struggling right now to pay their mortgage and other bills because they either lost their job or bought a house they could not afford. However, for every person struggling right now, there are a majority of people who are doing just fine in this economic climate. Yes, most of [...]

Happy Earth Day. I always liked those old commercials that had the slogan, “Earth day is every day!”. It’s such a true statement, but I also don’t like when environmental extremists try to run my life. It seems like the environmental movement has spun out of control, and soon they will be [...]