Monthly Archives: January, 2007
No Credit Needed Debt Repayment Method
If I were in debt today, this is the method I would use to get out of debt. I would list my account balances. I would list my monthly minimum payments. I would pay my minimum monthly payments. I would then seek to accumulate as much money as possible, during the month, for additional debt [...]
Front Page Of USA Today: Article Agrees With NCN?
Did you get a look at today’s front page of the USA Today? There’s an article about senior adults and their credit card debt. I’ll put a link at the bottom of this page, but I think that the following few sentences sum up the issue: Unmanageable debt is forcing some older people to delay [...]
Shopping For Life Insurance
I’ve begun the shopping for life insurance. There are tons and tons of websites which allow you to enter (varying amounts) of information, and receive life insurance quotes. Most sites return basically the same quotes for the same policies, so I’ll be working with our local independent life insurance agent. He’s a good guy, goes [...]
The Personal Finance Carnivals
The (major) personal finance related blog carnivals are all up. I hope you’ll take some time to check them out. Carnival of Personal Finance is at Blueprint for Financial Prosperity. Carnival of Debt Reduction is at Debt Hater. Festival of Frugality is at The Simple Dollar. If you are new to blog carnivals, here’s the [...]
Budgeting By Percentages Does Not Work
The one thing that stands out to me when I read personal finance books is how they “generalize” about budget category percentages. Most authors will advise that you spend “x percent on housing, y percent on food, and z percent on clothing.” The plain truth is, simply using generic percentages does not work. To build [...]