Archive for the ‘Debt Reduction’ Category

A credit card for debt reduction

Sunday, February 10th, 2008

This week I called up my mortgage broker to get my online account unlocked (I was a dummy and forgot my username/password) and during the restoration process the customer service person offered me a credit card "based on my activity in my account."  (In other words, I had a pulse.)Normally ...

Thoughts on Maxed Out

Thursday, September 27th, 2007

This movie by now is old news in the finance blogging community but I watched Maxed Out last night.  It shows interviews with these folks, among others:A woman who spent years (I think) reclaiming her credit record and good name after someone thought that she had died rather than her ...

Some windfall psychology

Monday, September 17th, 2007

First off, a big thank you to The Consumerist and The Simple Dollar and others for linking to my article on seven prudent things to do with a small windfall.  I'm glad you found it worthwhile!The Consumerist linked to an article on CNN Money that discussed this issue as well.  ...

Add a windfall to your snowball

Sunday, September 16th, 2007

Windfalls can be either an excuse to spend lots of money or they can be excellent tools for strengthening your financial disposition.Reducing debt is one of a number of prudent things that can be done with a year-end bonus, yard sale proceeds, or any other one-shot income event.  If you ...