Debt Reduction
I Listed My Motorcycle for Sale
Tuesday, April 29th, 2008So it’s that time of year: spring.
The time when all the motorcyclists in Colorado wake from their slumber and start dreaming of twisty mountain passes.
The time when I’ve decided to list my motorcycle for sale.
You can see my posting on Craig’s List here.
My brother Ben has been asking me every week if I’ve listed my […]
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How to Decide Whether to Rent or Buy
Thursday, April 24th, 2008A couple weeks ago I offered a hypothetical renting vs. buying scenario and asked you to vote on which option was best.
Granted, it was a little unfair since I gave you limited information. And yet the responses were very insightful.
For instance, Bill Spaced makes the following observation:
I think it boils down — now — to […]
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Is the Government Being Nice to Me?
Thursday, April 10th, 2008I’ve pretty much ignored everything about the upcoming tax credit… until now.
That’s because on Tuesday night I paid a visit to my CPA to wrap up my personal taxes. I still owe the government $1,228.00, so we needed to finalize the paperwork and get the payment out.
Before I left, he said, “Here’s good news,” and […]
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Bicycles Are Looking Better All the Time
Wednesday, April 9th, 2008The price of crude oil closed over $110 a barrel today, and hit $112 a barrel during trading hours, its highest price ever.
I imagine it won’t be long before gas is over $4 a gallon. (Especially considering we’ll probably be at war with Iran before April is over.)
Every extra dollar spent on gas is one […]
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Three B.A.D. Ways to Reduce Debt
Monday, April 7th, 2008Tricia over at Blogging Away Debt sent out a request for guest bloggers three weeks ago. Naturally, I decided to take her up on her offer. (She has nearly 2,000 readers according to Feedburner.)
So, on Saturday, Tricia published my guest post. You can read it here…
==> “Three B.A.D. Ways to Reduce Debt”
Flashback: I also wrote […]
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You Be the Judge: Rent or Own?
Tuesday, April 1st, 2008There’s a lot of talk about the benefits of renting vs. owning. The trouble is, so much of it is theory. And most people argue for what they’re currently doing.
In other words, if they currently own a home, they argue for home ownership. If they currently rent, they argue for the benefits of renting.
Whatever a […]
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Thoughts on Paying Down Debt
Friday, March 14th, 2008I talked with my brother Ben the other day. He’s down in Georgia serving a stint in the Army. Ben is the youngest of five kids; I’m the oldest. So Ben has had the advantage of watching us older kids screw up… so that he can avoid the mistakes we’ve made.
Not to say he hasn’t […]
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U.S. Officially Hits the Skids
Sunday, March 9th, 2008A month ago, I wrote an article entitled “What to Do Before You’re Fired.” I wrote the article partly because of the January jobs report, which showed 17,000 job losses.
Well, if January was bad, February is far worse.
A New York Times business article (“Sharp Drop in Jobs Adds to Grim Economic Picture”) reports 63,000 job […]
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The Credit Card Juggling Act
Thursday, February 28th, 2008Debt reduction is especially difficult when you have too many accounts and outstanding balances to juggle. Or at least it’s difficult for me. With so many separate statements and bills and due dates, it’s easy to overlook one… and get hit with a late fee or interest rate increase.
Currently, we have eight outstanding balances, not […]
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How Did We Get Here?
Saturday, February 16th, 2008Everybody in debt asks this question at some point.
I was reminded of it when I was talking to a client on the phone yesterday morning. She mentioned how she thought it was great that we are living on one income. She then related how she and her husband live on two incomes, and that their […]
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