Debt Reduction
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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How Americans Spend Their Money
Wednesday, February 13th, 2008I just found this fascinating chart that shows how Americans spend their money. The chart is broken down into three income classes and shows the difference in their spending patterns; specifically, how much they spend within major expense categories.
The three categories with the biggest disparity (based on percentage difference) are: taxes, charitable contributions, and education.
I […]
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What to Do Before You’re Fired
Tuesday, February 5th, 2008This week I discovered that 15 bread-winners have lost their jobs in the last week. They all attend my church. An announcement was made in class asking us to notify the church of any job openings that could be forwarded to these folks who are now unemployed.
Then, yesterday, as I checked in on my Digg […]
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Dealing with Medical Bills
Saturday, February 2nd, 2008At what point does a bill become debt?
I was wondering about this yesterday as I called on my outstanding medical bills from the birth of my third child in November 2007. The bills range from 45 days to 65 days late right now. Some of the medical companies have threatened to send my bills […]
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