Could QE2 and Inflation Be Good For Consumers?
All this news of QE2 (second phase of quantitative easing) from the Federal Reserve has been saturating the media – and it rightly deserves that spotlight. It is yet another desperate move to resuscitate the troubling economy. And, the intended outcome is inflation. For a long time, we have talked about how inflation eats away [...]
A Philosophy on Buying a Home Without Debt
This guest post was provided by Kyle Chezum, a content specialist at Lender411 – a firm that helps homebuyers compare mortgage rates, find local lenders, and locate the best mortgage packages available. I’m 22 years old – and I’m buying a house. This may come as a surprising feat to some of you. According to [...]
3 Lessons My Parents Never Taught Me About Credit Cards
This is a guest post by Kris Bickell. Kris is the owner of Debt-Tips.com, a site developed to share the lessons he learned about getting out of debt. Check out his debt reduction calculator and other tips that will help you pay off your credit card debt. To start off, I’ll admit it, I’m no [...]
Saving or Paying Down Debt: Why 50/50 Works
Even with the best intentions, there always seems to be a bump on the road towards financial freedom. You want to save up for this but you also have to pay for that. Can’t really catch a break can you? So you and I both have financial goals that we want to accomplish. For me, [...]
Looking at Daily Interest on Debt is Scary
After calculating his interest costs for the month of January, @MattJabs exclaimed in a recent tweet of how he was paying $40.13 per day towards interest on debt that he currently owes. Talk about a hole in your wallet! His post made me grab the calculator to do the same thing he did. Although I [...]
