“Knowing what you aren’t is just as important as knowing what you are.” –Me I recently received a communication from someone who had a significant amount of debt and wondered if I was the right person to work with them. In short, the answer is no. You’re better off spending your limited resources on a [...]
Personal Finance FAQ Series: Is There a Magic Formula for Getting Out of Debt?
Is there really a quicker way to get out of debt? Is it possible to get rid of your debt for pennies on the dollar? Let’s find out the answer in the video below. While you’re at it, you can get my 52 week Financial Game Plan by filling out the box right beneath this. [...]
The Credit Card Shuffle is a House of Cards
“I had plastic surgery last week. I cut up my credit cards.” – Henry Youngman “As human beings, we are endowed with freedom of choice, and we cannot shuffle off our responsibility upon the shoulders of God or nature. We must shoulder it ourselves. It is our responsibility.” –Arnold Toynbee Should you keep transferring balances [...]
Personal Finance FAQ Series: Should I Pay the Small Low Interest Loan Off Before the Big High Interest Loan
You have several credit cards. A couple of them have a small balance and a low interest rate. Some of them have a high interest rate and a big balance. Which one should you pay off first? Watch the video below and find out, and while you’re at it, you can get my 52 week [...]
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Should I Invest in LendingClub or Prosper?
“The surest way to ruin a man who doesn’t know how to handle money is to give him some.” –George Bernard Shaw I recently had someone ask me if it was wise to invest in LendingClub or Prosper. For those of you who do not know what these are, they are peer-to-peer lending institutions that [...]
Does This Credit Card Make Me Look Fat?
“There is more to sex appeal than just measurements. I don’t need a bedroom to prove my womanliness. I can convey just as much sex appeal, picking apples off a tree or standing in the rain.” –Audrey Hepburn We were having “the talk.” It was the one that was necessary where both of us bared [...]
