Personal Finance Blog by Debit versus Credit

Be honest with me here.  How is your credit?  Is it great?  Good?  Or… not so good?  The fact is that hundreds of thousands of Americans have anywhere from decent to borderline terrible credit.  It doesn’t take much you know.  A missed payment here and there, a bill that you never received, one too many [...]

What is a Credit card? How do I choose one? Why should I use a credit card instead of cash? I’ve been asked questions like these over and over again, usually by young people who are just starting to learn about the world of credit and personal finance. However it’s never too late (or too [...]

It’s no secret that to many around the world the sky seems to be falling.  There is even talk of a new depression – in fact a recent poll by CNN showed that 60% of Americans think we’re likely to end up in one.  A depression!  Can you imagine?  The great depression was a terrible [...]

Here’s a question for you: If you put $5,000 dollars into your 401k plan this year and your employer also puts $5,000 into your 401k plan and over the course of a year your investments lose 40% of their value… assuming all of this, how much would you have lost?
The answer may surprise you.  You’ve [...]

Honestly I can’t believe that it’s been a year already.  I started this blog a year ago today with the intention of sharing my thoughts and advice on finance, money and the business world.  Looking back I’m really proud of what I’ve accomplished, not only with the content I’ve provided but with how much this [...]

Do you constantly find yourself chasing the next great credit card deal, whether it be no annual fee or 10,000 free airline miles or 0% interest for six months?  Is it an obsession or a compulsion?  Do you do it for the thrill of having yet another available credit line, or are you like a [...]

Good morning and happy weekend to all of you! It’s been an interesting week, with the stock market being so volatile and the $700 billion bailout being passed and signed into law. I’m still of the opinion that the latest government action will not be enough to bring us out of our economic slump that [...]