-
Building Great Credit
I’m sure you’ve heard it before either from a friend or a spouse or maybe a family member. Heck, maybe you’ve heard yourself say it a few times before. “My credit isn’t that great” or maybe “You require good credit for this? Oh, nevermind, I have bad credit.” If this is you, or you know…
-
Time To Re-Evaluate The Budget
($10,112.01) That’s a large number. A much larger number than I thought it would be. That number right there is how much we have paid on our primary Visa credit card this year. I should explain something. We don’t carry credit card balances on a month to month basis. When I get a credit card…
-
Finally! No New Rate Cut!
Ben Bernanke and the Fed decided today to leave their federal funds rate at its current level of 2%. They’re finally starting to worry about inflation and seem to think that there is much more upside risk (by inflation of course) than downside risk (recession and a slowing economy) at this point. I’m inclined to…
-
Choosing Your First Credit Card
It’s not always easy starting out on the road to great credit. In fact, there are plenty of things that can mess you (and your credit score) up along the way. Choosing a financial institution to do business with is important, but equally important is choosing a first credit card that’s going to be right…
-
The Housing Crisis is Not Over
I came across an interesting article the other day on the Wall Street Journal Online. Cyril Moulle-Berteaux of Traxis Partners LP (a hedge fund based in New York) wrote an article entitled “The Housing Crisis is Over.” He brought up some very interesting points, which I’d like to highlight for you and also provide some…
-
A Look Back At 2007
It’s hard to believe that the New Year is almost here. Christmas has now come and gone (along with Hanukkah) and we’re fast approaching the end of the year 2007. For me 2007 was a great year. I began truly getting my finances in order and building wealth. I’m by no means wealthy at the…
-
Facing That Number
A reader of Debit versus Credit recently left a comment on The Worst Years of My Financial Life. She mentioned that she is glad she is not the only one facing bad financial times and proceeded to talk about a few of the things that were weighing heavy on her financial freedom. She has been…