Category: Debt Management
A while back, I wrote a well-received post on why it is so important to leverage the power of compound investment returns on your savings. Here’s what I calculated, …
The average credit card APR these days is ~17.69% (with many north of 20%). Actually, with monthly compounding balances, the effective APR is almost 1 percentage point higher. So …
One of the most common financial topics brought up at the work lunch-room table (or really anywhere, now that I think about it) centers around the old save for …
Nothing good can come from a payday loan. According to new research from Pew, the average payday loan borrower must pay back $400 within two weeks, but can only …
As you begin your own personal adventures in credit and debt land, you’ll notice an interesting phenomenon: borrowing rates vary quite dramatically from one type of loan to another. …
Finally reaching the point where you have positive cash flow to be able to choose to pay off your debt or invest is never a bad thing. But it …
A few weeks back I told the story about how zero out of thirty of my peers are investing outside of a 401k. In that post, I ran a …
With tighter lending restrictions these days, a lot of younger people in college and new graduates are having a hard time getting approved for credit cards or loans of …
