Our thanks to backwoodshome.com and Darlene Campbell: Get out of debt, stay out of debt Decades ago it was advised of young high school graduates to deposit a set amount of money into the bank each month, and when they retired they would be millionaires. Unfortunately, that philosophy fell by the wayside after World War [...]
Our thanks to scamtypes.com: 6 Simple Ways To Protect Your Children From Identity Theft Identity theft is a crime that doesn’t solely target adults. I’ve written before how teenagers on social networking sites can fall prey to id theft but it doesn’t stop there either. Children of all ages need protecting now, even newborn babies. [...]
Our thanks to privacyrights.org: Identity Theft IQ Test Are You at Risk for Identity Theft? Test Your “Identity Quotient” ___ I receive several offers of pre-approved credit every week. (5 points) ___ Add 5 points if you do not shred them (cross-cut shredder preferred) before putting them in the trash. ___ I carry my Social [...]
Our thanks to Bob Sullivan and redtape.msnbc.com: College grad: ‘I wish I’d gone to prison instead’ Hernan Castillo is treading water, trying to survive under the weight of $5,200 in credit card debt and $30,000 in student loans. He’s making payments on time, but the Orange County, Calif., resident sees little hope for getting out [...]
Or thanks to Suze Orman: Suze Ormans Five Easy Steps To A Good Credit Score In 2008, the world faced the worst financial crisis to have hit the global economy since the 1930s depression. This was evident in increased interest rates, high inflation and escalating food prices. We are now well into 2009 and yet [...]
Our thanks to Billy and Akaisha Kaderli at retireearlylifestyle.com: Take it as a gift. Recessions give us opportunities to reorganize ourselves in ways that are more productive and responsible. One of those areas could be a correction in our financial values — and those that we are imparting to our children. The days of being [...]
Our thanks to Omaha World-Herald and staff writer Roger Buddenberg: New credit card rules ‘good start’ Todd Sites calls himself “a credit card deadbeat,” which means no one makes money off of him when he uses his Chase card. He pays the statement in full every month. He prefers writing checks to using plastic. He’s [...]
Our thanks to Art Hadley: This is from an article in the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on “How Would You Fix the Economy?” I think this guy nailed it! Dear Mr. President: Please find below my suggestion for fixing America’s economy. Instead of giving billions of [...]
Thanks to Liz Pulliam Weston and MSN Momey: How bad credit can cost you a job Job hunters, how’s your credit? Many Americans these days are discovering the Catch-22 of unemployment. And that is: You might fall behind on your bills because you’ve lost your job, and you might not be able to land a [...]
Thanks to Annamaria Andriotis and SmartMoney for the answer: 5 factors that determine your credit score Are you sure you know how good your credit is? Since September, more credit-card companies have been cracking down on card holders they consider risky — and even lowering the boom on those good standing — by reducing their [...]