A renewed desire to save

Based on a USA Today article, the personal savings rate for the July-September 2008 quarter was 1.3 percent. That means that on average, people saved 1.3 cents of every dollar earned during that 4 month period. Before you say, “that’s impossible”, would you be surprised to know that 1.3 percent is almost two times the [...]

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How to deal with Debt Collectors

One of the more embarrassing and frightening things that can happen to someone in the area of personal finance is to be contacted by a debt collector. During this time of economic uncertainty, more and more people are finding themselves faced with this situation. With rising food and utility prices, often times the additional income [...]

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Do you need a new car?

One of the greatest misconceptions in the area of personal finance is that when you need a car it has to be a new car. The truth is what you need is a reliable car, and that doesn’t have to be a new one. The average new car payment is roughly $450 each month; that [...]

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Real Economic Stimulation

For the most part I try to focus my thoughts on personal finance, however, I occasionally like to let you know about other things that I find interesting. Today I came across an article written by Erik Erickson over at Redstate.com that talks about yet another idea for helping to stimulate the economy. However, this [...]

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Paying for college

Most people believe in order to attend college you must take out a student loan. Fortunately that is not true, and actually it is one of the worst things you can do for your college bound student. Either they are going to be saddled with debt as soon as they graduate, or you will be [...]

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What’s in your wallet? Cash?

I had to smile as I read an article in the business section of our local paper. The title said it all and right away I knew that I needed to share it. Last month I posted about another article dealing with the same topic, so maybe there really is something to it. With all [...]

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