Despite the best of intentions and the clearest of budgets, sometimes holiday spending can snowball out of control. It can start with an innocent extra box of ornaments or a gift for someone not on your list, and before you know it, you’ve charged the entire month of December on your credit cards and you’re [...]

My family and friends can’t stand going shopping with me. I used to be easily influenced into buying anything. Now I simply don’t want to buy anything. I’m the worst person to go shopping with now. I second guess every purchase. If I do end up buying something, I ask myself, “what will I get [...]

This post provided by Money Supermarket. People have often been told that investing in a home is the best thing they can do. In the recent financial crisis many people have found this not to be true. The reason for this is that so many lenders gave loans to people who were simply not qualified [...]

My husband and I recently added up our student loan and credit card debt, and we were shocked at the figure–$58,000!  What was this debt comprised of?  It is made up of nearly $38,000 in student loans, $6,500 on a business credit card for a business that failed and $13,500 of personal credit card debt [...]

Many of us have heard of debt consolidation loans.  Some of you might have even used one before.  They’ve gotten a bit of a bad rap over the last few years because they get associated with debt consolidation companies, some of which can be a bit shady.  But, they aren’t all bad.  And, in some [...]

I was reading a story somewhere where a person was being interviewed about their debt.  In the interview, the person was speaking about how they had this credit card debt and how they just couldn’t get out from under it because of all the interest, fees, and other ways that the credit card company throws [...]

According to a new report by the American Express Spending and Saving Tracker, 15% of the American citizens plan to augment their savings in 2011; as compared to a poll in 2010 and 40% say there will be no changes in their spending behavior this year. Are the Americans planning to spend more dollars in [...]

Although bankruptcy has turned into a serious possibility even for the most frugal of households, it has sadly retained its social stigma: Not only will entering into insolvency mean you’re no longer in full control of your finances, it may also make it harder or downright impossible for you to find a new job or [...]

Not to be confused with the scales that our friend Lady Justice carries around with her everywhere, the scales of finance are a bit different in function.  To truly weigh something, using a scale, you load up one side of the scale with that which you want to weigh and then put weights of a [...]

What motivates your finances? What is the purpose that drives you to reduce your debt and make more money? For me, the one thing that keeps coming back when I ask myself those same questions is the idea of freedom. The start of my own personal finance revolution started with some realizations. I realized that [...]