Debt

Payoff debt by making the minimum payments

Do you know how long it is going to take you  to payoff your consumer debt if all you pay is the minimum required? It all depends on the amount of debt you have. Let’s figure out how long it will take you to payoff debt by making the minimum payments. First, you need to…

Borrowing

Couple Honored for Paying Off $92,000 Credit Card Debt

Michigan Couple Honored for Paying Off $92,000 Credit Card Debt by Connie Prater Thursday, September 22, 2011 Two daughters’ weddings, a new transmission, a new roof and one big secret The National Foundation for Credit Counseling has honored Jerry and Sue Bailey for their dedication and sacrifice over more than five years that resulted in…

Money

What is Godonomics?

What is Godonomics? Up until yesterday, I had never heard of Godonomics. However, after going to the Godonomics web site, I found out what it is. It’s economics God’s way. The web site offers a few clips/snippets of the Godonomics teaching series. After watching them, I felt that I needed to buy the series. The…

Debt

I don’t believe in debt and neither should you!

I don’t believe in debt and neither should you! Debt is the worst thing you can have. It robs you of many things. In the ’70’s, I received an almost full scholarship to attend a private college in California. Even though I did well my first semester, I was extremely homesick. I gave up my…

Savings

5 Ways to Slice Summer Power Bills

If you want to cut your power bills this summer, remember three things: vampires, ice cream and poker parties. That got your attention? Cutting your electric bills doesn’t have to mean buying a bunch of gadgets — or sitting alone in the dark. Here are five low-cost, no-stress ways to slice your summer power bills….

Borrowing

Peer to Peer Lending

Peer to peer lending (P2PL), do you know exactly what that is? Until today, I must admit that I had never heard of it. Yes, I have heard of peer-to-peer sharing, which in my mind, for the most part is the illegal sharing of copyrighted material. Anyway back to P2PL, what I found was that…

Debt

In the words of Thomas Jefferson

“(W)ith respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age.” — Thomas Jefferson, in a letter to James Madison (1789) I…

Money

Sharing a story

For those of you who are seeing some of their darkest hours because of their current financial crisis, I want you to read an article by Todd Temple and his journey out of debt. His personal journey should offer you encouragement, hope, and maybe a means to climb out of the mountain of debt. Due…