From the category archives:

Debt Reduction

Stockbroker Concerns– Should They Be Trusted 100%?

May 27, 2010

Your stockbroker might not know as much about investing as you think…
It is truly amazing how many people entrust their entire life savings to stockbrokers who know absolutely nothing or very little about investing. In their defense, many stockbrokers may be honest individuals who truly want to help their clients. However, the problem is that [...]

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Good Debt vs Bad Debt Argument

May 10, 2010

We’ve all heard about the difference between good debt and bad debt. We’ve also all looked into the argument of good debt vs. bad debt and attempted to decipher what category certain purchases fall under.
Seth Godin touched upon this topic recently, when writing about how consumer debt is not your friend:
Dave [Ramsey] has spent his [...]

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Paying For College With a Credit Card

April 12, 2010

One interesting way to make money off the whole college experience is to invest your student loan money. Since I already bashed this idea, let’s look at something else. Another interesting topic along the same lines involves paying for college with a credit card.
Some college students cover their college expenses with a credit card. This [...]

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Harsh Reality On Student Loans + Some Valuable Help

April 5, 2010

There’s a harsh reality when it comes to student loans. Do you want to know what this harsh reality is? A majority of student debt is the direct result of acquiring high amounts of student loans to pay for a college education that will financially not justify the investment.

What does this mean? It means that [...]

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Did The Credit Card Act of 2009 Lead to Credit Card Consumer Protection?

March 17, 2010

The Credit Card Act of 2009 was supposed to introduce credit card consumer protection. One of the proactive measures taken in the Credit Card Act was the introduction of a 45-day written notice on behalf of the credit card company prior to raising interest rates. Credit card consumers also would then have the option to [...]

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