Recent Blog Posts
Lending Scams To Avoid At All Costs
If you read debt-free lifestyle blogs for inspiration on how to get out of debt, you run into a lot of advice about how you should never borrow money out of desperation. This kind of advice comes across a lot like when Baby Boomers give you financial advice with the assumption that everyone has… Read More »
The Next Worst Thing To Payday Loans
Payday loans deserve their reputation as instances of predatory lending. There is a reason they are so popular, though. People who take out payday loans know that the interest rates and fees are astronomical, but they take the loans, anyway, because it is the easiest way to get the money they need to pay… Read More »
What Is The Difference Between Credit Counseling And Credit Repair?
Improving your credit score and paying down your debts go together, but they are two separate personal finance goals. Some people are trying to improve their credit scores so they can get out of debt, while others are trying to pay down their debts in order to improve their credit scores. In the latter… Read More »
What’s Your Money Archetype?
Some of Carl Jung’s writings on psychology describe modern fictional characters and the public perception of public figures, and even individuals’ perceptions of themselves as archetypes, symbolic character types that, according to Jung, appear in the myths of most or all or the world’s cultures. Some famous examples of Jungian archetypes include the Ruler,… Read More »
Which Kind Of Home Mortgage Loan Is Right For You?
Home ownership is a clear marker of financial stability, but given the availability of home mortgage loans, the situation is not quite so simple that you can easily divide people into two categories, the haves who own real estate, and the have nots who will never be able to do so unless their fortunes… Read More »
Can A Balance Transfer Reduce Your Credit Card Debt?
Some credit card spending behaviors get a universally bad rap, such as taking cash advances from a credit card or using it to purchase groceries. Other credit card maneuvers, like choosing credit cards over cash in order to get reward points, have their partisans, even though others find them wasteful. If you ask five… Read More »
Small Dollar Mortgages Are Elusive
Lenders go out of their way to lend money to people who are already well-off, who objectively own as much property as they need, even if they do not buy the expensive real estate property that they are borrowing money to buy. Meanwhile, when you work constantly but your income falls slightly short of… Read More »
Learning Financial Literacy The Hard Way
Conventional wisdom says that you should read the fine print before you take out a car loan or sign a credit card agreement, but sometimes even reading every line carefully will not prepare you for all of the possible pitfalls of your decision to borrow. Most adults in Florida are in debt; the ones… Read More »
Beware Of Fraudulent Medical Bills
Most of the time, when you get a medical bill that you can’t pay, your best choice is to be honest with the healthcare provider about your financial hardship. With enough research and resourcefulness, you might be able to persuade the provider to settle the debt for a much lower amount than they originally… Read More »
Downtown Miami Condo Company Files For Bankruptcy Just In Time To Avoid Foreclosure
Filing for bankruptcy protection is not just for people who live paycheck to paycheck. Plenty of high-net-worth individuals, including some celebrities who chose to make Florida their home even though their fame extends throughout the world, have filed for bankruptcy. The right to file for bankruptcy protection applies not only to individuals but also… Read More »