Recent Blog Posts
Florida Needs Dutch Style Mortgages
Excitement has always been easy to find in Florida, but financial stability never has. Florida is where you go to build a glamorous mansion and show it off on MTV Cribs, only to have a hurricane reduce your house to rubble by the time the episode airs. It only makes sense that the most… Read More »
Beware of Doom Spending
Yes, the root cause of our financial problems is that everything is too expensive, especially unavoidable purchases like groceries, gasoline, and rent. It is also true that necessities are so expensive that salaried employees are now starting to feel the precariousness of their financial situation and getting a taste of what freelancers and hourly… Read More »
On the Financial Struggles of Parents
Everyone is struggling financially these days, but the parents of minor children feel the strain worst of all. If the key to financial wellbeing is to earn more and spend less, trying to do either of those while you have a minor child living at home is like trying to achieve the same task… Read More »
The Four Elements of Home Mortgage Availability
The bad news is that it is well nigh impossible to qualify for a home mortgage unless you are rich. Families with incomes just above $100,000 can barely pay their monthly bills, much less save any money to put toward a down payment. The slightly more encouraging news is that your home mortgage is… Read More »
New Tax Rules Could Make Homeownership More Affordable
Good news about personal finances is hard to find these days, especially when it comes to homeownership. Conventional wisdom has settled on the thesis that buying a house, if you have never owned one before, is beyond your greatest ambitions; it is the previous generation’s American dream, and in an era where households with… Read More »
Floridians’ Finances Go From Bad to Worse As Federal Internet Subsidy Ends
Say what you will about the Internet sapping people’s productivity and bringing out the worst in everyone, but if people’s devices were to suddenly stop functioning, things would get a lot worse before they got better. Yes, it’s annoying when old people go on Facebook to share their reactionary views and even more annoying… Read More »
How to Lower Your Credit Card Interest Rate
Your credit card statement is probably so painful to look at that you do not even read it carefully. You glance at the minimum payment and the total outstanding balance. Your credit card statement might tell you how long it will take you to pay off your balance if you keep making payments and… Read More »
Getting Maximum Debt Relief and Avoiding Trouble With Debt Settlement
Credit card debt is a major problem for American households; the nationwide total amount of credit card debt is more than one trillion dollars. With interest rates consistently high, it is harder than ever to pay down your credit card debt. There are several ways that you can reduce your monthly payment, and several… Read More »
Is Credit Card Debt Forgiveness Right for You?
American consumers have a total of more than a trillion dollars in credit card debt, and a lot of it is yours. Credit card debt is a big part of the reason that most households are living paycheck to paycheck, even the ones with an annual income of more than $100,000. Debt payments, including… Read More »
Credit Utilization and Your Credit Score
The credit score system is one of the most obvious ways in which the rich get richer. The more money you have, the more money you can borrow, but if you are not wealthy and you really need to borrow money, it is hard to find anyone to lend it to you. The amounts… Read More »