There are generally two schools of thought when it comes to paying down debt: pay off the highest balances first and pay off the balances with the highest interest rates first.  But neither of these methods addresses the true issue on their own, which is minimizing interest payments in order to pay down the principal [...]

Thanksgiving is supposed to be a time abut being with family and friends, giving thanks for what we have in our lives, the Macy’s Thanksgiving Day Parade, and perhaps some football as well.  Once the day is over people’s attentions turn to the next ”holiday” that immediately follows: Black Friday, the unofficial kick-off to the holiday gift-giving season.  [...]

Yes times are tough: people are upside down on their mortgages or even going through the foreclosure process, the banking industry is in turmoil, retail stores are closing at a record pace, jobs are being lost.  It is certainly difficult to imagine that all of these events are happening all at the same time, but [...]

I have been contacted to help moderate a fairly new finanical forum called Financial Advice Forum.  It’s topics cover credit, debt, loans, consumer, and legal advice, and also provies a reciprocal links page which includes a thumbnail of your homepage as well as a brief description of your site’s purpose.  It is free to join, [...]