DebtGoal

Holiday Humor

rpatel — Thu, 12 Nov 2009 06:02:14 +0000

Thanksgiving is almost here, and the holidays keep rolling after that. What many families have on their mind is how to express the season’s sentiments without going financially overboard. Time-tested strategies to achieve this include token participation and the opposite of NIMBY, IMBY — In My Back Yard. Check out the family that used both [...]

6 Reasons to Avoid Retail Store Credit Cards

rpatel — Fri, 06 Nov 2009 23:08:16 +0000

Holiday spending is starting to pick up. But in this economy, saving money while shopping is all the rage. Retailers, anticipating disappointing sales figures as the after-effects of the recession hit, are promoting their in-store credit cards aggressively to drive revenues under the guise of saving you money. Unfortunately, retail store cards are not worth [...]

Immediate Regulations for Credit Cards

rpatel — Thu, 05 Nov 2009 19:23:40 +0000

Congress just passed a measure to immediately control the interest rates and fees that credit card companies are charging in the interim between now and early next year, when additional regulation on interest rates, fees, and other lending practices will come into effect. The Wall Street Journal compiled an article that reviews the immediate legislation. The [...]

Mortgage Walk-aways

rpatel — Wed, 04 Nov 2009 21:14:03 +0000

Strategic defaults on homes – walking away from mortgages and allowing banks to take homes – is increasingly a dominant contributor to the real estate crisis moving forward. As the federal government steps up efforts to try and keep individuals and families in their homes, the incentives from the homeowner’s perspective to simply give up [...]

Holidays around the corner… Time to think frugally

rpatel — Sun, 01 Nov 2009 07:45:39 +0000

Holidays are the around the corner, with Thanksgiving merely a few weeks away. With so much focus again on saving during the upcoming holiday season, one can easily forget how holiday events themselves can entail significant costs aside from any gifts. J.D. at Get Rich Slowly provided some excellent advice on holiday frugality from last winter, [...]