Are you a cold-blooded killer? I hope to be. I wake up some mornings in a cold sweat because for the past ten years, I’ve been in an abusive relationship. My abuser? Lots and lots of debt. I’d never advocate killing a person, but I do advocate … [Read more...]
Q&A: I Have Tons of Debt and Virtually No Income. What Are My Options?
September 29, 2008 By
Jessica writes: I’m a 23-year old undergraduate student with tons of debt that is all in collections. I only make $50 a month plus room and board as a residential assistant. I feel overwhelmed because I just can't do anything about it right now. Do … [Read more...]
Q&A: What kind of credit score do I need to get approved for a balance transfer credit card?
September 10, 2008 By
Pam asks: Three years ago I racked up debts on several credit cards. I paid those cards off and closed them. Today, my only card has a 19% APR and no rewards. My credit score is only about 600 because I was (quite) late a few times. Today, I am debt … [Read more...]
Credit Card Delinquencies Rising: How To Avoid Falling Behind
July 7, 2008 By
Credit card and loan delinquencies are on the rise, reports the American Bankers Association. Existing mortgage woes, a shaky job market, and rocketing gas and food prices may be to blame, but falling behind on credit card payments is bad, bad news … [Read more...]
5 Questions to Ask Yourself Before Transferring a Credit Card Balance
June 9, 2008 By
Struggling with credit card debt? Low-rate balance transfers can save you wasted cash. But before you transfer a balance, double check to be sure moving your balance won’t do more harm than good. … [Read more...]
How to Vacation without Going into Debt
March 26, 2008 By
Vacations, whether on a local beach or exotic foreign city, are important rewards. Getaways both motivate and rejuvenate, and after a year of hard work, we deserve it. Unfortunately, what we deserve and what we can afford can be two entirely … [Read more...]
10 Things You Should Know About Debt Management Programs
March 19, 2008 By
Debt management (also called credit counseling) is a booming industry these days as more and more consumers drown in credit card debt. With ads promising easy debt relief, these programs are tempting to anybody struggling to stay on top of debt. But … [Read more...]
Is it Okay to Get Married With Debt?
March 12, 2008 By
I turned 27 this year, and my mailman started delivering more wedding invitations than bills. It sounds lovely, except that those damned lacy invites end up costing more than the bills! My opinions of showers and gift registries aside, all this … [Read more...]
Is that a C-Note in Your Pocket?
March 10, 2008 By
Are you broke? Have you been broke in the last year? If so, here's a simple tip anybody can do to start building financial security. Do this and, at the very least, you won't be broke again. It can also psych you up to save more, spend less, and get … [Read more...]
Are 0% Six Month Balance Transfers Really a Deal?
February 11, 2008 By
Jeff writes: I'm about $5500 in credit card debt that I want to get out of before I go back to school in August. I'm thinking of taking up these offers for low interest rates on balance transfers I get in the mail from new cards. Is it worth the … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results. 