Apr
23
Why Debt is Risky
April 23, 2008 | 2 Comments
Debt is bad because with debt comes risk. Debt is risky for businesses and people. Debt, if used correctly, can be powerful tool. However, in too many cases, debt is used improperly and the consequences are unhappiness, stress, bankruptcy and divorce.
Attitudes About Debt Have Changed
I’ve already talked about how our attitudes about [...]
Apr
22
Why Is Debt No Longer a Bad Thing?
April 22, 2008 | 1 Comment
I am not a fan of debt. Most of the good financial gurus will tell you to pay off your debt. Debt is a tool to use when there are no other options. Unfortunately, I think the attitude toward debt has changed for the worse.
The Debt Industry
There is a debt industry in [...]
Mar
9
Can You Afford a Tire?
March 9, 2008 | 2 Comments
What kind of financial shape are you in? Can you afford a large automobile repair bill or even a set of new tires right now? Do you have the money for single new tire?
Last night my wife called me and told me the car was telling her to check the tire pressure. [...]
Jan
25
Maxed Out: The Movie
January 25, 2008 | 1 Comment
If you’re in the mood for a movie and you need a little more convincing to pay off your credit cards then I have just the movie for you. Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders is a documentary about both consumer and government debt in America.
The video is [...]