Apr
7
What is Prosper and How Does it Work?
April 7, 2008 | 4 Comments
What is Prosper and how does it work? Prosper.com is a website for personal loans that allows borrowers and lenders to find each other in an Ebay style auction. I've been a member of Prosper for over a year. In this article I'll tell you how Prosper works. In a previous article about person to [...]
Apr
3
Peer to Peer Lending with Prosper Et Al.
April 3, 2008 | 4 Comments
Maybe you’ve heard of peer to peer (p2p) lending. It’s also known as social lending or person to person lending. What is it and how does it work? I have some experience in this area so read on to find out what p2p lending is all about. Borrowers Consumer loans are big business. According to [...]
Mar
28
IRS Economic Stimulus Payment Details
March 28, 2008 | 259 Comments
The IRS has released the details on how it’s implementing the Economic Stimulus Package payments. Due to the questions I received on the previous article on the Economic Stimulus Package I’ve decided to write on article that focuses on the details of the plan. I’ll address the FAQs (frequently asked questions) that I’ve received. The [...]
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 [...]
Jan
11
Stages of Life
January 11, 2008 | 1 Comment
On our path to wealth it’s handy to know where we’re at. Much of our financial outlook is based on how old we are and our “stage of life.” What do we mean by stage of life? Humans have a pretty clear path through life. We pass through stages from being taken care of to [...]
Dec
19
Make More Money
December 19, 2007 | 3 Comments
Everyone wants to know how, at least, everyone claims they want to know how. It’s strange that so few make the effort to learn how to become wealthy, let alone actually do it. If you want to become wealthy, the logical first step is to find out how to make more money. The secret to [...]
Dec
11
Why should you visit this site?
December 11, 2007 | Leave a Comment
Question: Why should I read your site? Answer: Because I need readers? Seriously, I can tell you that I am not Warren Buffet. I have no secret investment tips, nor do I know what will happen in the future. I am however, completely debt free at age 31. I have no mortgage, no credit card [...]
Dec
30
Are Credit Unions Better Than Banks?
December 30, 2006 | 6 Comments
I was listening to the radio the other day on my way home from work and heard an advertisement for a bank, then a few seconds later I heard and advertisement for a local credit union. Then I drove by a bank and then I passed a credit union. I had been mulling over switching [...]