Debt problems don’t happen overnight. They are the cumulative result of habits that build up over time. Often times, when people find themselves overwhelmed with debt they wish that they could just turn back the clock and change their ways. Instead of lamenting over past mistakes, why not identify problem-causing habits now and stop them […]

According to the Federal Reserve, Americans are drowning in debt with a record revolving credit balance of $975.2 million as of the end of 2007.  This works out to around $11,000 to $12,000 in credit card debt for the average household in the United States, a pretty staggering total.  Are you one of the millions […]

Credit cards are often equated with bad money management, but they can also do a lot for your credit score and your overall financial picture if you use them wisely. The key is in avoiding some common credit card mistakes.
The biggest mistake that people make is opening too many credit card accounts. The average American […]

 If you are anything like me you have done two things this holiday season that may spell doom for you in 2008.  The first is you waited to the last minute to holiday shop and now have nothing but fruit cakes and Christmas Tree air fresheners to give to your loved ones as gifts this […]

With holiday spending in full swing so is its evil stepsister, credit card spending.  Recent stats by the National Retail Federation show that the 2007 holiday season is off to a record start with recent “Black Friday” sales by US shoppers rising 8.3% to a record $10.3 billion.  Figures for the following “Cyber Monday” shopping […]