Helping You To Eliminate Debt & Build Up Your Assets

Reducing Spending, But Still Not Saving

Wednesday, February 13th, 2008

I came across an article today which discussed the spending habits of baby boomers in light of today's economy. Baby boomers are the people who were born between 1946 and 1964, the largest segment of the U.S. population. The article, Many Baby Boomers Concerned About Retirement Savings..., mentioned that 61% ...

Stimulus Bucks: Buy or Pay Down Debt?

Tuesday, February 5th, 2008

As the U.S. Senate puts the final touches on what they hope will be a piece of legislation that passes Senate and presidential scrutiny, talk is brewing on just how the average American will use his stimulus check. Although the amount proposed hasn't been finalized ($600 for individuals, $1200 for ...

Debt Reduction Options: Some Are Good, Others Are Not

Monday, January 28th, 2008

Carrying a debt burden can sap your energy, causing you endless worry and aggravation. Everyone wants to get out of debt, but not every debt reduction solution will really help you out. Most will take some time implementing while others should be avoided except at last resort. Personal bankruptcy. Yes, bankruptcy ...

Rewards Cards: Are They Worth It?

Friday, January 11th, 2008

By Matthew C. Keegan Virtually all consumers will have a credit card at some point in their lives. Is this an understatement? Probably, as most consumers carry multiple credit cards. Selecting a credit card should not be something taken lightly; card companies are constantly looking for new consumers, but only after ...

The Flip Side of the New Bankruptcy Law

Monday, December 3rd, 2007

By Matthew C. Keegan Congress passed and the president signed legislation earlier this year that made filing for personal bankruptcy a much more difficult proposition. At the urging of the financial industry – particularly credit card providers and banks – the new legislation was drafted and approved setting the stage for ...