Category: Debt
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Spring Cleaning
Many of us are spending time “spring cleaning”. We’ve cleaned out the garage, the closets and the storage room. Hours have been spent cleaning out the flowerbeds and sprucing up the appearance of our homes – inside and out. But, how much time have we given to our finances? What have we done to clean…
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Is Your Debt Dropping Too?
Good news on CNNMoney.com yesterday. Consumer debt is on its way down! Really. According to the report, this is the 6th consecutive month that the total amount of debt has decreased. This month the amount exceeded expectations and was down $21.6 billion dollars! That is great news, but we have a long way to go. …
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Facing a Job Loss…
In our last article we discussed whether we are in a recession or not. There is a very old saying that said the difference between a recession and a depression is that a recession is when your neighbor does not have a job and a depression is when you do not have a job. There…
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Are You Recession Proof?
Back in 1992, we were in the middle of another presidential campaign. In fact, there was a Clinton running that year too. In that Clinton campaign, they had a slogan that was pasted everywhere for the team, and the candidate, to see. That slogan was simple – “It’s the economy …stupid”. This message was there…
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Americans are addicted to borrowing…
Today the USA Today newspaper says that borrowing has increased over the last three months. People are using more credit card debt since home equity credit is not as easily available. Read the story here… http://www.usatoday.com/money/economy/2007-10-05-consumer-credit_N.htm?csp=15
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Back to School Days
It is here again. That time of year that our kids typically dread – back to school time. I learned this week, that one school district in my state has already started back! My children, like yours, are dreading the return of school. Truth be known, they are dreading the more disciplined approach to the…