As many of us look over our financial picture, we find that we've allowed some bad debt to creep into the frame. And, before we get too far into this post, this isn't going to just be another avalanche (focus on highest interest rate first) vs snowball (focus on smallest balance first) post. My path … Continue reading Debt Repayment: How Do We Do It?
I got my first credit card when I was in college. I had somehow gotten pre-approved for a card with a $500 limit. All I had to do was fill out a form and mail it back to the bank. My parents had just gotten me my own car, which I needed for a co-op … Continue reading Revolving Debt: Your Money’s Persistent Houseguest