The idea of good debt and bad debt may be oversimplified. There are many arguments for what might be called “bad” debts. Sometimes, these have good qualities about them. Also, not everything in life is about living by the numbers, and sometimes an exception can be made. However, this article will help you clarify where [...]
While there has been much dark to the recession in regards to the United States economy, there has been some positives too. One of these is with the operations of business. While the constant tightening of the belt is seen as a negative, it’s anything but. These days the companies that were having problems before [...]
Would you take my wampum in exchange for your house? In the 1620′s, the Dutch would have accepted the sacred beads like currency. Debt began way before the Native Americans found their own currency, though. Find out what Hammurabi thought of debt, and when human cages were in vogue for debtors’ jail. These facts will [...]
While we can’t avoid blackholes from wreaking havoc in the Universe, we can avoid devastating financial blackholes due to hidden fees, over-the-limit fees, and late payment fees that accumulate with credit card spending. Sometimes it seems that all of our hard-earned money goes toward paying down these fees and causes our money to disappear right [...]
Granted, the current economic situation in the U.S. is far from great due to an ever-increasing national debt; but when looking at the financial dilemma on a global scale it quickly becomes obvious that other countries are even worse off than America. Here are 14 countries on the verge of bankruptcy, including the U.S. click [...]
The current economy has thrown many into a financial hole that requires them to find a ladder to crawl out. Finding a ladder that is long enough to get out of the hole is a task that can be overwhelming. One avenue that many are taking is enlisting the help of a debt settlement agency. [...]
We all remember our elementary class president’s promise to put Coke in the drinking fountains, and likewise, we remember each United States President’s promise to lower the federal debt. Once a person takes office, though, these promises seem as likely as Donald Trump getting an attractive haircut. With thousands of Americans filing Chapter 7 bankruptcy [...]
The U.S. economy got another blow from the European crisis this time in the form of budget cuts. The British PM’s announcement of the extreme cut back in the form of government spending along with the German austerity plan detains, caused the U.S. economy to feel the shock waves. This move is going to reduce [...]
Avoiding debt can be one of the hardest things a person will face in their adult life. Sometimes it’s just a part of life. Fortunately there are things you can do to avoid the common mistakes most Americans make. There are a few ways to avoid the common debt traps you face, here is quick [...]
Image by quaziefoto via Flickr There are many options available to those who need to reduce and get rid of their debt. One popular method is with debt consolidation. This proves to be a lifesaver for those that have incurred a heaping amount of debt over the years and find themselves unable to make the [...]
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