I’m sure I’ll get some disagreement with this decision, but I’m a big boy and I can take it. Here’s the story: I’m a personal finance blogger, I just financed our new (to us) van with a six-year loan, and I honestly think it was a good decision. At the end of January, my wife […]
I have a love-hate relationship with financial rules of thumb. On one hand, I recognize that not everyone is going to spend as much time thinking about and researching financial topics as they should, and rules of thumb give them easy-to-remember guidelines for staying on track. But on the other hand, these types of guidelines […]
The lazy, hazy, crazy days of summer are officially here, making it the perfect time to lounge by the pool, take a little vacation… and do a little tax preparation. Yes: tax preparation. While we think of tax season as being in the spring, planning for the big April 15th deadline is something you can […]
“Debit or credit?” It’s a question I’m asked every time I swipe my debit card — and which path I choose doesn’t seem to make much of a difference to me. I walk out of the store with my purchase, and the money is deducted from my checking account. But if we look under the […]
Imagine blowing through $50 million dollars. $50 MILLION dollars. That’s what Toni Braxton did. Meat Loaf did better — he was only $1.6M dollars in debt. Dee Snyder, Billy Joel, and many more have blown through millions to end up owing millions. You may not make millions to blow in your lifetime, but you certainly […]
“How are we going to pay for that?” my wife asked me. I wasn’t sure how to answer the question. We were staring at an unexpected expense that was more than our budget had room to handle — and our emergency fund had recently been exhausted. We were almost done paying off $109,000 in credit […]
