Man lives in the sunlit world of what he believes to be reality. But… there is, unseen by most, an underworld, a phenomenon that is just as real, but not as brightly lit…Tales from the Darkside? Nope! Tales from the Debtside. Debt is the toxin that feeds fear and fear is the toxin that feeds debt.
12 Tips To Use Your Smart When You Borrow Money
Sat May 15, 2010 | | Posted in Debt
Almost everyone borrows money sooner or later from financial institutions. There is always some interest attached with the principal when you payback. You must realize that the interest you pay on mortgage, credit cards, and personal loans is your expense. Therefore, you must try to lower that expense by doing research how to get loan … Continue Reading »
Tips To Follow In Recovery And The Next Booming Economy
Tue May 11, 2010 | | Posted in Debt
Most folks did OK and better in the previous booming economies if any of us can remember that far back. However, for some folks [read millions] it turned to be financial misery in disguise. They spent heavily and consequently borrowed heavily, with their eyes closed from their financial surroundings. If they were able to see … Continue Reading »
The Truth About Debt Consolidation By Dave Ramsey
Sun Apr 4, 2010 | | Posted in Debt
Dave starts out his post with two statements: Myth: Debt consolidation saves interest, and you have one smaller payment. Truth: Debt consolidation is dangerous because you treat only the symptom. That is absolutely true. You pay more in the long run even though your interest is lower. You just stretch the payment over more years … Continue Reading »
6 Steps To Take And Get Out Of Debt While Still Alive
Tue Mar 30, 2010 | | Posted in Debt
Many more folks have problem of how to get out of debt while they still have a chance and while they are still living. Everyone might have a different approach how to go about it. Each individual’s credit and debt circumstances are different. However, there are some “generic” ways to solve the debt problem. The … Continue Reading »
Which Came First, Greedy CC Issuer Or Innocent Consumer?
Sun Mar 21, 2010 | | Posted in Debt
That’s like the age old question – the chicken or the egg? A lot has been said and commented on this subject. Who is at fault for the credit card debt? Is it the greed on the part of companies that issue the cards or the greed of freely spending consumers – otherwise known as … Continue Reading »
Poor, Orphans, Destitute – The New POD Group
Fri Mar 19, 2010 | | Posted in Debt
A new group of the Poor, the Orphans, the Destitute (POD) have been created during the last couple of years. They are the good, decent folks who have lost jobs, foreclosed on their homes, declared bankruptcy and have lost their entire livelihood. A new landscape of websites have been created to list foreclosure properties. The … Continue Reading »
Breakdown Of How Our Federal Tax Dollars Are Spent
Tue Mar 16, 2010 | | Posted in Debt
If you think nothing, you are right. Who knows where our federal tax dollars go? The federal government collects taxes in order to finance various public services. “I don’t see no money being spent in my neighborhood.” Well, you might not see it, but it is being spent on something. That may be apparent to … Continue Reading »
Understand Federal Budget In Terms Of Deficit, Debt, Interest
Thu Mar 11, 2010 | | Posted in Debt
The federal budget has three characteristics attached to it: deficit (or surplus though rarely), debt, and interest. Come to think of it, that’s exactly how family finances behave as well. There will always be debt and interest. Budget of any government in the world has these two characteristics attached to it. You can say that … Continue Reading »
Defusing National Debt Bomb – It Can Be Done – Here’s How
Tue Mar 9, 2010 | | Posted in Debt
Fareed Zakaria writes for Newsweek and is a commentator on CNN and has his own show on Sunday, again on CNN. He has written an article published in Newsweek on Feb 26, 2010 and has titled it “Defusing the Debt Bomb. It can be done. Here’s how.” I found it very interesting to read and … Continue Reading »
Way To Go, Sujata Sachdeva – You Are Finally Debt Free
Mon Mar 8, 2010 | | Posted in Debt
I gotta give it to you, Sue baby. More and more folks – except the bonus babies – have gone to great lengths to be debt free. Once you get in heavy debt like some folks, it would take you almost a lifetime to get out of debt. In the last two years, you paid … Continue Reading »
