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.
Tips for the technical side of how to get out of debt
Mon Jul 27, 2009 | | Posted in Debt
You want to get rid of debt in your life. You don’t care what method to use as long as someone is able to help you get out of debt and be debt free from here to eternity. What do you care about the technicality of what method to use? But financial gurus – and … Continue Reading »
Has anyone presented you the world yet?
Wed Jul 22, 2009 | | Posted in Debt
If you have not been offered the world yet and nobody has talked to you or send you email to get you rid of the heavy debt you are under, pretty soon you might get an offer like that. Your shoulders have become weak. When you walk in your neighborhood, the once high-held head is … Continue Reading »
Have peace of mind by getting rid of bad debt
Sat Jul 18, 2009 | | Posted in Debt
Is being debt-free really peace of mind? In a few words, you bet your sweet ass. However, it depends what kind of debt you are talking about. I have mentioned that many times – debt can be good and debt can be bad. Good debt, if managed properly, can be your livelihood whereas bad debt … Continue Reading »
American way of saving and debt
Sat Jul 18, 2009 | | Posted in Debt
Americans have long been willing to get ahead by taking on debt. The country’s consumer debt totals $2.56 trillion, according to the Federal Reserve Board. American financial landscape was built, and still is maintained and nourished, by credit and debt. When I came to the States in the 1970s, one of the first things I … Continue Reading »
The U.S. National Debt knows no speed limit
Sun Jul 12, 2009 | | Posted in Debt
If you keep staring at the U.S. Nation Debt, it seems to speed up. As usual, no cop in sight when you need one? Is there any way we can stop this? It’s scary, ain’t it? I gotta go, get me some Alka Seltzer. if (WIDGETBOX) WIDGETBOX.renderWidget(’22a0f7e9-930c-4055-9bdd-b319d851c8e2′); What affects your credit score Currency Converter if … Continue Reading »
Emily says the thought of repaying rented money never hit her
Sun Jul 5, 2009 | | Posted in Debt
There is an article at forbes.com titled “Tips On Consolidating Student Loans” by David K. Randall, published on 04.15.09. Excerpts from the article It seemed like Monopoly money to her. Emily, a New York University senior who prefers not to use her last name, took on thousands of dollars of student-loan debt without giving it … Continue Reading »
Life after bankruptcy is not as horrible as you might think
Sun Jun 21, 2009 | | Posted in Debt
Bankruptcy is not the way to live and eventually die if there is any chance at all of avoiding it. But if you have exhausted all venues to avoid going that route and if there is no other way out, it is not the end of the world for you. There is life after bankruptcy. … Continue Reading »
Lessons From A Personal Credit Crisis
Tue Jun 2, 2009 | | Posted in Debt
There is an article on forbes.com written by John Tamny, published on June 1, 2009. The article is about the personal credit crisis of New York Times economic reporter Edmund Andrews. In the article, John states that Ed bought brick town house for $460,000. The “economic” reporter was making $130,000 a year with take home … Continue Reading »
The Rich turn to massive garage sales – more like lifestyle-liquidation
Fri May 29, 2009 | | Posted in Debt
Nothing in this world has remained unchanged. Like they say “the only constant on this earth is change, change, change.” Many people have a hard time grasping this. If folks have their own business or a line of business – for example, show business, arts and entertainment, real estate, construction and others – and they … Continue Reading »
N.Y. State Attorney General sues two debt settlement anacondas
Wed May 20, 2009 | | Posted in Debt
New York Attorney General Andrew Cuomo yesterday scored his gains with a crackdown on two major outfits he accused of tricking and gouging consumers with debt-settlement schemes that caused more grief than relief for cash-strapped debtors. Mr. Cuomo sued two debt settlement companies Tuesday, accusing them of fraudulent business practices and false advertising. He said … Continue Reading »
