What we sacrificed to get out of credit card debt

Getting out of debt requires sacrificing the lifestyle you have become accustomed to. It’s not easy, and some people find that they are their own worst enemy when it comes to making sacrifices. It’s that lifestyle that got you into debt in the first place, after all. Having just paid off ALL our credit card [...]

3 types of foreclosure scams

1. Phantom help: The “rescuer” charges outrageous fees for light-duty phone calls or paperwork that the homeowner could easily do, none of which results in saving the home. This predatory scam gives homeowners a false sense of hope and prevents them from seeking qualified help.
2. The bailout: In this scam, the homeowner is deceived into [...]

Carnival of Personal Finance 134: Building on the basics

Mrs. Micah, who runs a personal finance blog, has posted a long list of links to good articles on personal finance. My article 3 Retirement Tips for Late Starters was included. I have included a shortened version of her post below. Enjoy!

 Mike from Clever Dude’s Finance and Life teaches us how to Rehabilitate Your Finances. [...]

3 Retirement Tips for Late Starters

Are you are one of the millions of people who realized you started saving for retirement about 20 years too late?
If so, don’t lose your head and start freaking out. Here are 3 tips to help you.

Downsize your lifestyle (aka - get out of debt).
It’s a safe bet that you’ll [...]

8 tips for the savvy shopper

Once you’ve created a gift list, clip these tips and follow them to make your shopping as hassle-free as possible:
1. TIME YOUR BUYING. Don’t fall for Midnight Madness sales, which typically offer discounts on just a few products. Sales are first come, first served, which could mean hours of waiting. For “hot” gifts that might [...]