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Personal Debt

How To Reduce Credit Card Interest to Zero Percent With No Effect on Your Credit Rating

Nicholas Carroll | Posted 09.27.2011 | Business
Nicholas Carroll

Several of the big banks will now take the initiative after you miss two payments in a row, and offer either a short payoff deal or severely reduced interest rate. You don't have to call them; they send the offer to you.

With Budgeting, Slow and Steady Wins the Race

Jason Alderman | Posted 09.26.2011 | Business
Jason Alderman

Budgets are a lot like diets: No single approach works for everyone; overly complicated plans rarely work for long; and sometimes it takes a few tries before you get it right.

How One Woman Paid Off $30,000 In Credit Card Debt

Wallet Pop | Geoff Williams | Posted 05.25.2011 | Business

Lori Meyer has been debt-free for more than two years. For the 37-year old former teacher, it's a feat she once thought impossible. "Between credit ca...

Paddling Down the River Denial

Anne Butterfield | Posted 05.25.2011 | Denver
Anne Butterfield

We are overconsuming and despoiling our world. Many continue to numb themselves from facing the quickly worsening condition of our climate.

Credit Card Max-and-Walk: Consumers Learn How to Game the Banks

Nicholas Carroll | Posted 05.25.2011 | Business
Nicholas Carroll

Now that understanding banks' credit card red flags is spreading, banks are facing a wave of consumers who have learned a bit about the mathematics of default detection -- enough to circumvent the algorithms.

Fiddling While Rome Burns

David Coates | Posted 05.25.2011 | Politics
David Coates

The main debt problem currently besetting the U.S. economy is not primarily a debt problem at the federal level, no matter what Paul Ryan claims or implies. It is a debt problem at the level of people's personal finance.

Debt Relief Scam Report: GAO Calls Practices 'Fraudulent, Deceptive And Abusive'

Los Angeles Times | Posted 05.25.2011 | Business

A new report by undercover government investigators bolsters longstanding concerns that companies promising to help consumers overwhelmed by credit ca...

Soldier in Iraq Loses Home Over $800 Debt

Mother Jones | Nick Baumann | Posted 05.25.2011 | Business

Michael Clauer is a captain in the Army Reserve who commanded over 100 soldiers in Iraq. But while he was fighting for his country, a different kind o...

Go on a Spending Diet

Jason Alderman | Posted 11.17.2011 | Healthy Living
Jason Alderman

Anyone who's ever tried to lose a few pounds knows that not every diet works for every person. Similarly, it may take a few tries to find a system for managing your personal finances.

College Students are Using Credit Cards for Tuition

Bob Samuels | Posted 05.25.2011 | College
Bob Samuels

Adding insult to injury, a transfer of wealth and opportunity is being made from lower- and middle-class families to upper-class families through merit-based financial aid.

Americans' Retirement Savings: 43% Of Americans Have Less Than $10K For Retirement

CNN Money | Chavon Sutton | Posted 05.25.2011 | Business

The percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in 2009, according to the Employee Benefit Res...

Tearing Up the Lotto Ticket

Don McNay | Posted 05.25.2011 | Business
Don McNay

Almost all of us have our own "lotto moment." We make decisions about money that will either give us long term security and happiness or bring on pain and regret.

Feminomics: Why Gender Matters in Macroeconomics, as in Real Life

Zdravka Todorova | Posted 05.25.2011 | Business
Zdravka Todorova

When those who worry in the abstract about the debt "burden" of federal expenditures on our children, they forget that our youth's and children's present is jeopardized by the burden of private debt born by US households.

Celebrity Money Meltdowns

Manisha Thakor | Posted 05.25.2011 | Business
Manisha Thakor

Tough economic times have tested the vast majority of Americans -- and that includes celebrities.

What's Wrong With This Picture?

Loral Langemeier | Posted 11.17.2011 | Healthy Living
Loral Langemeier

While many are determined to cut expenses and save as much money as they can, they're still missing one gigantic point. Things will never be the way they were.

Changing Our Dependency on Credit Cards

Stephanie Neely | Posted 05.25.2011 | Chicago
Stephanie Neely

Now is the time to reduce our credit card addiction. While fees and high interest rates will continue to be a reality, there are steps an individual can take to prevent falling into the credit card trap.

The Choice for the G-20

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

The hype around the stock bubble will most likely weaken any resolve to deal with the huge challenges posed by an out-of-control finance sector and a failing global economy.

Debtor's Revolt?

Marshall Auerback | Posted 05.25.2011 | Business
Marshall Auerback

Once all the TARPs are tidied up and the quarterly profits no longer a revelation, American consumers will still be swaddled in debt. What's to stop them from just walking away from it?

Finance 101: Dedicated to Gov. Schwarzenegger

Mary Hall | Posted 05.25.2011 | Politics
Mary Hall

Gather all important financial statements and review what you own, your assets, and what you owe, your liabilities. Look carefully at how you're putting our hard-earned cash to work.

The Weird Have Turned Pro

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

The amount of money required to bail the world out of the current economic crisis, if this crisis plays out at a historical average, is nearly equal to all the private wealth currently in the world.

Suze Orman Watch (or Barf Patrol)

Jill Schlesinger | Posted 05.25.2011 | Business
Jill Schlesinger

I detest the way Orman talks down to people and shames them. I think of her as the Dr. Laura Schlessinger (no relation!) of finance.

Lasting Homeowner Help? Try (Financial) Fishing Lessons

Manisha Thakor | Posted 05.25.2011 | Business
Manisha Thakor

As a nation, we have lost our financial way. Founded in the principles of thrift, frugality, and hard work, our beloved country has morphed into a giant financial couch potato.

Is Your Debt Naughty or Nice?

Manisha Thakor | Posted 05.25.2011 | Business
Manisha Thakor

For the first time in over 50 years, it is clear that "debt" has finally come to be seen for what it is, a four letter word that should be used with extreme caution.

Back to the Future

Larry Gellman | Posted 11.17.2011 | Healthy Living
Larry Gellman

Although it may not be as much fun as the more recent version, the new normal will probably look more like the normal of my youth than the unsustainable glory days of the last 20 years.

Blogger's First Amendment Rights Threatened by NJ Law Firm

Chris Rodda | Posted 05.25.2011 | Business
Chris Rodda

I wonder how much thought these people were giving to the people they make their money off of. People like the 90-year-old woman who was threatened with jail for failing to return an Information Subpoena,