January, 2010

Homeowner Wants To Walk, Despite New Loan Terms

Thad Salter's home is now worth less than half of its 2006 purchase price of $300,000. Even after his bank modified his mortgage, Salter wondered whether it would be better to walk away from the loan. At least one law professor says he should do just that.» E-Mail This     » Add to Del.icio.us Read more about ...

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Getting Your Budget Started

First Things First [caption id="" align="alignright" width="318" caption="Photo: flickr via electrofantastic"][/caption] The first thing to do is get a piece of paper or program on the computer such as Microsoft Office. You need to divide your money into categories that will be what dictates where your money goes. None of the sections should be labeled miscellaneous. These ...

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Podcast 40: Getting Back on Track in 2010, David Bach

Today’s guest on the Consumerism Commentary Podcast is David Bach, author of Start Over, Finish Rich: 10 Steps to Get You Back on Track in 2010, a book in which David discusses getting out of debt in 2010 and how to make the most of the recovering economy. David is a former senior vice president ...

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4 Steps to Getting Out of Debt

What a Mess [caption id="" align="alignright" width="289" caption="Photo: www.ehow.com/"][/caption] Getting into debt is easy, because all it takes is to spend more money than you make through credit cards and other loans. Live it up while you can, because you will have to pay off the debts when they come due. Paying back your debts with another ...

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Fund Raisers, Field Trips, Oh My!

Recession Affecting Schools [caption id="" align="alignright" width="240" caption="Photo: flickr.com/photos/lnx/"][/caption] It seems to never end—the streams of money that my children's schools are expecting me to give to them just so they can either go on field trips or buy team shirts. I do all I can to avoid these, but they never seem to let up. Should ...

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