The most troubling problem with the “debt trap” is that it already has you before you’re aware of it. When I went to school I had a vague and misty concept of credit cards, student loans or any debt instrument for that matter; up to that point my parents had always taken care of these [...]
Archive for May, 2009
My Top 10 Favorite Blogs
This may be off the personal finance subject but sometimes finance can be boring, but only sometimes. However, here is a list of blogs I try to visit on a daily basis. They are NOT in any order of importance, as I highly recommend them all.
Daily Blog Tips- I think Daniel Scocco’s blog is great [...]
Using Credit Cards to Start an Online Business
Finding money to start a business is not an easy task, especially in this economy. Trying to fund an online business is even harder. If I were to start calculating the money I have wasted on “Instant Internet Income” and “How to make money online” products, it would bring tears to my eyes. For most [...]
Benefit of Credit Unions
Over the last few months, I’ve become sick of Bank of America. They have not only raised the interest on my credit card but have also raised their “maintenance fee” on my savings account (cue the violin). This has put me on the journey of finding a new place to put my money. Now for [...]
Avoiding Ponzi Schemes
This morning after severely oversleeping, I got a chance to catch CNBC’s show American Greed. Fortunately, they had back-to-back episodes on Martin Frankel and Eric Stein. These two aren’t nearly as high profile as Bernie Madoff but both were insanely successful. If you get a chance to watch one of the episodes I highly recommend [...]
