Steadfast Finances

 Budgeting, Credit Cards, Debt Reduction         8 comments

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I drafted this article after spending two weeks of discussions with an old friend who finally acknowledged her debt was beginning to influence her behavior. By creating a budget and drawing up a plan to aggressively pay down her debt within 15 to 18 months, she now claims she can …

 Consumer Education, Debt Reduction         22 comments

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I’m all for repaying your debts and owning up to your responsibilities, but there are some situations when bad things happen and repaying what you owe isn’t a realistic possibility.
If you happen to be in this unfortunate situation, let’s hope the debt collectors featured in this CNN report aren’t the …

 Administration, Financial Crisis, Mortgages, Peer to Peer Lending         2 comments

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I’m concerned about the growing number of prime borrowers who are delinquent on their mortgages. According to Wall Street traders and pundits, we still have a decent chance seeing a double bottom on the S&P 500.  If the short term economic outlook involves anything resembling the phrase “prime mortgage …

 Financial Planning, Investing 101, Retirement         4 comments

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A friend and reader of this blog posed an interesting scenario to me this week.  One that I, or almost anyone else for that matter, would be rather shocked to see waiting for them in their email inbox prior to their ritualistic 8 AM cup of java.
Matt – What would …

 Personal Finance Tips         10 comments

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In late summer, I wrote about the first non-snoozefest documentary on economics ever produced — I.O.U.S.A. The Movie.
It has now been released in a 30 minute condensed version and placed on YouTube.com (see video below) for all to see.
If you haven’t watched it yet, it is probably the most jaw …