Category Archives: Debt

How to use Financial Speculation as a way of overcoming Debt

In days gone by, the common perception was that the spectre of debt could only be overcome by reducing expenditure and commiting to saving money. While this remains viable advice, however, it is not necessarily the most productive method in an economic climate where unemployment remains high and disposable income decidedly low.   Instead, theContinue Reading

Coming Up With a Debt Repayment Plan

Part of my post-summer refocus is to get back to some of the basics with regards to my family’s personal finances.  First step was to reassess my family’s cash flow and make the appropriate changes.  Second step is to take a look at my debt, and come up with a plan. As of September 1st I haveContinue Reading

Redeeming your credit card rewards

Credit card reward schemes are a great way to make the most of your spending, but many customers aren’t even aware that their purchases are building up a wealth of reward points: let alone how they can redeem them for perks and treats. Signing up Whether applying for a new credit card or looking forContinue Reading

Beyond Just Finding the Best Interest Rate

Mortgages can be quite complex, and each component plays an important role, but the most effective way to save money on a home loan is by finding the best interest rate. However, in order to find the best interest rate, it is first necessary to understand what it is, how it is determined and howContinue Reading

Back to Zero With Credit Card Debt

When I started my personal finance blog in 2008 I had over $16,000 worth of credit card debt.  It took about a year or so but I paid that all off, and The Wife and I were one of those people with literally zero credit card debt that carried over month to month.   ThisContinue Reading