Category Archives: Debt

What Kind of Credit Card Debt Repayment Person Are You?

What Kind of Credit Card Debt Repayment Person Are You?

I’d like to think that I have a wide variety of friends.  These friends range from successful business owners to civil servants to a friend that was unemployed for the better part of 18 months (health reasons).  So it was interesting when I told a bunch of them about getting rid of my credit card…Continue Reading

When Applying for a Mortgage don’t Forget to Calculate your Debt to Income Ratio

When Applying for a Mortgage don’t Forget to Calculate your Debt to Income Ratio

A buddy of mine is attempting to buy his first home, and learned a very valuable lesson that no one learns about until they attempt to buy their first house.  It is a lesson that most people do not think until their mortgage broker tells them the bad news.  I bet you are thinking, “Ugh another…Continue Reading

Sometimes You HAVE to Ignore the Right thing to do! I Cancelled my Bank of America Credit Card Today

Sometimes You HAVE to Ignore the Right thing to do! I Cancelled my Bank of America Credit Card Today

I almost never lose my temper with customer service reps, and it usually gets me what I want or at the very least closer to my goal.  Whether we are talking about the cable company, cell phone companies, and most financial/credit card companies – I usually get what I want. Before I get the comments…Continue Reading

15 vs 30 Year Mortgages – Longer is better!

15 vs 30 Year Mortgages – Longer is better!

I read an interesting post that really got me thinking today. It was written by a great blogger nicknamed Money Hawk, if you have never read his blog I implore you to check it out. He wrote a great post titled “Kick Financial Ass With a 15 Year Fixed Mortgage.” His basic premise is simply…Continue Reading