Category Archives: Personal Finance

Why is Layaway Becoming More Popular?

Why is Layaway Becoming More Popular?

Apparently CNBC is finding that more and more people are using layaway, and I just don’t get it! I have no recollection of using layaway, but then again I am only 27, and part of the generation where everyone had a credit card!  The Simpsons even had an episode where Santa’s Little Helper received a… Continue Reading

Fight Back Against Credit Card Companies Cancelling Your Credit Card and Hurting your Credit Score

Fight Back Against Credit Card Companies Cancelling Your Credit Card and Hurting your Credit Score

A couple months ago I received a notice from a credit card which was previously eradicated from my modified debt snowball.  I had dual thoughts, “hahahaha, it doesn’t matter if you jack up my interest rate, I paid all my credit cards off already, tough guy” and “You better not be trying to get a… Continue Reading

2008 Income Source Statistics by Age and Total Income

2008 Income Source Statistics by Age and Total Income

I saw 2 really cool tables from the Tax Foundation’s Tax Policy Blog that to put it simply…inspired me.  Both provide an statistical evidence of what I have intrinsically thought was correct, and where I should go. Statistics of Income Sources of 2008 Tax Returns The first Table provides an insight as to what sources… Continue Reading

Another Reason to Check your Credit Report – New York Default Judgment Getting Thrown Out

Another Reason to Check your Credit Report – New York Default Judgment Getting Thrown Out

On July 22, 2009, New York Attorney General Michael Cuomo filed papers to throw out 100,000 default judgments due to bad service.  When I wrote a post way back in December about Default Judgments and How they Affect your Personal Finances I skipped over service of the papers to start a lawsuit. New York Service… Continue Reading

Your Credit Score Matters

Your Credit Score Matters

Luckily this blog is anonymous so I can talk about whatever I feel like!  Well today I got a rough phone call from the Sister in Law.  She was looking into buying a home with her boyfriend.  Well, when they went to get pre-approved she was met with a a very low number due to… Continue Reading