February 17, 2012 – 8:21 am | No Comment

Studies show that over 75% of college students have a credit card, and they can be a great asset for a student. Credit cards are convenient, can help build a good credit history and can help young people learn money management skills.

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Credit Card Debt

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Articles in Credit Card Debt

Arm your Children with Financial Knowledge
May 15, 2008 – 6:49 am | 2 Comments

There’s a saying that goes, “It’s not how much you make, it’s how much you keep.” My kids are pretty creative when it comes to making money – they have the entrepreneurial American spirit. …

Good Debt vs. Bad Debt
May 1, 2008 – 6:22 am | 13 Comments

But I thought that debt was debt. Isn’t all debt “bad”?
I would say that most debt is “bad”. Think about it: interest doesn’t take sick days or vacations and works 24 hours a …

Do It Yourself Debt Settlement Plan
April 23, 2008 – 5:01 pm | No Comment

It’s never a fun position to be in, but sometimes many people find they are so past due on their credit card debt that the only solution seems to be bankruptcy. That should be a …

Divorce and Credit Card Debt don’t mix!
March 25, 2008 – 11:31 am | One Comment

Where would the tabloids be without Celebrity divorces? The drama, the excitement, the downright cattyness – most of us simply can’t resist the spectacle.
Indeed, as I write this post, the media is abuzz with news …

How to pick a goal
February 18, 2008 – 6:33 pm | No Comment

I have found different formulas for creating a goal.
One goal I am considering is to lower my monthly payment each month. Of course I can do this by just paying my bills, but it’s kind …

The psychological implications of debt
February 17, 2008 – 5:00 pm | No Comment

Each year hundreds thousands of Americans find themselves delving deeper and deeper into debt and see no light at the end of the tunnel. Sadly, getting yourself into debt is easy, but getting out can …

The wonderful world of Credit Card Arbitrage! (Pt. 1)
February 15, 2008 – 7:22 am | No Comment

A number of readers have asked me what I think about credit card arbitrage. My personal feeling is that I wouldn’t touch it with a 40 foot pole, but I can’t deny that some people …

Obama proposes Credit Card ‘bill of rights’
February 14, 2008 – 7:38 pm | 4 Comments

Barrack Obama has outlined a Credit Card bill of rights that he says will protect consumers. On page 5 of the White Paper that accompanied his speech in Janesville, he mentions the components of …

Where does YOUR money go?
February 14, 2008 – 3:48 pm | One Comment

The New York times just released some interesting data that shows a breakdown of how Americans on different levels of the wealth spectrum are spending their money.
There are a few particularly telling things about the …