Archive for debt-crunch
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Subprime lenders – Subprime rates – Don’t Buy a Home Until You Can Afford It!
By debtcrun
Delaying Gratification Means Wait Until the Time is RIGHT -
Banks and financial institutions are lending at subprime rates to
borrowers that are high risk due to poor payment history, inadequate
earning power and less than 20% down payment. As you can read one story
about the impact of borrowing before you are ready on Yahoo! – Subprime [...]
Money and Women Notes – How to Grow Your Own Money Tree
By debtcrun
How to Grow Your Very Own Money Tree – Okay. So money doesn’t really grow on trees. Unless you plant your own Mighty Money Tree, that is!
Imagine that only a few moments ago you planted a young sapling in your back yard. You gave it just enough water to ensure a good start. Not [...]
Get a credit card to establish credit – What were we thinking?
By debtcrun
Debt Crunch Going into debt to establish credit – what are we teaching our children? I know. I know. I’m just as guilty as the next guy. I listened to a twenty something during a break at a work training – she was explaining how to needed a co-signer for her car loan even [...]
Debt Crunch – The Working Poor is NOT about Them.
By debtcrun
Debt Crunch – I’ve been in a mood. It’s time tickin’ away. Waiting for a paycheck every two weeks. Knowing how much I am paying for my health insurance and getting cranky at how little living sparingly is NOT making much progress. I think it all stems from the fact that piecing out slots [...]
The Nixon Years and the Energy Crisis Prepared Me – Frugal Life Notes
By debtcrun
When you are trying to get your finances on track, being frugal means living efficiently – using the money you have BETTER. I grew up during the Nixon years, the big energy crunch of 1973 lead to long gas lines and the nation as a whole was asked to be more responsible with our [...]
Get Organized – From my budget to my closets – No more Big Spender
By debtcrun
Getting a handle on more than money. Yesterday, the boys spend the day at their dad’s place and I cleaned. It’s been a rough week with the house being constantly wrecked when I got home from work and it was making me sooo cranky!
For inspiration, I cleaned in the morning listening to my [...]
Credit Card Payments – Stop Making Minimum Payments on Your Credit Cards
Constant Credit Card Payments Are you trapped into making only minimum payments on your credit cards? I hope not.
Minimum payments decline as the balance on the credit card declines.
Let’s take a credit card with a $2000 balance at 15% interest to use as an example. You would expect to pay about a $40 (2%) [...]
Debt Crunch – Some People Just Get It, Others are like me…
Another Dave Ramsey show – driving on I-95 in Maine for a couple hours today, I got to listen to Dave’s show for a bigger chunk of time than I usually do so I’m feeling pretty grounded – centered when it comes to thinking more clearly about money. It’s the clarity that amazes me – [...]
