Monthly Archives: August 2012

How Best to Pay Off Your Debt

There’s no question, the logical way to pay off debt is to go after the debt that you pay the most interest on first, and then work down to the accounts with the lowest interest rate.  In spite of the … Continue reading

Posted in Ch. 6, Credit Cards, Ch. 7, Consumer Loans, Ch. 8, Home and Auto, Ch.18, Financial Life Events | Tagged , , , , , , , | Leave a comment

Financial Regrets – A Look at the Biggest Financial Regrets Since 2008

In Chapter 1 of Personal Finance, Turning Money into Wealth we introduce the “Ten Principles of Personal Finance”, and Principle 2 is “Nothing Happens Without a Plan.” While a plan is a necessity, wouldn’t be great if you knew ahead … Continue reading

Posted in Ch. 1, Financial Planning Process, Ch.18, Financial Life Events | Tagged , | Leave a comment

College Students and Credit Cards – Some Tips

In a recent article in Time Magazine, “College Students Are Credit Card Dunces,” it was reported that college students really don’t know much about the credit cards they have.  In fact, while 70% of undergrads and 96% of graduate students … Continue reading

Posted in Ch. 6, Credit Cards | Tagged , , , , | Leave a comment

Women Assume More Financial Responsibility, but Lack Confidence

To say the least, the world of personal finance is constantly changing.  There was a time when men largely assumed the responsibilities of personal finance – but today, the financial responsibilities that women take on continue to grow.  Unfortunately, their … Continue reading

Posted in Ch. 1, Financial Planning Process | Tagged , | Leave a comment

Mortgage Lengths – the Surprising Popularity of the 15-Year Mortgage

For most people, their home mortgage amounts to the most money they will ever borrow.  In Chapter 8 of Personal Finance, Turning Money into Wealth we look at “the mortgage decision” and lay out the steps you need to take … Continue reading

Posted in Ch. 8, Home and Auto | Tagged , , , , , , , , , | Leave a comment