At the beginning of the new year Washington Post finance columnist Michelle Singletary “invited” her readers to a 21-day financial fast. Singletary introduced the fast at her church years ago, and says that many people have used it to jump-start their “path to prosperity.” I agree that the path to financial freedom starts with commitment [...]
Today we’re wrapping up the in-depth look at the health care bill and how it might impact your finances. Today we will cover the new student loan reform included in the health care bill. Student Loan Reform Bill The federal government has officially ended the bank-based system of distributing federally subsidized student loans through the [...]
In 2009, over 3 million homes were forced into foreclosure. High unemployment, adjustable rate mortgages, and tight credit came together to make it simply impossible for many American homeowners to continue making mortgage payments. Foreclosure leaves a big black mark on your credit report, and can drop your credit score by up to 150 points, [...]
I had such a wonderful holiday with my family in Pennsylvania. There were airports, bows and wrapping paper, smiles, music, toasts to good fortune and days past, special holiday movies and shows, candy canes, and everything in between. Now that the holidays are officially over, I must admit that I feel a little void where [...]
This is a guest post by Jonathan. He’s a Australian twenty-something student with a Diploma in Financial Services. The sky has fallen, and a lot of us are in over our heads in debt and worry. But the recession doesn’t have to be a bad thing. Just as a company can emerge from a bankruptcy [...]
