When Jill wrote about how to fix your credit after a foreclosure, a reader, Marke, left the following comment: I am right now considering whether I should walk right now. Since millions of homeowners are in a situation where their house is worth less than they owe on their mortgage, I’m guessing that Marke isn’t [...]
I had lunch with a friend this week, and she told me about a barter exchange that her husband joined. The concept is pretty simple: you provide a service and earn barter credits, then you spend barter credits to purchase services from other businesses. And in a down economy, barter is appealing. My biggest fear [...]
We were excited this week to be named a finalist in the 2009 Plutus Awards. My Dollar Plan is a finalist in the category for Best Tax Blog! So far, it’s a fantastic tax season, with the completion of my enrolled agent exams, landing some great new clients for our tax business, and now getting [...]
Recently a close friend and I discussed a debt she wanted to payoff. She has a car loan with a balance of about $10,000 at an interest rate just north of 5%. It’s killing her that she’s paying interest on it and wants to know if she should pay off the loan with her savings. [...]
I find the story about Craig Cunningham very intriguing. His debt collection story was featured in Better Off Deadbeat. When credit was free flowing, he borrowed over $100,000 and invested in risky stocks and the sub prime mortgage industry. The greedy extension of a well planned credit card arbitrage strategy. Of course, the recession hit, [...]
