by L. Marie Joseph Having consumer debt can be toxic not only to your finances but also your family life. For some, their entire paycheck goes to monthly expenses and housing. Then they use their credit cards as a security cushion, to get by until the next pay period. This becomes a perpetual process that becomes harder to escape. You feel normal because all your … [Read more...]
Why Parents Should NOT Pay for College
by Lisa Maria Carroll Are you a parent who struggles to give your child the best of everything, including a house that's not a home because you're losing sleep at night worrying about how you're going to keep it, vacations charged to credit cards that will take you the next 20 years to pay off, and a college education that you can't afford to pay for? If this is you, then I … [Read more...]
Money Monday: Kmart Layaways And The Lessons Of Savings
by Dr. Charles Alonzo Peters I grew up in the Dark Ages - no internet, no ipods, no cell phones, and definitely no credit cards. I had heard about the Diners Club Card - but that was for really rich people. Then this thing called MasterCard came out. This too was for the well to do, the kind of people that ironically didn't need credit. This MasterCard wasn't like … [Read more...]