You won’t go to Hell if you declare bankruptcy, let’s just go ahead and get that off the table first. Now, with that said, I want to address a question I’ve been asked many times. When it comes to being in debt, some situations are much worse than others. Most households in America have at […]
Debt
Is It Wise to Loan Money to Family and Friends?
Have you ever decided to loan money to a friend or family member? I’m not talking about the little $5 “I need to buy some lunch” loan here. I’m talking about the “I’m behind on my bills”, “My car just died”, or “My cat needs an operation” loan for hundreds or thousands of dollars. If […]
Eliminate Your Financial Frustration By Taking Action
Do you constantly have financial frustration in your life? If so, you’re certainly not the only one experiencing that problem on a daily basis. In fact, a recent Wall Street Journal article stated that almost half of all Americans would have to sell some possessions in order to come up with $2,000 cash within 30 days. […]
The 20 Best Ways to Use Your Credit Cards Wisely
When you read the title above about using credit cards wisely and then you realize on which site it is you’re reading this, you’ll probably start thinking to yourself , “OK, I guess Doc has finally gone off the deep end.” Because you know if you’ve been frequenting this site for more than a few […]
Are You Leaking Money?- How to Get Rid of Money Leaks
Money leaks, just like water leaks, can be devastating. Have you ever had a leak in your house that caused a lot of damage and cost a lot of money to fix? A couple of years ago, my family and I went to the grandparent’s house for the long Thanksgiving weekend. We had a good […]
How Not to Finance a Car
Ever had to finance a car? When it comes to financing a car, there are good ways to do it, and there are not so good ways. I’m going to tell you a little story about my very first experience financing a vehicle. I’ll show you what it taught my wife Angie and I about […]
