You have to realize that your not doing any of these kids, grown or not, a favour by continuously opening your wallet all the time. Time for a family meeting to discuss the situation. The two adults get a 30 day warning that the bank of mum and dad is closing. They are adults and it's time for them...

...but am climbing back on. Well, I've been trying to accomplish a couple of goals in these last few months -- one was not to incur any more consumer debt, and the other was to get some stuff fixed around my house. It turns out that I over did it on the latter, leading me to fail at the former. I...

Two years ago, I took out a lease to own contract with Dell computers for a laptop, software, and digital video camera for my training company. I needed the equipment, didn't have the money to buy it outright, and didn't want to use a credit card to pay for it. I didn't splurge by getting...

I have heard of this credit card strategy and wanted to know if it really works. Instead of paying one monthly payment on or before the due date, you take the same amount and divide it into to two payments and pay your credit card payment twice in the same month. Somehow, this is suppose to lower the...

Hi Everybody, Credit cards are toxic when they get the better of us. I speak from experience. At one time, I had about 14 different credit, dept. store, and gas cards with a balance of several thousand dollars. Now, I am debt free and I'm coaching people to avoid and get out of credit card debt....

It's April everyone...for those of you who have been hiding from your stack of bills and avoiding the calender with the due dates circled. I think it's time for a fresh debt check so I challenge you to take a look at your debts and add them up. Where do you stand with a pay off plan? - Remember...

I am not as proud as I would have been if I'd paid it all off in income, but I re-financed my mortgage and rolled in a home equity line of credit and the last remaining credit card I had hanging around. I'll be paying less for this one bill than I had been for the three, and I won't have...

It was in February of 2008 that I decided to change my relationship with money. I was sick of living week to week, always being scrambling to pay bills, being in debt and being generally stressed over money. I bartered with a life coach for a couple of sessions, but quickly realized I didn't need...

Use every spare dime and dollar that you can to get rid of the Old Navy card as soon as possible, then use that monthly payment to agressively pay down the other card. You'll be surprised at how fast it will disappear if you hunker down and get it paid off. Then like Walt said, put it away and don't...

I read something this morning in a commentary elsewhere that has made me think today. We have touched on this topic here but I want to directly ask in a thread focused on the concept... If the average consumer was debt free or at least carried very little debt and made large down payments for loans,...