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Credit & Debt

Us Vs. Parents: Who Has It Worse?

That stereotype in movies when parents tell their spoiled children how hard they had it growing up ("When I was your age, I had to walk three miles to school in the snow wearing dilapidated hand-me-down shoes that gave me bunions!") may soon be reversed by our generation.

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Is Waiting To Invest Wise?

By on December 19th, 2011 • Credit Cards, Debt, IRAs, Stocks, Student Loans, Credit & Debt, Investing

Wisebread recently posted a blog that suggested an unpopular idea: Maybe it's not imperative that you start investing for retirement just yet. At least not right now.

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Dropping Deals

By on December 13th, 2011 • Budgeting, Deal, Free, hard drives, Credit & Debt

I dropped another external hard drive. Suffice it to say that my next hard drive purchase will probably be a laptop drive--something marginally more sturdy. Thank goodness I have an emergency backup for my most important files.

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What Will Happen To The Euro?

By on December 5th, 2011 • Bankruptcy, euro, Greece, Recession, Credit & Debt, Investing, Life

Over the past few months, apocalyptic talk of the "END OF THE EURO" has surfaced as weakest-link euro zone countries like Greece have teetered on the edge of default, threatening to bring down the rest of the euro zone with it.

Europe has some serious issues, but the following explains why a complete euro breakup is just about as likely as the National Enquirer correctly proclaiming Michael Jackson has risen from the dead.

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The Ultimate Money Infograph

By on November 30th, 2011 • Income, Money, wealth, Credit & Debt, Life, Savings

Check out this Money Infographic from xkcd.com.

This is literally the most comprehensive gathering of money information and statistics I've ever seen. I certainly wouldn't want to be the one to sift through the 206 sources to compile it all, but my hat's off to them.

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Counterintuitive CARD Act

By on November 29th, 2011 • calculator, Credit Cards, Minimum Payments, Credit & Debt

Remember the CARD Act of 2009? It set in motion a lot of different rules intended to protect consumers like you and me. One of these changes was to add more information to our credit card bills, detailing how long it would take to pay off the entire balance if only paying the minimum balance. 

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The United States Of Broke: Life, liberty and the pursuit of debt

By Jens Odegaard on October 31st, 2011 • Debt, spending, United States, Credit & Debt

From day one, Uncle Sam and Lady Liberty have borrowed to pay for the country's pricey expenditures. Now federal debt is enormous and unsustainable. How did it come to this?

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Shedding Debt: Restructuring for debt relief

By Jonathan Riddle on October 31st, 2011 • Debt Management, Credit & Debt

Debt restructuring may sound good, but beneath the surface, debt restructuring is similar to weight loss surgery: always expensive, and without discipline, a step deeper into the mess.

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Paying Off & Passports

What is amortization, and when should you get a passport?

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Income-Based Repayment: Relief For Student Loans On A Tiny Income

Earlier this week, the White House announced changes in student loan repayment policy intended to give relief to certain college grads struggling to pay back federal loans.

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