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Debt

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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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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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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On Debt's Door: Can bankruptcy really save your bacon?

Filing for bankruptcy can be a useful tool to get out of debt, but it can also carry some serious consequences.

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Debt Ceiling Debate Is Down To The Wire

By on July 25th, 2011 • Debt, Debt Ceiling, NFL, Life

In action movies, when the hero escapes a near-death situation by the skin of his teeth, it makes for great on-screen adventure.

In real life, such down-to-the-wire feats aren't so glamorous.

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Dream-Crushing Student Loans?

By on May 23rd, 2011 • Debt, Student Loans, Credit & Debt

I recently watched the film version of the play A Raisin In The Sun starring Sidney Poitier. In the story, his character, Walter, dreams of pulling his family out of poverty and creating a better life for himself, and believes that investing the family’s savings into a business scheme will lead to wealth and opportunity. Though he ultimately squanders the money on a bum investment, I could relate to his desperation to make something of himself.

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A Fistful Of Dollars: It's the Wild West and Wall Street crooks are cashing in

By Jens Odegaard on May 1st, 2011 • Debt, Investing, Wall Street, Investing

Wall Street has the greatest collection of crooked, two-faced, backstabbing shysters this side of an Old West saloon, and they're riding off into the sunset with stolen loot.

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Obama's 2012 Budget Proposal Pinches Students

By on February 14th, 2011 • Budget, Budgeting, College, Debt, Deficit, Obama, Student Loans

There are many different ideas on how to handle the current budget deficit, projected to be around $1.5 trillion by the end of 2011.

The budget proposal President Obama put forward for 2012 takes some modest steps to reduce spending; unfortunately for college students, some of these cuts affect federal financial aid.

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A Spending Diet for Debt Loss

By on January 17th, 2011 • Debt, Savings, Spending Diet, Savings

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