Tag Archives: Credit Card Debt

Walking Away From High Credit Scores

July 12, 2010

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We have all heard it said: “Cash Is King.” A growing number of Americans are starting to agree.

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Must-See Animation: The Crisis of Capitalism

July 1, 2010

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The American Dream has become buying it all today and paying for it tomorrow…with interest. Houses, cars, clothes, college education. The average household spends thousands on interest every year. No wonder the financiers are getting richer!

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Breaking America's Financial Illiteracy

June 28, 2010

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Not surprisingly, Generations X and Y are getting themselves into huge financial trouble. Our public schools must step up to give our kids a practical, real-world financial education if America’s cycle of financial illiteracy is to be broken.

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It Was a Wonderful Life

March 19, 2010

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“Just a minute – just a minute. Now, hold on, Mr. Potter. You’re right when you say my father was no businessman. I know that. Why he ever started this cheap, penny-ante Building and Loan, I’ll never know. But neither you nor anyone else can say anything against his character, because his whole life was [...]

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How Strategic Default Could Save Our Economy

March 12, 2010

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More Debt Is Not The Answer “I was on my way to recovery, then you enabled me.” – Drug Addict Bailing out banks is like a mother giving her 28 year old son that is living at home, money for heroin, driving him downtown to buy the drugs and then back home so he can [...]

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Feelings and Attitudes Toward Debt Transform in Housing Bubble Aftermath

February 25, 2010

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Perhaps society’s current relationship with debt has not changed, but for those with the courage to read today’s gripping post, your feelings and attitudes toward debt certainly will transform.

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