The mission of the Debt Guys is to help each person become Money Conscious resulting in eliminating their debt, living a debt free life and empowering them to achieve financial success by virtue of the universal principles discovered by us through our own financial mistakes, victories and professional training.
Showing posts with label financial news. Show all posts
Showing posts with label financial news. Show all posts
Monday, October 7, 2013
What's the Worst Kind of Debt?
Here's a list of the pros and cons of various forms of debt. We would argue that some debit, such as credit card debt, is worse than others. This article takes a more middle-of-the-road approach.
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Saturday, October 5, 2013
RSVPing "No"
43% of Americans say they've declined attending a wedding because of expenses. We have and I think some brides are still angry with us. If you can't afford it, you can't afford it. 43% seems a little low, too.
The Debt Ceiling Discussion in Pictures
CNNMoney has, essentially, put together a PowerPoint describing the issue with the debt ceiling.
Friday, October 4, 2013
2013 Shipping Wars Are Starting
Maybe you should avoid the malls altogether this holiday season. We stay away from all malls from mid-November through mid-January. It's not that hard, actually, and avoids a lot of stress.
Yes, You Can Share Too Much
We don't know why one would share their credit score on Facebook, but apparently some people need to be told don't share everything in Facebook.
Are You Getting Your Moneys Worth with a Housekeeper?
It's hard to put a value on not having to spend our rare free time cleaning, but here are 10 things to consider.
Is This Anyway to Run a Country?
No, but when was the last time a politician cared more about doing what's right for the country rather than winning an election?
What Government Shutdown?
The stock market closed in the green today, though it was down for the week. Apparently the market sees all the political theater as just that.
A Weekend of Wine Without Napa Prices
If you want a relaxing, wine-centered vacation, you don't have to go to Napa. If you're within driving distances of any of these places, all the better/cheaper.
Banks + College = Problems
As we mentioned before, students need to be cautious about the financial services being offered by banks through their college. These relationships seem to be more profitable for the banks sitting on huge piles of cash and colleges sitting on huge endowments than for the student signing up for a life of debt and student loans.
Good Shopping Advice
Jean Chatzky provides good, seasonal shopping advice. Prepare and mitigate the holiday shopping overindulgence.
Unemployment by Country
There are interesting charts coming out today in the absence of a jobs report. CNN compares unemployment by country. Of course, this doesn't take into account the underemployed or those who have stopped looking. This fuzzy math isn't unique to the U.S. Government, though.
Football and Beer
If you're lucky enough to afford/have tickets to an NFL game this season, "save money" and drink a lot of beer.
Media Estimate Jobs Report Figures
Without an official jobs report, media outlets are reporting their own calculations. 24/7 Wall St. reports a 142,000 gain last month. CNBC Squawk Box calculates a 158,000 gain. Let's hope Congress' circus doesn't through a wrench in this.
Innovation for Car Fuel
Natural gas is cheap. Several companies are researching how they can bring it to your garage. This could cut your weekly auto expenses in the near future.
If Suze Says It's a Crisis, It's a Crisis
Suze Orman draws attention to the student loan bubble. We agree one of the biggest problems with student loan debt is the lack of education the students have about what they're going into. Some, however, see that has a perk.
Texas Man Becomes World's First Trillionaire
Bank error creates world's first trillionaire. Trillionaire thinks about his country first.
Thursday, October 3, 2013
Good Advice for Your College Student
Here are six money tips to help your college student get through school and start preparing for the real world. We particularly like number 6, but stress that they need to be sure not to abuse the credit card. This will help them when they're finally in the market for a home or a car.
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