The Fallacy of Credit Card Rewards

The Fallacy of Credit Card Rewards

This “great deal” illustrated above recently popped up on a shopping deals site I visit from time to time. It’s at best a 2% cash back credit card (but read the fine print…). Everything you need to know about how these things work in reality, and why they are a...
Happy Debt-Free Anniversary!

Happy Debt-Free Anniversary!

April 4 marked four years that we have been debt free, everything but our mortgage. It took us 6.5 years to pay off 23 accounts consisting of credit cards, car loans, and student loans. After calculating the interest during that time the total amount paid back was 3x...

Student Loan Debt

The headline of a recent article on student loans proclaims, “Student loan borrowers with high debts aren’t making progress repaying them”. File this under, “Thank you, Captain Obvious. What was your first clue??” Student loans are just one of many, many ways we as a...

Crawling Out Of Debt? Check Your Check!

Credit cards. Student loans. Car payments. YUCK! Debt of any kind sucks but especially consumer debt. If you have made the decision to pay it off, to GET OUT, then you may have read some helpful tips already, such as: get a second job (or just work more in general),...