February 19th, 2010
This is part one in a two part series about credit card debt and where we actually stand as a nation when you consider the pure numbers. You have probably heard figures like “The average American carries more than $8,000 in credit card debt on average.” But what does this figure mean, exactly? This is a figure that is frequently ...
February 10th, 2010
I saw this over at How I Save Money who saw it at Budgets Are Sexy who saw it at over at Automatic Finances. I thought it was a pretty cool idea so I figured I’d steal it and do my own post on it.
(1) How do you spend: cash, debit or credit? The majority of my transactions are made
...
February 8th, 2010
If you were to build your personal finances from the ground up, the checking account would be the first “product” you’d pick. If you’ve ever drawn your financial network map, you’ll remember that the checking account is the spoke in your primarily hub-and-spoke layout. Your paycheck is deposited into your checking account, your savings accounts are linked to your checking ...
February 7th, 2010
This guest post from Lizzie is part of a new feature here at Get Rich Slowly. Every Sunday will include a reader story (in the new “reader stories” category). Some will be general “how I did X” stories, and others will be examples of how a GRS reader achieved financial success.
Confession time: I read Get Rich Slowly on a daily ...
February 5th, 2010
3 Comments
I’m going to assume that we’ve all been slapped with an overdraft fee at some point in our lives. We’re not perfect, and banks are extremely sneaky at finding ways to help us overdraft our bank accounts. Here’s some information about overdraft fees and why you shouldn’t use overdraft protection services.
Overdraft Fees
Overdraft protection was designed to be a customer friendly ...
February 4th, 2010
Mary writes in:
My husband and I have been debt free for seven years. Hooray! We cancelled all of our credit cards in 2001 and paid off our home mortgage in 2002.
A few weeks ago, our homeowners insurance premium went up substantially. I called our agent to ask why and he told me that our premium was automatically ...
February 3rd, 2010
iPhones are often criticized as expensive and ostentatious. Why buy a smart phone when you can make calls from a $10 pay as you go phone? It may seem like a waste of money, but used properly an iPhone can be a powerful tool in your personal finance arsenal. Here is just a small sampling of the best personal finance applications ...
January 21st, 2010
This is part of an ongoing series about how to trim the budget of the average American. As this series focuses on such broad-based tips, some will work for you and some will not. You’re invited to mention in the comments the tips that you found to be the most useful for inclusion in a comprehensive budget trimming ...
January 17th, 2010
Reputation is a measure that all of us have. It is the assumption that others have about you and your honesty, punctuality, value of your word, what your values are, and so on. These are habits that everyone has, and these habits apply to the way you handle your money.
Your personal reputation is what your friends and acquaintances utilize; your ...
January 17th, 2010
21 Comments
When it comes to money, setting New Year’s resolutions for yourself is easy, but committing to and following through with those resolutions is a completely different story. This is why it is important to set realistic and achievable financial goals for yourself. There is hardly a quicker way to shove those New Year’s resolutions aside than to realize ...