Posts tagged as:

debt

Inside Greece's Economic Problems, and Why It Matters to Us

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Over the last 3 or 4 months, several news analysts have described the debt and deficit problems of Greece. Many of these same analysts decided to compare Greek debts and deficits to the United States. They cited data on Greece that shows a high and rising ratio of debt-to-Gross Domestic Product that increases the risk [...]

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Consumer Debt is Down, But What's the Real Cause?

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The latest figures from the Federal Reserve show that U.S. consumer debt fell by $11.5 billion (5.6%) in February, with revolving credit down $9.4 billion — the third largest drop during the past 32 years, according to MarketWatch. This sounds like good news, right? People are paying down their debts and not relying on their [...]

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What's More Important: An Emergency Fund or Being Debt Free?

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Having an emergency fund is one of the most important steps to financial freedom, but if you listen to some personal finance pundits, it's not as important as being debt free. (Dave Ramsey, I'm looking at you.) When you're financially free, you're out of debt and have a 3-6 month emergency fund, but when you're [...]

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Ask the Readers: When is it Right to Get a Loan?

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Taking on debt is a hotly debated topic in the personal finance world. Most people feel — including myself — feel that you should take on as little debt as possible during your life, but there are certain times when it is appropriate. There are others who feel that at no time should you ever [...]

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Ask the Readers: What Debts are You Currently Paying Off?

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If you're not one of the people focusing on paying off debt in the wake of the recession, it's time for you to join the bandwagon. Everyone — from those with only credit card bills to those with tons of debt — is starting to get their financial act together. So, I want to know [...]

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Weekend Linkage: Suze Orman, Clutter and Debt Collectors

As we got closer and closer to the end of the year, you'll start to see (and make) resolutions about 2010. Maybe you're going to finally quit smoking, or start getting out of debt, or spend less (or more) time watching TV. Whatever your resolution, remember that it's up to you to get going and [...]

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Weekend Linkage: Good Debt, True Costs and Psychology

Is there such a thing as good debt? If you ask someone like Dave Ramsey, debt is always bad. The Mint Blog, on the other hand, examines the possibility of good debt, such as affordable housing, education and a car to get to work. Bottom line: The best kind of debt is debt you can [...]

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