credit

Why Credit Default Swaps Should Regulated as Insurance

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Congress continues to discuss financial reform, but so far have come up with nothing. Last fall, Senator Dodd of Connecticut introduced long and elaborate legislation to reform America’s financial system, but the law and regulation is essentially the same as it was during the 2008 financial collapse. Lately, though, I keep reading short reviews about […]

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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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How to Prevent Debt Using Financial Automation

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If there’s anything we can learn from this economy, it’s that getting into debt isn’t necessary to live the life we need. But if you’re used to living a life of credit and debt, how can you ensure you won’t get stuck in it again? By automating your finances, you can prevent yourself from getting […]

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How Credit Card Users Are Getting Screwed

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View full size. (via the excellent folks at Visual Economics)

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Freelance Finances: The Holy Trinity

Cartoonist Don Martin once wrote that the root source of the term “Freelance” was both “Lance,” a medieval knight’s weapon, and the French word “Froid” for cold. As in, if you didn’t succeed selling your services and making some money, you’re going to freeze to death outside in the cold. Those of us who’ve struck […]

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Ask the Readers: Debit, Credit or Cash?

How do you spend money? I’ve argued that, when it comes to your spending, you should exclusively use a debit card since it’s essentially the same as cash, it’s convenient, and it’s easily trackable using online banking and other online tools. But there’s a decent argument for responsibly using a credit card to get rewards […]

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