Higher prices and lower home values are contributing to the credit crunch that many Americans are feeling right now. I saw a story this week on ABCNews about a guy who owes $78,000 of debt at least part of which is on unpaid credit card bills. According to the story, he repeatedly accepted new credit card offers he received and continued charging as his credit limit went up.
Read more »Be Grateful Because We Are So Incredibly Fortunate!
You and I are very fortunate right now. We are blessed beyond belief. However, it is easy to lose sight of this in our day-to-day lives. We get busy and focused on the nuisances and anxieties of work, raising families, and traffic. We lose focus on what is really important and stop being grateful. Instead, we start feeling sorry for ourselves and get mildly depressed about the boring routine of …
Read more »Subprime Mortgage Crisis Is Going To Cost Us Money
I saw an article this week on CNN Money with the headline 70% of subprime borrowers aren’t getting help. I do not get this. The whole situation is ridiculous to me. Why should people that took out subprime mortgages expect help? They took out a loan that they can’t afford and the obvious result is now occurring. Apparently, the number of delinquent subprime loans is growing so fast …
Read more »
We will always respect your privacy.
