One of the things my fiancé and I are going to do in 2008 is start funding an irregular bills account. I first read about this strategy at Chief Family Officer and I think it’s pretty darn brilliant, especially since my honey and I have a history of charging things like new tires.
So, what […]
Several financial bloggers have published articles on how to manage household finances and how their method of bill paying, checkbook balancing, debt reduction or record keeping is the bees-knees. Some authors claim that if you follow their plans precisely, you can achieve that elusive state of financial nirvana.
I encourage you to go with what works […]
I have a “poor man’s trust” on all of my bank accounts. Not many banks promote this feature because it means processing an extra piece or two of paperwork, but every financial institution I’ve ever worked for (and I’ve worked for two large national financial institutions and two small community banks) have this option available.
POD […]
I recently consolidated over $17,000 of credit card debt at 5.99%. Some of my readers have expressed concern over the fact that the consolidating bank may not have my best interests in mind - they could pull shenanigans such as suddenly increasing my interest rate or charging an obscene balance transfer fee. How can I […]
In my previous post I did an armchair analysis on the psychology of my spending. I blamed everyone from my parents to society for my fiscal irresponsibility - and then received a thought-provoking comment from Becky, a reader coming from a similar background. As a result of circumstances much like mine, Becky is more frugal and […]