Rocketing credit score

Monday, June 2nd, 2008

In March of this year, I shared how our credit score plummeted from 748 to 618 last year. This last month, I paid off the three largest balance transfers that we made during our bank bonus, credit card bonus and stoozing spree. We had borrowed between $11,000 to $13,000 from each ...

138th Carnival of Debt Reduction

Monday, May 5th, 2008

Coming to you from the great state of Colorado: it is the 138th Carnival of Debt Reduction. I want to thank Mighty Bargain Hunter for giving me hosting privileges for the week. Now, on with the show - This week's top picks are from Not the Jet Set and Digerati: Not the Jet ...

Land Contract Snag

Sunday, April 20th, 2008

Most of you know that my family and I recently moved several states to the west. Our move took place rather quickly and now we find ourselves as the proud owners of an empty house in Wisconsin and recent signees of a twelve month lease in Colorado. Our finances are ...

Look for the Carnival of P2P Lending here

Wednesday, April 16th, 2008

I will be hosting the next edition of the Carnival of Peer to Peer Lending. The compilation of posts will go up this Friday, April 18th. The Carnival of P2P Lending is run by Lazy Man and Money and you can submit your posts through this form. We are especially ...

Hedging with Lending Club I

Thursday, February 14th, 2008

This post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money from a credit card at 0% interest, depositing the cash in the bank and then profiting from ...

What is $6,992?

Wednesday, February 6th, 2008

The price of this 1998 Volkswagon Jetta? Three times what our energy costs will be this year? The amount of government assistance given to Rose E. Frechette in 2004 and 2005? The price of 50,157 Member's Mark baby diapers from Sam's Club? 28 Nintendo Wii's? (unless you have to buy yours on Ebay) My family's ...

The Best Way to Get Out of Debt In My Humble Opinion

Wednesday, October 17th, 2007

I think most of us understand the basic personal finance platitudes, even though we don't always apply them:  spend less than you make           save for emergencies         make compound interest work in your favor        pay off credit cards every month        comparison shop        Roth and Traditional IRA's are both okay   ...