Monthly Archives: October 2010

Step 1 – Find out where you stand

In my ten-step process for getting out of debt, the most overlooked step is always the first one. Many people want to jump over Step #1, thinking that they already realize they need to do something, so why wait? Why … Continue reading

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Know Your Credit Score!

For many of us, the calculation of our credit score is very much like that scene from the Wizard of Oz: “Pay no attention to that man behind the curtain!” We know that there are some mysterious calculations and formulas, … Continue reading

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When NOT to use your credit card

Credit cards are an important convenience that makes it possible for us to have the security of knowing we have funds available when and if we need them. If you have ever had your car break down on a trip, … Continue reading

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Think Before You Borrow!

After teaching a recent seminar on debt reduction strategies, I was approached by a college student who, several years ago, had taken advantage of a pre-approved credit card mailing to sign up for a $20,000 credit limit MasterCard.  When I … Continue reading

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