You’ll learn about the power and pitfalls of credit, which is essentially using someone else’s money temporarily (for a price).
An old phrase has always made me stop and ponder: “debt is a tool.” Just like a saw or a hammer, the phrase suggests, debt can hurt or help. Some businesspeople swear by debt – “leverage,” they call it. In … → read more
This week, President Biden made it official: the United States would forgive up to $20,000 in student loans per borrower. The applications opened, the borrowers rejoiced, and the concept of debt got…murkier. Regardless of how you feel about the government’s … → read more
Almost every credit card approval letter begins the same way: “Congratulations!” From the misleading greeting, you’d think the $5,000, $10,000, or $20,000 credit limit just approved was nothing but a gift. Instead, the greeting should read: “Warning!” After all, a … → read more
We bust the myths surrounding credit and debt. Learn all about credit scores, loans, and that pesky plastic. Credit can be a tool, but it can also get you into a world of hurt! Know your facts and your financial … → read more
The following is a special post from our brand new parent blog, The Money Talk. Consider this a sneak peek, then bookmark www.bkmoneytalk.com to read all of the parent-minded posts moving forward! Assumptions are a tricky thing. After all, much … → read more
How many times have your parents said, “watching TV isn’t going to make you rich.” Well, hopefully our show is doing something to change that. But that’s beside the point of today’s story. This is the story of someone discovering … → read more
Guest post by David Bakke. David Bakke lives in Atlanta, Georgia with his young son. In addition to running a reselling business online, David writes about making smart personal finance decisions on Money Crashers. Once you have decided on a credit … → read more
Guest post by David Bakke. David Bakke lives in Atlanta, Georgia with his young son. In addition to running a reselling business online, David writes about making smart personal finance decisions on Money Crashers. It is debatable as to whether … → read more
What’s the difference between cash and credit? Learn the pros and cons to using your own money versus someone else’s.
What is the difference between cash and credit? Cash is money that you can hold in your hand, or have in your account. You can feel it, see it, and spend or save it. Credit is money loaned to you … → read more
