fbpx

True Cradle Robbers – Stealing Credit From The CradleKids

It’s often not a parent’s first thought to check the credit report of their minor child, however, it may now become a necessity. Not because a child may fraudulently be using credit without their parents’ knowledge but because scammers may have stolen their unused Social Security number and identity. The Better Business Bureau (BBB) put … Read more

How to Delegate Financial Success

Today I am going to be talking about delegation and how to delegate for success. When I first joined the National Guard, through Basic Training and through all my National Guard career, I was always delegated to, meaning that I was the private who was tasked with cleaning the latrines, otherwise known as the bathrooms, … Read more

Financial Literacy For Kids: How To Really Teach Kids How To Manage Money

When I was 8 years old my dad took me into Citibank to open my very first savings account. He said it would teach me the value of a dollar and the importance of saving. I don’t remember how much I started my account with and if I deposited on a regular basis but I … Read more

Financial Literacy is Not a Vaccine, nor is it a Solution. It is an Excuse.

One of my Twitter buddies, Thomas Fox (@thomasjfox) sent a tweet about an article titled “Financial Ignorance is Not Bliss.” When Americans were questioned by the National Foundation for Credit Counseling, more than 41 percent of adults gave themselves a grade of C, D or F when it came to their understanding of financial literacy. … Read more

Five Steps to Pocket Change: How to Persist When Your Finances Get the Best of You

The following guest post was contributed by Heidi Beckman. Heidi is a clinical psychologist and proponent of using the science of personal change to improve financial habits. She has been reading and interpreting research on motivation, persistence, and self-control for the past ten years. She works in a medical setting and loves to help patients … Read more

Financial Literacy Not a Band-Aid to Change All Factors for Smart Money Management

The Centre for Corporate Law and Securities Regulation in conjunction with The University of Melbourne released a Research Report in March 2011 about Financial Literacy and “What Causes Suboptimal Financial Behaviour? An Exploration of Financial, Social Influences and Behavioural Economics”. This following article will showcase their report and findings. All quotes and data used are … Read more

Debt Free! And You Can Be Too

When Amanda and her husband gave birth to their third child her paycheck was greatly reduced during maternity leave. After an increase in interest and payments on their credit cards, they could no longer afford their minimum monthly payments owed. At one point in time there was no problem paying these dues but they soon … Read more

Building Your Financial Future: Advice For 20-Somethings

A lot of people always say that sometimes no credit is just as bad as poor credit. And I’d like to attest, this is correct. I, Amanda Miller, am in my 20s. Which means, you guessed it, I am the poorest I will ever be again (knock on wood). When I was in my teens … Read more

Congress Holds Hearing on Financial Literacy

The Honorable Dennis McKinney, Treasurer, State of Kansas U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations Representative Moore, Chairman August 24, 2010 Testimony by Kansas State Treasurer Dennis McKinney Good morning Chairman. As Kansas State Treasurer, I believe financial literacy is a national priority. As a result, my office provides … Read more

Nine Essential Steps to Successfully Manage Your Money

Only the rich need to worry about having people manage their money, right? Wrong! With a handful of credit cards, checking, savings and retirement accounts and lots of different bills to pay we all need money managers. The difference is if we aren’t wealthy, the money management responsibility usually falls on our own shoulders, rather … Read more

Seven Ways to Stick It to Your Creditors

Many of the people I talk to feel their creditors have taken advantage of them. Most of that belief is a misperception. The vast majority of creditors follow the rules and abide by the agreements they sent you when you applied for credit. However, people are still plenty upset with their creditors and want to … Read more

The 20 Greatest Myths About Credit and Debt

MYTH #1 My financial condition is so bad that my situation is hopeless. REALITY Although you may not be able to find the perfect solution, you probably have some choices about how to best resolve your situation. Open your mind and be realistic about your options. MYTH #2 If I don’t use credit, I’ll never … Read more

5 Easy Ways to Get Out of Debt!

“We can’t seem to make our payments on time each month. We are always running late.” “I want something better for my family.” “We deserve to be happy but, with all of these debts, I can’t see any light at the end of the tunnel.” “I wish my creditors would just leave me alone. I’ll … Read more

Even Rich Kids Need to Learn How to Handle Money in a Bad Economy

In uncertain economic times, money troubles and worries are not limited to middle class incomes and lower, even the high flying richy rich families and parents are worried about how to pass on good messages and education about making ends meet. But the rich and the not-so-rich do have something in common this summer: worrying … Read more

Debit Cards Less Safe Than Credit Cards & Please Use Your Credit Card Online

Over the years I have been droning on and on about the differences between a debit card and a credit card regarding safety and why people need to be more afraid of using their card in a restaurant than online. Where does the waiter go with your card when you hand it to them? Debit … Read more