I’ve Got a CD Maturing. How Can I Use the Money to Reduce My Debt? – Amy

Amy “Dear Steve, I have always had good credit – not excellent, but been able to make payments. I am starting to believe that I have made some pretty poor financial decisions. I have paid all of my debts on time, but primarily only paying the minimum payment. I have numerous credit cards and three … Read more

Sally Writes In And Says “If The Bank Fails My Mother Will Lose $100,000”

“Dear Steve, My Mother has a CD worth $200,000.00 at our local bank. What should we do since the amount wouldn’t be insured if something were to happen? They automatically re-upped the account saying Mother didn’t respond to a letter they sent. She’s 88 yrs old and doesn’t remember receiving any such letter. She has … Read more