Lots of folks confuse bad management with destiny.— Kin Hubbard Joan and Robin were sisters who lived similar lives. When their parents passed away, each sister inherited $200,000. However, ten years later, Joan asked Robin for financial help. So, what went wrong? Joan spent most of her inheritance quickly. First, she gave $50,000 to her […]

$88 million cut in housing counseling has consumer advocates concerned Federal Housing Counseling Funding Cut On April 25, 2011, MarketWatch.com reported major cuts to federal housing counseling funds. The government reduced millions of dollars from programs that support housing counseling services. These funds paid for HUD-approved counselors across the country. These counselors help first-time homebuyers, […]

What the CARD Act Reveals About Credit Card Debt Because of the CARD Act, credit card statements now show how long it takes to pay off a balance by making only the minimum payment. They also show how much interest you will pay over time. Many consumers think this information is a mistake. After all, […]