We know the old adage: never go into debt for depreciating assets. For a long time, the conventional wisdom has been that bad debt are things like credit cards, appliances, and things that lose their value quickly. At the same time, many people regard two types of debt as “good debt”. These are mortgage debt […]

Dr. Mark Rogovin doesn’t need to check in with CNN to know the tanking economy is taking a toll on the public. The waiting room of his Boynton Beach family practice is evidence of it. “They’re tired despite a full night of sleep, they have rashes with no clear cause,” Dr. Rogovin reports, “they’re not […]

More holiday shoppers this year are using cash or debit cards to avoid overspending with credit cards. But what about the rest of the year? Is it possible in a credit-dependent society to get by without plastic? “Credit cards are not necessary,” says Ed Fredericks, a finance professor at Pepperdine University. “Originally, credit was seen […]