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 […]

by Andrea Hermitt I did an interview this morning on Living without credit cards. It was on The Take Away, an early morning National Radio Show. Myself, a man in Los Angeles, and a financial expert Beth Kobliner were interviewed on life without credit cards and how we cope with them. During the radio interview […]

Pat yourself on the back. Government data show that in the face of the financial crisis, we have reduced our debt, cut our spending and, by one measure, boosted personal savings to the highest level this decade. So now that you’re back on track, how are you going to make the most of your hard-won […]