One of the most important financial lessons that you can learn is that debt is prison. Indeed, when you are paying interest on your debt, that money is going straight into someone else’s bank account — and you receive nothing in return. Plus, paying that interest makes it harder to pay down the principal and […]

Let’s start by summarizing the mayhem that we’ve seen over the last few weeks: 1. Republicans and Democrats in Congress put their own political futures ahead of the best interests of the country (once again) before finally agreeing on an incomplete deal to raise the debt ceiling and cut spending. 2. The stock market dropped […]

Identity theft can happen quickly but the damage that is left for the victim to clean up is rarely dealt with as fast. Identity theft can happen in a variety of ways with thieves looking to steal debit and credit card information and Social Security numbers. With this information thieves can ruin excellent credit scores, […]