Are you a credit junkie? Millions of Americans are, including our favorite relative, Uncle Sam. We usually think of junkies as drug addicts or drug peddlers, but a junkie is any person who derives inordinate pleasure from or who is dependent on something. For many people, that’s buying things with credit. In other words, spending […]

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 […]

A couple of months ago, my former colleague Alice asked me if I had any advice to help make her more disciplined to be better with her finances. I told her that I thought she was a reasonably disciplined person, but that she needed to change her environment to make it more saving and frugal-friendly. […]