Free Credit Report Repair Guide

If you need a free online tool to evaluate your debt to income ratio check out this site on money central, it give you a step by step to input debts.

Debt evaluation calculator, debt evaluator, debt ratio - MSN Money

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This person rights into Dr. don at Bankrate and ask should they pay off their credit card debt or save for a down payment on the house. They have 8 months rent free. He says save the money for the down and skip paying down the debt.

I am not a financial advisor but I think this is horrible advice. You should pay the credit card debt to nothing and then focus on buying a home. We as American need to learn to stop buying things we can not afford. The Credit Card debt is a symptom of poor budgeting and financial focus.

This Dr. is prescribing the wrong medicine. Get rid of the debt and then move on to the house.

Deciding between debt and down payment

Deciding between debt and down payment

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One store in D.C. no longer will accept Cash as reported at slate.com

“The Snap Café in Washington, D.C., made the news last week when it decided to stop accepting cash. If you want one of their crepes, you’ll have to pay with plastic.”

The article goes on to explain Government entities must accept cash but private business are not obligated by law to accept cash.

So Snap Café is with in their legal rights but I think it’s crazy and is a sign that our country is absolutely addicted to credit. This addiction will have sever negative financial implication on our nations for years to come. In essence we are mortgaging away our future as a nation. Debt will Crush our future.

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Sometimes it’s hard to think about wealth when the debt load is high. Compounding is the tool almost all “rich” people use to keep growing their wealth.

“Compounding,” Albert Einstein said, “is mankind’s greatest invention because it allows for the reliable, systematic accumulation of wealth.”

Getting rich is simpler than you think - MSN Money

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