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debt to others: A Different Kind Of Credit Card Fraud - Credit Card Issuers... - 08/09/08 03:12 PM
August 9th, 2008
Here's a story that should make you madder than h... and wake you up to the reality that is the credit card business.
A businessperson applied for and received an Advanta credit card with a low permanent rate of 7.99% - not an introductory rate, a low permanent rate.
The card was used to pay all of the businesses expenses and was paid in full periodically as cash flow allowed; ususally each month or so. All payments were made on time and the credit limit was never exceeded. There were no cash advances taken and the "courtesy checks" … (0 comments)
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debt to others: Geopolitics And Your Pocketbook - Why You Need Cash Money NOW - 07/06/08 04:26 PM
July 6th, 2008
"Go ahead, make my day." Sudden Impact, 1983
It's the 4th of July weekend and I'm getting pretty darn mad at the 535 Cowards in Congress. We Americans are willing to follow leaders who look out for us and the country but are tired to the bone of the Dolts in DC who spend most of their time and much of our money trying to damage the opposition and get themselves re-elected.
Gas prices are going through the roof. Food from afar - and every other item that arrives in a truck, plane, train, or automobile - is … (0 comments)
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debt to others: Saving Money Is In America’s DNA… - 05/05/08 04:02 PM
"You talking to me?" Taxi Driver, 1976
Yes. Even if you haven't a penny in the bank, I'm talking to you.
Pat was divorced early in life. He never fully recovered from the trauma and never remarried. Over the next 24 years, however, he became quite a successful salesman for an industrial supply company. He took what he considered to be good advice and maxed out his 401(k), contributed to an IRA when possible and bought into the companies stock purchase plan; he amassed quite a corral of assets. Pat chose not to create a "bank" of money aside from that.
Then reality struck.
Pat had remained close to … (0 comments)
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debt to others: Clarity About Money - Revisited... - 04/12/08 08:50 AM
April 11th, 2008
"You know how to whistle, don't you, Steve? You just put your lips together and blow." To Have and Have Not, 1944
Yesterday I talked about Jerry's widow, Flo. I described how her daughter Mary Jane and her son in law Vern failed her and left her in a state of near poverty. The blog got a couple of questions that warrant a follow-up.
The first question was, "What would a Money for Life Guide have done for Flo?" Knowing how to deal with money and knowing how to whistle do not come naturally and Flo wouldn't have a great deal of time to learn.
Jerry died … (2 comments)
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Jeffrey Reeves
Denver,
CO
More about me…
EUREKONOMICS[tm]
Address: 1270 Jasmine Street, Denver, CO, 80220
Office Phone: (303) 355-0550
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