Tag Archive: borrow

The Modern Rules Of Family Finance

  How to avoid filing bankruptcy? We should revert to the old rules of family finance, even guru Suzie Orman agrees. Remember, those Depression era folks?  Some are still around, like my in-laws. They considered it damn near a sin to borrow money. Pay interest?  No way. Never had a credit card or a car…

Personal Finances Then And Now

Are you better off than you were a year ago? Record numbers of Americans are not.  Rasmussen Reports, the top polling agency, says 32% of us owe more than last year. Not coincidentally, confidence in banks is at an all time low. And the government doesn’t poll so well either. With unemployment staying high, home…

The Truth About Student Loans

American youth has been sold a bill of goods, get that college education, you will make more money, it will pay off in the long term, buy now, pay later, get student loans! Lenders even market to unemployed people, borrow our student loan, get that degree that leads to employment! Yet, more college graduates are…

Christ’s Message For Family Finances

Render unto God that which is God’s, and unto Caesar that which is Caesar’s. So said Jesus when the elite of the time tried to trip him up with a question about a Roman coin. I cannot find anything in the New Testament that says God will give us every material good we desire. Some…

National Enquirer To File Bankruptcy?

CBS news website says the parent company of the National Enquirer, among other publications, will file Chapter 11 Bankruptcy. How did that happen? The Associated Press story, (which also has the photo I used right here) says too much debt from borrowing when times were good. Why do people and businesses do that? Sometimes it…

Student Loans And The Big Picture

“To get a good job, you need a good education.” That has been a theme for decades. Well, just how many good jobs are out there, compared to how many college students? Unemployment predicted to be higher than normal for:  8 more years. That is the consensus unemployment forecast of economists surveyed by the Associated…