Spend less than you earn doesn’t just mean cut back on your spending. It also means striving to earn more income when you can, because the real goal is to maximize the gap between your income and your spending and then use that for a greater purpose (saving for your goals).
When the economy is [...]

Carl writes in:
I am 21 years old and am still in college earning my degree. As of lately I have begun thinking about my future and what I will do with my money. I understand saving is a crucial part of living a successful financial life, but I am confused on how to attack such [...]

Credit card fraud isn’t a new experience for me, I’ve had people steal my credit card number and spend hundreds of dollars on it before.  Cleaning up the mess was a major pain, which is why I groaned when I recently received the letter below from Bank of America’s Global Consumer Fraud Prevention department:

“We have [...]

Yesterday, President Obama rolled out another portion of his economic recovery plan, the eagarly anticipated:  Homeowner Affordability and Stability Plan (also called the Making homes affordable program).
The $75 billion dollar program which runs through June 2012 does two things: 1) Helps more home owners refinance  at new low interest rates 2) Provides incentives to lenders [...]