Needs or Wants

My disappearance

admin — Fri, 26 Sep 2008 15:28:49 +0000

Well, it has been nearly two months since my last post and I wanted to explain my disappearance. I started with good intentions, to have some way to express my personal opinions and feelings, which are summarized here. After writing a few posts and being really excited as to what I had started, life happened. I’m [...]

Ten Tips on Tackling Debt

admin — Thu, 31 Jul 2008 07:55:55 +0000

When it comes to helpful ideas for reducing debt, let’s start off simple: 1) Never make the minimum payment. Always pay more. Paying only the minimum is probably 2-3% of your current balance, depending on the policy of the bank or creditor in question. A higher minimum payment is a good thing, but never make their minimum, [...]

NY Governor Talks About Financial Crisis

admin — Wed, 30 Jul 2008 11:03:21 +0000

The New York Times has an article covering Governor David Patterson’s live televised address to New Yorkers last night concerning a financial crisis that is afflicting New York. Points of interest from the article: The Governor called on citizens to “cut up our credit cards”. Taxes collected on the 16 largest banks of New York fell an amazing [...]

The Best Credit Card Ever!

admin — Tue, 29 Jul 2008 17:41:36 +0000

I know, it sounds like a typical marketing ad, tricking customers into debt … but I do think I’ve found the best credit card for people. You’ll find however that my credit card offer is a bit deceiving as well. If you use credit cards, haven’t you ever dreamed of being in the position of the [...]

Worried Banks

admin — Mon, 28 Jul 2008 20:48:22 +0000

The New York Times featured an interesting but alarming article today titled “Worried Banks Sharply Reduce Loans”. The writer talks about how the current housing crisis has caused banks to shift gears and act overly cautious about lending in many different markets, even to those who are typically considered low risk. This is something that I [...]