From everything I’ve read, there are two general strategies for paying off debt.

1. pay off the credit cards with the lowest balance first
2. pay off the credit cards with the highest interest rate first

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As mentioned in a previous post, I’m drastically trying to eliminate my credit card debt. I’m about half way to my goal, and plan to have all credit cards paid off in about 6 months. Here are some tips I’ve been using: (Keep reading →)

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The best thing about running a small business is that you aren’t limited to receiving a certain amount of income each month. You can have a phenomenally successful month if you get even one more new account, a repeat business deal, or find a new income stream. The downside is that some months can be slow. (Keep reading →)

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There are a lot of strategies for reducing debt. My goal, which I hope to achieve in the next 6 months, is to have paid off all my credit card outstanding balances. Once that is paid off, I will start working on paying off my small mortgage of undergrad and grad student loans. (Keep reading →)

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Did you know that credit cards can randomly change your plan because their marketing department decides you’re a good candidate for their new card?

Well, apparently, it’s true. I went online Friday to make an online payment to my account and received an error message saying I’d have to call a number. So I called, hoping that it was just a technical glitch… (Keep reading →)

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After reading how tearing up credit card applications is not enough, I was motivated to go buy a cross-cut paper shredder. (Cross cut means the paper ends up as confetti rather than strips.) So today I headed into Staples to find my new machine. (Keep reading →)

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To counterbalance my last post on audits, here are CNN Money’s top 5 missed tax deductions. (Keep reading →)

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I’m not speaking from personal experience here, but a nifty article over at the Motley Fool reminds us that the IRS has been cracking down on delinquents.

Here are their top 5 audit myths or ‘I won’t get audited because (insert common audit myth here).’ (Keep reading →)

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As a small business owner, I’ve been mulling over retirement options for the last year or two. Until last week, I was simply gathering information and trying to figure out just what options would be best. (Keep reading →)

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According to Reuters, Fidelity will sponsor a financial services store on Amazon.

That apparently means they’ll be offering their 380+ funds and other financial services to Amazon customers - and in particular, those lucrative baby boomers headed for retirement. (Keep reading →)

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