Credit Lines & Credit Bureaus. I am simply amazed by the number of credit card offers and new solicitations that I receive each month. Checks are attached and ready for me to add the payee along with my signature. A lot has been written about personal debt in America and […]
Time Value of Money. I remember the spring of 1980 and the excitement of taking delivery of my very first motorcycle. It was just after the death of my mother, and I had received more than enough in life insurance proceeds to cover the $3,000 cost for a 1979 Suzuki […]
Upside Down. It was the early 1980’s. Ronald Regan was our 40th president of the United States and Americans were experiencing high inflation, interest rates, and unemployment. However by 1983-1984, the misery index was receding due to the improving economy. During this period, I was in my twenties and spent […]
The Consequences of Debt. Anyone possessing basic critical thinking skills would understand that carrying $15,000 in credit card debt over a working career is just, well, insane. But that appears to be about the average credit card debt in America for 2016, according to several different sources. What the average […]
