Monthly Archives: January 2010

Should I Sell My House To Get Out of Debt?

Image by Getty Images via Daylife Of course this is not a one word answer.  However, there are some general rules that you can apply here.  First, we have to realize that from 2002-2007, there was A LOT of fictitious value created in the global housing market.  I think most people are well aware of [...]

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Should I Transfer My Credit Card Balance to a Lower Interest Rate Card to Get Out of Debt Faster?

Image by Getty Images via Daylife The short answer to this question is a yes.  But it really has to be explained.  Transferring your credit card to a lower interest rate will help, sure.  But if you don’t quit buying things you don’t need and spending money you don’t already have, this will be a [...]

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Get a Calendar and Get On Track To Becoming Debt Free

Image by ♥ China ♥ guccio via Flickr Today’s post is going to be a little brief.  But don’t mistake that for the effect this little game changer can have on your ability to get out of debt and free up extra time. Wednesday nights at 9PM.  If you were to drop in on me [...]

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Call Your Creditors and Tell Them You ARE Planning To Get Out of Debt

Image via Wikipedia Yea, that’s right, I want you to call your creditors and tell them that you are planning on getting out of debt.  They won’t really care so much about your new found goal of having a debt-free lifestyle but you really do need to contact them. Most people make the mistake of [...]

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Stock Market News and Numbers

1.    BACK TO WHERE IT WAS – The S&P 500 hit a 15 ½ month closing high on Tuesday 1/19/10.  The stock index closed at 1150 on that day, the highest close for the S&P 500 since 10/01/08 when it closed at 1161.  The S&P 500 is an unmanaged index of 500 widely held stocks [...]

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