Guest Post
Author: Susan Low
Can there even be such a thing as good debt? *gasp*

I say yes. And many various financial gurus say yes too. But before we get into that, let’s cover off some assumptions of what credit means and what money is about.
Economists will tell you that money is stored labor. It’s work you [...]

If you want to get out of debt the formula is incredibly simple: spend less than you make. Do it long enough and you will increase your net worth. Of course, the application of the formula is often the hard part.
Not all of us can increase the income side of the formula, but we [...]

Expressed as a percentage of income being dedicated strictly to interest repayment, household debt is now at it’s highest point ever, according to a recent story by Marketwatch.
Here’s a quote:

Not since the late 1980s has household interest declined as a share of income. That was a period of record job creation and income growth. We [...]

Ok, to be honest I don’t exactly know what the most expensive smell in the world is, but one that must rank pretty high is new car smell. You may be familiar with it, the smell of a car fresh on the dealer lot, never driven except to get it on and off the truck. [...]

Today is the official “launch” of The Wealthy Blogger. I’ve never been sure how you “launch” a blog (except by saying that you’ve launched it). So, here I am. Saying we’ve launched this.
The Wealthy Blogger is effectively a personal money management blog from two guys who have a lot to say, but not a lot [...]

I personally consider Credit Card companies to be as evil as banks, and maybe even a little more evil. One example is that I applied once for a credit card, only to be turned down. I applied to the same company a short while later since they offered a free t-shirt for applying (boy was [...]

The recent overnight collapse of Canadian discount air carrier Jetsgo just goes to show that some people don’t learn their lessons. Everyone’s talking about the collapse.
The irony is that in spite of obviously knowing they had issues, Jetsgo continued to hire, advertise and buy new jets. All on credit. The collapse left nearly 20,000 people [...]

When I was in school our accounting and finance teacher had one lesson he wanted all students to take away from his class: Banks Are Evil. How right he was.
While I won’t be getting into a full rant on banks today, let me give you one example:

Just before getting paid this month my life insurance [...]

For a while now I’ve been wanting to get a tighter reign on my finances by better tracking my expenses. I had an old version of Quicken from several years ago but I figured it would be a good idea to get into something more recent. So I headed to my local software shop to [...]

The reason I don’t watch Dr. Phil is that I keep expecting to hear stuff like that whenever I catch a few minutes of it, but a couple of days ago my wife said I should sit and watch with her because the show would be on common financial mistakes couples make. So sure, I’ll [...]