Why Debt Consolidation May Not Be Right for You

Debt consolidation has become a favorite way to deal with high levels of debt, and this is especially true for credit card debt. The basic concept is simple: roll several high interest credit card debts over into a single, low interest consolidation loan. Generally, the monthly payment on the consolidation loan is substantially lower than […]

Following the Herd in Times of Money Trouble

When everyone else is nervous, are you? Herd Mentality Although we pride ourselves on being individuals and unique thinkers, when trouble looms, the herd mentality often kicks in. This can cause us to do crazy things, especially with our money. Storm on the Horizon? Everyone at work was on edge yesterday as the first winter […]