Archive for March, 2009

How to prioritize your bills when you’re going broke – My Experience

I’ve always been pretty good with numbers, especially ones with dollar signs in front of them. But I read lots of horror stories of consumers who fall into debt problems and end up keeping their cell phones and Dish Network accounts current, at the same time they end up with their homes in foreclosure.
So let’s [...]

How to find and get credit / debt counseling – My Experience

Via my Credit Repair for Dummies book, I learned about the option of credit and debt counseling, a service which can play arbiter between you and your creditors to negotiate interest rates and payments.
The creditors – your credit card companies, loan providers, etc. – want to get money out of you. It’s certainly not in [...]

Going Broke – My Story

The media says we’re going through some of the worst economic times since the Great Depression. Many people are losing their jobs, losing their retirement investments, and depleting their savings as they try to wait out the storm.
I’m afraid the storm has caught me, and I am in the process of [...]

My name is James. And I’m going broke.

Judging from the never-ending negative news coming out of Wall Street, I’d bet I’m not the only one. Which is why I’m here, writing to you guys. I’ve been financially secure for my entire life, and if I can go flat broke, I expect many others are facing the same situation.
My [...]