Last week the Federal Reserve Bank released new data showing that consumer debt grew in November 2011 by the swiftest rate since November 2001.
Some surprises are nice to have, like receiving a call from someone you haven't heard from in a long time, or a stranger tapping you on the shoulder to inform you that you just dropped something on the floor. However, the surprise of having your credit card rejected? Not so nice.
"What is Cyber Monday?" is a frequently asked question at holiday get-togethers, especially Thanksgiving. Hint: it involves getting a good deal on holiday shopping.
Watching one Black Friday ad after another gets you in the mood to shop since Black Friday traditionally kicks off the Holiday shopping season.
When stores moved from downtown to the suburbs it became easier to make purchases, as the retailers were just around the corner. Now, with the internet, they're next door...literally...in the next room. In a previous post we talked about saving money online. Now we'll give you some tips to keep from spending online altogether.
It's not just at the pump where we're going to fork over more money. Expect to pay more EVERYWHERE!
Last week we talked about being too frugal. Yes, it can happen. Most people, however, have the opposite problem: overspending. There's only two things you can do with your money after you pay your taxes: you either spend it or save it. In 2005 our savings rate was actually negative, which means we spent more than we took home after taxes. That means we went into debt.
