People often wonder whether they should build an emergency fund first or pay off debt. To my way of thinking, everyone needs an emergency fund, so the answer is pretty simple at first glance: you should build a small emergency fund. But, there are some other details to consider. Let’s start by talking briefly about the different levels of both emergency funds and debts. (more…)

It’s interesting how different people can look at the same situation and come away with completely different perspectives. Take a look at (more…)

I recently had the chance to interview John Ulzheimer about some of the insights his experiences with the credit industry have given him relating to folk’s behavior when it comes to credit and debt. (more…)

Yes, I’ve got a new blog. No, MoneyCrush isn’t going anywhere.

But if you’re working on getting out of debt, you may want to check out the posts so far on the Debt Myth. (more…)

Yesterday I challenged the common assumption that it’s impossible to make large purchases without borrowing money. (more…)

In The “Good Debt” Lie, I pointed out that ALL debt is risky. Labeling debt as “good” or “bad” makes it dangerously easy to eliminate thought from the equation when deciding whether or not to take on debt. (more…)