Archive for March, 2009

Eight Most Common Credit Card Myths

Credit card debt seems to be the gripe of so many.  The recent credit crunch only makes things worse.  Are people doing so many things wrong when it comes to credit cards, then?  If they are, credit card debt myths are partly to blame.  There are so many of them out there, lining up on [...]

The Five Most Common Bankruptcy Misconceptions

In these tough times, it’s hard to be unconcerned about how you or I would fare amidst the economic downturn we’re all in.  The global financial recession has made even long-standing institutions feel the impact that even private individuals need to scrape very hard for a living.  It is also during these tough economic times [...]

The 8 Worst Bankruptcies in History

Throughout history, there have been a number of successful people who have built great fortunes.  Many of these people were able to enjoy their riches, while leaving enough for future generations to enjoy.  There have also been others who have earned vast amounts of money, only to be squandered away, ending in bankruptcy.  Similarly, companies [...]

A skeptical look at Affinity Credit Cards

Credit cards are practical necessities.  Such a tiny piece of plastic can pay for your shopping.  Through affinitiy programs, credit cards now have the added perk of being able to help your favorite organization or even your favorite sports team when you sign up.  The org also gets a percentage of the bank’s profits every [...]

Top 10 Celebrity Bankruptcies You Can Learn From

Celebrities from around the world are often admired for their fame and their fortune.  Let’s face it, practically anyone would love to live in the lap of luxury, with millions to spend on some of the world’s most extravagant and opulent treats.  Whether it’s John Travolta’s Boeing 707 private jet(1), Donald Trump’s high-end real estate [...]