November 30th, 2012
Link Roundup: Seven Ways People Make Their Money Troubles Worse
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Seven Ways People Make Their Money Troubles Worse “Psychiatrists say that realizing that you have a problem is the first step towards solving it. Maybe, but in my financial experience, what comes after recognizing the problem is more important.” Five Cent Nickel
Churning Credit Cards for a Fun Profit “Once we became debt-free, we realized that we had become addicted to our new, frugal lifestyle. Having no consumer debt had freed up a lot of cash to save and invest, and we quickly got serious about building wealth. However, having a strict budget made it difficult to do anything spontaneous like see a movie or have a date night. I began to look for a way to supplement our income with some “fun money” without ruining our short- and long-term goals. It was around that time that I got my first credit card sign-up bonus offer in the mail.” Get Rich Slowly
What To Do When You Can’t Pay Your Student Loan Debt “Student loans are becoming a problem for more college graduates — or more particularly the ability to pay them. Higher college tuition and fees has led to larger student loan debts with commensurately higher monthly payments. This can be a heavy burden for a young person trying to make their way into adult life. But it’s a much bigger problem for recent grads who are either unemployed or under-employed. If that’s the situation you find yourself in, there are some options that can help.” Moolanomy
That Prepaid Feeling – Prepaid Cards for Kids “As a parent you will always worry about your child – it’s not something that stops when they have their first day of school, or when they become a teen, and probably gets worse again when they move out. Prepaid cards may be a solution.” Out of Your Rut
3 Dangerous Christmas Shopping Debt Traps and How to Avoid Them “None of us intentionally set out to spend more than we should, but the Christmas season is geared towards spending and giving, which means we can easily fall into the shopping traps. Thankfully, there are strategies you can use to safely avoid them.” PT Money
5 Ways to Spend Less This Holiday Season “Splurge is the word of the season, whether pertaining to eggnog or gifts. The holiday music and displays make it a festive time of year, but it can also be a pretty pricey time if you’re not careful. No need to forgo celebrating all together this year, just follow some of my tips on spending less this month.” SavvySugar
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