Type "Why Co-Signing" into Google and you will quickly see the suggested searches start with things like: "Why co-signing is bad" and "Why co-signing is a bad idea" Have you ever co-signed for someone before? Or have you ever had someone co-sign for you? Let's see why it's so bad and what you can do instead of co-signing for a friend or family member... What … [Read more...] about Why You Should Never Co-Sign (And 6 Things to Do Instead)
Archives for August 2014
6 Take-Action Steps to Get Out of Credit Card Debt
Do you know the total credit card debt of the United States population? 793.1 billion dollars. Now you know. And now you have a sick feeling in your stomach. At least, I do. Does that mean credit cards are evil? Nope. It just means people are stupid uneducated. That's the problem. Here's how to fix it... Step 1: Access the Damage Sometimes the first step … [Read more...] about 6 Take-Action Steps to Get Out of Credit Card Debt
The Myth of the Successful Money Manager [infographic]
Do you invest in mutual funds? They are a great way to diversify your money across a spectrum of companies and industries. But what kind of funds should you be investing in? There are actively managed funds and passively managed funds. Which one is better? The bottom line is this: Which type of fund will earn you a greater return on your investment? Let's … [Read more...] about The Myth of the Successful Money Manager [infographic]