Hope for your financial life and beyond

Talking Ourselves Into Trouble: “Ain’t Nobody Got Time For That”

January 22, 2013 by 16 Comments

Fast PorscheOur culture moves at breakneck speed. News happens fast, food is served fast, and medicines to deal with our bronchitis act fast. Technology may move the fastest of all. It seems as though new devices are released everyday. And just when you think you have caught up, you are already behind.

The pace of life and the urge to keep up creates tension with our finances. We develop faulty thinking and succumb to spending money we don’t have. Poor logic and impulsive decisions often get us into financial trouble that can take years to work through.

Truth is, there are mechanisms we could use to prevent us from getting into financial trouble but we talk ourselves out of using them. Ever had any of these thoughts run through your mind?

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Filed Under: Vices Tagged With: ,

3 Reasons Credit Cards Didn’t Work For Me

December 18, 2012 by 4 Comments

Credit Card TrapTo use credit cards or not? That is the question.

Like most of you, I have placed a good many credit cards in my wallet through the years. I believed what every American hears – that using credit is convenient, it’s safer than carrying cash or debit cards, and there is protection on large purchases. I also figured I needed one for emergencies, and of course to improve my credit score for those all-important car and home loans.

Good people come down on both sides of this question and the purpose of this writing is not to discuss the pros and cons of each position. Rather, I would like to share with you why, after years of using credit cards for EVERY purchase, I just finally decided it wasn’t for me. I just couldn’t get past these three issues in my life.

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Filed Under: Debt Tagged With: , , ,