Financial Elite is defined as the wealthiest members of society. The purpose of this blog is discuss and examine how one fits this description. We will look at the economy, the stock market, and finances while giving money saving and making tips.
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In Step #2 we discussed the difference between good and bad debt. Back when I was in debt $60,000 I thought all debt was bad. I just didn't want to see another credit card bill ever again. But there is actually good debt such as a mortgage for a home...
Something we have anticipated for a while has happened as the House passed a bill Wednesday to move up the effective date for credit card reform from Feb 22, 2010 to December 1, 2009. Just as credit card companies were beginning to sock it to consumers...
After we just talked about the turmoil of deciding to file bankruptcy or not CNNMoney.com reports personal bankruptcies are up 9%.
Number of Americans filing for bankruptcy continues to climb and the total number of bankruptcies is expected to hit the...
I had kept my massive debt load a secret for years. I knew it was wrong and I was embarassed to let anyone know. It wasn't until I was getting divorced that I began share my secret. While confiding my debt to a close friend of mine I learned I was not...
More and more people are beginning to use their debit cards more than their credit cards. With credit card companies socking it to consumers at the last minute before the new CARD Act goes into action in February 2010. I read a recent article today on...
