All Entries in the "Personal Finance" Category
The Key to Successful Money Management
Since arriving in Pennsylvania I’ve been staying at my friend Tom’s house. His house is absolutely gorgeous, a showcase of good taste and money well spent. Tom is only a few months younger than me, and each staged room of his home reflects back to me my own monetary stupidity and foolhardiness.
He started with [...]
Facts vs. Belief–Arguing over Wealth and Retirement in America
Earlier this week at Robbie’s coffee shop I got into an argument with a state trooper named Will about wealth and retirement. That’s what we do at the coffee shop: argue. Politics, religion, health care, gun control, you name it. Many intelligent, educated, opinionated people hang out at Robbie’s. It’s a great place for stimulating [...]
Get Out of Debt Now by Any Means
This post is in response to a question I received from Sarah in a comment. She asked:
I dont understand why you let yourself slide into this position. Why? bankruptcy.losing your house,credit,credibility,and business and reduced to the kindness of strangers and all that. kinda like all those harvard grads in the banking industry whom have just [...]
Chase Bank Threatens Me with Severe Repercussions
Jamie has called and left several messages for me to call back, so I returned his call on Thursday. He’s with Chase Bank that holds my second mortgage. He’s concerned that I’m behind on my house payments, and he wants to see what he can do to help me get caught up.
I explained to Jamie [...]
Worry and Fear Over Debt Can Kill You
I’m came across an article today about a couple that killed themselves and their four golden retrievers:
“It is believed that the Donacas committed suicide after attempts to save their home following a foreclosure notice left them believing they had few options,” the Crook County Sheriff’s Office said in a report.
Before I decided to file for [...]
How Dare I Ruin the Economy!
I decided to do some more research on the money issue that I’ve been writing about. I’d like to better understand inflation and how our nation got so grossly into debt. So I ordered and have started reading The Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free. [...]
Bank Offers No Help in Reducing Debt
Last summer my business cash flow began dropping as my wholesale book suppliers increasingly competed against me, undercutting my prices. The wholesalers were also raising prices while cherry-picking inventory, and it became more difficult to find good inventory with a decent profit margin.
Amazon continued to erode the profit margin for used books by increasing [...]
Bankruptcy Attorney #3: Stop Reading
I was still very confused about bankruptcy and how to handle my business, so I looked up another firm in the Yellow Pages, which had a web site. Their web site assured me that they wanted to talk to me, so I should call for a free consultation.
The man I spoke with, Bill, was intelligent, [...]
Bankruptcy Attorney #2: This Is Very Complicated
When the bankruptcy laws were revamped in 2005 to make it more difficult for people to file chapter 7 (liquidation) bankruptcy, many attorneys had to find work elsewhere. The second attorney I visited was struggling to keep his business afloat.
Now when I had looked at his picture in the Yellow Pages I thought he looked, [...]
Bankruptcy Attorney #1: Don’t Ask Questions
When I decided to consider bankruptcy as an alternative, I looked in the yellow pages for an attorney who handled both business and personal bankruptcy. My business was failing and once that was finished, I was out of a job. I would no longer be able to afford my home or service my debt. There [...]
Paula, (posting as Daniel, Emily, Marjorie, Mary and Amy) please don't spam my blog.
Frances, so glad you liked it! ... 
Let's team up to write the equivalent of Nancy Drew in 2009 - mystery, sex and adventure for a targeted ... 
Oh the poor kitties. How are they doing these days? I'm guessing that they've all healed themselves. How many cats ...