Cash and carry keeps you out of debt

Here’s an article from Tulsa World.  Many people are moving to use more cash and less credit for purchases during the upcoming holiday season.  That’s a direct outcome from the credit crunch, joblessness and the general economic malaise.  It also reminds me of how depression era folks operate.  My parents grew up during that era and … Continue reading

Banks Canceling Credit Cards Without Notice

Interesting article from the Wall Street Journal. The backlash on this will be more frugality and less credit use.  That’s not a bad thing, but given that the banks have effectively gotten our money with the TARP and the Federal Reserve’s quantitative easing, this is somewhat disturbing.  Cardholders Get Rude Surprise at the Register … Continue reading