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Money Struggles

Dave Ramsey on Fox Business channel seems to be the best I have seen in basic financial advice for working families and individuals.  He is not at all condescending or glib, and gives good sound advice for strategizing how to get out of tough spots.  His book is called Total Money Makeover, and the website is www.TotalMoneyMakeover.com.  He also has a website www.DaveRamsey.com.  His big goal is that people live debt-free.  His TV show is comprised of people phoning in, giving their situational details, and then him giving them step-by-step advice on what he would do in that situation.

Category: Financial Struggles · Money

Student Debt

As a business professor, it has been very disconcerting to see students end college with a mountain of debt. Sure, we hear a great deal about the rise in tuition for college education, and the student loan debt-load that graduates end school with. But we hear little about the other debt. For the most part, my interaction with students suggest they enjoy good lives, and seem to serve their needs very well (or somewhat well, depending on the student) for entertainment, clothing, and various other instant gratifiers—and much of this is paid for by credit cards. [Read more →]

Category: Financial Struggles · Getting Started · Money

Downturn Gives Rise To New Consumer Beliefs

by Sarah Mahoney, Tuesday, Aug 19, 2008 5:00 AM ET, Marketing Daily 8.19.08

While it’s certainly not news that high prices and economic fears are causing consumers to cut back, a new study from Cramer-Krasselt finds that behaviors are shifting in ways few marketers may have expected. [Read more →]

Category: Financial Struggles · Money

Money Thoughts

Recently, I have been watching Dave Ramsey on the Fox Business channel. In the program, people call in with their issues, and he gives them a roadmap to get out of debt and achieve their goals. He is simple and straight forward, and is not condescending. He also offers a book and workbooks that might be very useful. [Read more →]

Category: Financial Struggles · Getting Started · Money · Saving & Investing

The Great Seduction

Recent reading suggests that frugality is the “new cool,” in my own words. Upscale resale shops are thriving, buying low-mileage cars instead of new cars is ‘hot,’ buying hybrids to save on gas is the new vogue. . . .

Read the article and talk about your thoughts on the Forum/Community!

Outgoing link: New York Times, Op-Ed, The Great Seduction

Category: Financial Struggles · Money