CNN recently posted an article discussing the downside of credit card rewards. Personally, I have stopped using credit cards until we are out of debt — if we’re not spending on something that allows us to go further into debt, well, it’s a lot harder to go further into debt.
However, I have [...]

For all of you that have attended Dave Ramsey’s Finance Peace University classes, I’m sure that you remember his list of so-called “myths” about debt. Read more for some that made me giggle..

We are current going through Dave Ramsey’s Financial Peace University program. In one of the lessons, Dave says that you are just as protected with a debit card as you are with a credit card. I take issue with this for multiple reasons.

As part of our plan to get out of debt, my wife and I have stopped using credit cards. However, being a modern, internet-savvy consumer, most of my purchases are made online, and some of them are not from the safest sellers in the world. I have had four cases in my many years on [...]