As featured in The Wall Street Journal, Money Magazine, and more!

Search: snowball

Weekly Roundup, Redesign Edition

by Flexo

As you may have noticed, we’ve been undertaking a redesign at Consumerism Commentary, with the intent of reducing clutter. Feel free to leave any comments, particularly if there is any features that no longer work for you. Here are a few articles I’ve read from the MoneyBlogNetwork and beyond this past week: Index Funds Plus ... Continue reading this article…

8 comments Read the full article →

Where Did You Come From, Where Did You Go (August 2007)

by Flexo

Thanks to the following blogs or websites (not including RSS readers or search engines) who sent the most visitors to Consumerism Commentary during the month of August. # Consumerist # The Simple Dollar # Get Rich Slowly # pfblogs.org # AllFinancialMatters # Blueprint for Financial Prosperity # MoneyBlogNetwork Home # FiveCentNickel # Free Money Finance ... Continue reading this article…

2 comments Read the full article →

Seven Home Equity Tips, Part 1: Don’t Pay Off Credit Card Debt With Loan

by Flexo

Does it make sense to use a home equity loan to pay off credit card debt? As with anything, the answer is sometimes. While proponents of certain mortgage payoff acceleration loans might disagree, David Bach is offering some good reasons to let your home equity build without the burdens of extra loans or lines of ... Continue reading this article…

6 comments Read the full article →

The Carnivals are Up!

by Flexo

Consumerism Commentary is included in two blog carnivals today. The Carnival of Personal Finance, hosted at Frugal Law Student, includes Another Case of Misleading Statistics, and the Carnival of Debt Reduction, hosted at Finance Psychology, includes Paying Off Debt: 6 Steps to Building a Better Snowball. Here are some of the articles I enjoyed from ... Continue reading this article…

2 comments Read the full article →

Paying Off Debt: 6 Steps to Building a Better Snowball

by Flexo

The “snowball method” for paying off debt isn’t something out of the movie Clerks. It is a way to organize your outstanding debt in such a way that the funds you have available for paying off debt are optimally distributed in the manner that will allow you to pay off that debt quickly and cheaply. ... Continue reading this article…

19 comments Read the full article →

Rule for Building Wealth: Ditch Credit Card Debt

by Flexo

Isn’t it ironic that while I’m in the middle of writing a series about good credit card use vs. bad credit card use, to be concluded later today, I came across the ninth rule for building wealth from Fortune Magazine: ditch credit card debt. Fortune is talking about the Type A credit card user, who ... Continue reading this article…

0 comments Read the full article →

Weekly Blog Round-Up

by Flexo

Here’s what I’ve been reading within the MoneyBlogNetwork and beyond this week. * Free Money Finance admits there are good reasons to use credit cards. * MightyBargainHunter just received his 2005 tax refund. * Blueprint for Financial Prosperity warns student loans should be used for school only. * FiveCentNickel is beginning a series on saving ... Continue reading this article…

0 comments Read the full article →

Money Transferred to Debt

by Flexo

Over the weekend, I decided to use $2,000 of the money I made from freelance web consulting last year to speed up paying off my car loan. Even though my car loan has a lower interest rate (2 percent) than my some of student loans (~4 percent), it’s more important for me to reduce the car loan. ... Continue reading this article…

12 comments Read the full article →
Page 5 of 512345