There was an article in the NY times about General Motors buying a sub-prime lender Americredit. http://www.nytimes.com/2010/07/23/business/23autos.html?_r=1&partner=rss&emc=rss
The GM story is a reflection of what has happened to our economy. How you can recover if you change the way that you do business.
Read more on Business as Usual…
Continue reading...3. August 2010
Many people live well beyond their means.
When they decided they want to make a major purchase the first thing they do without thought is to pull out the card Visa/Mastercard/Discover/American Express.
Read more on Living off credit cards…
Continue reading...20. July 2010
I attended a convention this summer.
While I was there I was having a discussion about credit and finacial problems that many people are experiencing right now. I was told about a woman who had on a $200 hat. It was newly purchased. What was disturbing was the fact that she had just lost her home to foreclosure.
Continue reading...19. July 2010
Like many other people "I love to shop" was my slogan.
What I remember most was the One Day Sale's given by Macy's. It seemed like every week there was a sale. When the sale had coupons I thought it was a better sale. Those one day sales got me into a lot of trouble. I maxed out my Macy's card. I knew that if I paid on my bill they would let me spend more than what my limit was.
Continue reading...13. July 2010
I was listening to an India Aire song called I Choose.
Part of the song states "and I choose to be the best that I can be I choose to be authentic in everything that I do, my past don't dictate who I am I choose."
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26. August 2010
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