We were offered a one-year 2.99% interest rate on an existing Visa account that we didn't use very much. We wanted to use the card to make a very large purchase with the intent of paying it off within one year. Luckily we checked the "fine print". The original purchase will be at 2.99%. But any  subsequent purchases on that card will be charged...

I have several payday loans that I cannot get paid off. I've be trying for several years and I only have enough money to renew. If I cash out my 401k to pay these loans off I will have plenty of money each month to put back in my 401k plan. Will I still face the extra 20% penalty at tax time? I've learned my lesson and I will never get mixed up with...

My children's real father is an alcoholic. He has some very old medical bills that he has only been paying like $10 a month - just to keep them off his back.   If he dies are the children responsible for the leftover? He doesn't have any assets and doesn't even have insurance to pay for his funeral. He is in very bad health and my daughter has...

I was wondering about a program offered through my local electric company. They offer savings of $5-10 off your monthly bill for allowing them to "cycle" your energy resources. I am not at all familiar with this and before I signed up I thought I should learn something about this program. ~ Heather Heather has discovered one of the more popular...

Not too long ago they had $30,000 in credit-card debts. This month they paid off the last remaining balance. But, how did they do it? Cara and Michael's story is an inspiration for anyone trying to get out of debt. Recently, Cara shared their experience. We began by discussing how they started. "Stop spending. We just said, OK, no more. We won't...

When I send in my mortgage payment and I send in more than the minimum amount, the return payment stub asks whether I would like the additional payment to go towards escrow or principal.  Which direction would be the best? Jim Jim asks a very good question. How you manage your mortgage payments can make a big difference in your financial...

My husband has been out of work for 5 months. His income was double what I currently bring in. Needless to say, my checks and the unemployment insurance are not paying the bills. I am starting to panic because bill collectors are calling daily. I am making sure that my house payment, utilities, and car insurance are paid, but everything else is getting...