July 2009

Is Cash For Clunkers Broke Already?

by Glen Craig
Thumbnail image for Is Cash For Clunkers Broke Already?

I humbly stand corrected. When I heard the rules and limitations of the Car Allowance Rebate System, or Cash For Clunkers, I wondered how effective the program would be.  It sounded like it was a great idea that got bogged down by politics.  Well it seems I was wrong.  Cash For Clunkers is already running [...]

19 comments Read the full article →

Best Of Money Carnival #9 – It’s A Girl Edition

by Glen Craig
Thumbnail image for Best Of Money Carnival #9 – It’s A Girl Edition

Welcome to the 9th edition – It’s A Girl – of the Best of Money Carnival at Free From Broke! For those that don’t know, I’m married and live in NYC on one income which supports my wife and me and our two children. That was until about three weeks ago when my wife gave [...]

11 comments Read the full article →

You Shouldn’t Buy This If…

by Glen Craig

Living on the budget is not all about just counting pennies. To save money, you need do your homework and to know how to do research on each of your planned big purchases.  Here’s a quick but useful guide on how to investigate if both the seller and the item should be considered. Here are [...]

13 comments Read the full article →

Car Allowance Rebate System To Finalize Soon – What I’d Like To See

by Glen Craig

The Car Allowance Rebate System has been for about a month now.  While there are interesting aspects to the program all of the details haven’t been ironed out yet and we can still see some changes happen.  The CARS, or Cash for Clunkers, program is set to finalize July 24th. Here are some changes I’d [...]

15 comments Read the full article →

Ways To Help Deal With Medical Expenses

by Glen Craig
Thumbnail image for Ways To Help Deal With Medical Expenses

Medical expenses are one of the leading causes of bankruptcy proceedings in the US.  In 2007, 57 million people were in families who had problems paying their medical bills according to this article by Peter J. Cunningham.  However, there are ways to cope with the rising costs of medical care.  I was born with Spina [...]

17 comments Read the full article →

We’re A Family Of Five!

by Glen Craig
Thumbnail image for We’re A Family Of Five!

Our family recently increased by one! On July 7th my wife gave birth to a beautiful baby girl!  I went into work and wasn’t there more than a couple of hours before my wife called and told me to get home.  A couple of hours after we arrived in the hospital our daughter was born!  [...]

19 comments Read the full article →

A Goal Based Approach To Debt Management

by Glen Craig
Thumbnail image for A Goal Based Approach To Debt Management

Good debt management advice is hard to come by. Traditional financial wisdom states that certain debts, such as mortgage and student loans are good debts, while most other debts such as credit card debt, car loans, etc… are bad debts.  On the other hand, many Personal Finance bloggers express the opinion that ALL debt is [...]

14 comments Read the full article →

Credit Scores Matter More Than You Think

by Glen Craig
Thumbnail image for Credit Scores Matter More Than You Think

Credit scores are important when you want to borrow money or get a new credit card. They’re important when you want to rent an apartment or a house, since the landlord will usually run a credit and background check on you before they’ll hand over the keys.  If you thought all those people checking their [...]

20 comments Read the full article →

Car Allowance Rebate System – Cash For Clunkers

by Glen Craig
Thumbnail image for Car Allowance Rebate System – Cash For Clunkers

In late June President Obama signed into law the the Car Allowance Rebate System or as it’s also known: Cash for Clunkers. This is a program that encourages people to trade in their cars for more efficient models.  It also helps to stimulate the economy (similar to the first time home buyer tax credit) at [...]

20 comments Read the full article →