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Posts on ‘January 3rd, 2008’

Debtors Prison, A Brief History of Bankruptcy

In Ancient Israel, every 7th year (Sabbatical year) the debtors were forgiven some of their debt and every 50 years (the Jubilee year) all debts were to be discharged, some mortgages released and all indentured servants and slaves were to be released. In the meantime, the family members had the [...]

Ten Financial Commandments

Well, here are ten good rules that someone might considering follow to achieve financial freedom and also not waste an important asset, money.
1.Thou shalt not buy things before having the money. Many us think that we can pay for it later, so we buy it with our credit cards. Then, when the bill comes we [...]

An Introduction To Rewards Credit Cards

Rewards credit cards became popular because of the intense rivalry among credit card companies. Competition has caused credit card companies to offer special interest rates, lower fees and reward programs in order to win over some costumers. However, card holders need to be careful because credit card reward programs have a tendency to cause major [...]

Debt Game – Know The Rules To Play Well

When you borrow money, you enter the world of debt game. Like many other games, it has rules, player strategies, and a scoring system. Many are losing in the debt game and game over with the worst condition which bankruptcy filing is their ultimate option. If you have or are entering the world of debt [...]