Let’s Throw Some Money at Our Problems: April 2014 Check-in

Pull up those balances!

Access to Credit and the Poor

In the NYT Times Magazine, economics reporter Shaila Dewan looks at how credit card debt helps low-income people. For one thing, having access to credit and demonstrating an ability to pay back money you borrow builds a better credit profile that helps people save money over time.

Five Credit Card Mistakes You Can Fix

Oops! It happens to all of us. We make a big mistake with our credit cards. These mistakes are not just embarrassing, they can be costly as well.

How I Faced $20,000 in Credit Card Debt and Won

Several years ago, I made the final payment that relieved me from a crushing burden of debt that took me three years to pay off. Throughout my twenties, I accrued approximately $20,000 worth of credit card debt.

Let’s Throw Some Money at Our Problems: March 2014 Check-in

It’s time to check in on our debt payments and savings goals again. If you’re joining us for the first time, you can read about our decision to publicly keep track of our debt here.

Pull up those balances!

And Here Is Your Open Thread

I am not the person to ask about credit cards, because I only use them sparingly and don't do things like play the airline miles game, but perhaps y'all can talk about what has worked for you below.

Ten Years After Maxing Out My First Credit Card, I’m Still Figuring It Out

I got my first credit card in college, setting it aside for emergencies only. The first "emergency" was a pair of jeans from the Gap on Newbury Street, purchased on a quiet, wintry Tuesday. The second "emergency" was a plane ticket to San Diego. The other subsequent "emergencies" are less memorable, but most likely consisted of cheap handbags from H&M and Camel Lights.

Repairing Your Credit: A Huge Pain

On her blog Girl's Gone Child, Rebecca Woolf talks about trying to maintain a good credit score so that she and her husband can refinance their mortgage, and how they battled her credit card debt only to get screwed by a forgotten annual fee. Nooooo

Let’s Throw Some Money at Our Problems: February 2014 Check-In

Pull up those balances!

Let’s Throw Some Money at Our Problems: January 2014 Check-In

Pull up those balances!

Let’s Throw Some Money at Our Problems: December 2013 Check-In

It's time to check in on our debt payments and savings goals again.

The Answer to Getting Out of Credit Card Trouble: A Spreadsheet

When I clicked the "sure, I'll pay back this $55K" button on the student loan site, I had $10K in credit card debt. I also had no idea that I had racked up $10K on my credit cards.