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The Debt Tsunami is a gimmick, but it probably doesn’t matter

I saw some people passionately advocating both for and against a new method of paying off debt: The “Debt Tsumani,” which focuses on paying off debt in the order of its emotional impact on you.

As someone who paid off more than $150,000 worth of debt over the course of about four years in the last decade, maybe what I have to say about that matters to you.Read More »The Debt Tsunami is a gimmick, but it probably doesn’t matter

How to rent a house without getting your identity stolen

I know a family that’s trying to rent a house. All they really want is something that’s a reasonable commute from work, in a safe area, with a fenced yard for their young son to play in, a basement to take cover in during severe storms, and a little bit of room for storage–in a decent school district.

That’s not as easy to find as it used to be. He’s actually finding more scams than houses that fit his criteria. As a full-time security professional and a part-time landlord, here’s what I want you to know about renting a house.

Read More »How to rent a house without getting your identity stolen

Don’t let debt cripple you

Sometimes people ask me for help with their finances. And I’ve seen the effects that debt can have on people. I believe having no debt is best. Having debt that you’re paying off is second-best. Festering debt, however, is crippling. That’s what you want to avoid, before it catches up with you. Not only can bad debts keep you from borrowing more money, it can also make it more difficult to sign a lease or get a job.

Here’s how to make a plan to pay off that debt and improve your credit score.

Read More »Don’t let debt cripple you

Can you afford that house or apartment?

Declining incomes have more people paying a higher percentage of their income in rent than in the past. I blame the recession. And what caused the recession? People getting in over their heads, buying more house than they can afford. I blame the big banks for that, because I personally experienced it. If I’d bought the kind of house loan officers were telling me to buy in 2002, I’d have been foreclosed on, too.

Here’s a very easy way to figure out whether you can afford a particular place.Read More »Can you afford that house or apartment?

Random thoughts from the day after bin Laden died

It was 9:15. I was tired. I’d been reading, then I went to my computer to check baseball scores. I saw that the president had called a press conference for 9:30 CST, with no indication what it was about. 9:30 PM on a Sunday night isn’t when you usually call press conferences, and there’s usually some indication what the subject will be. I was curious enough to click around to see what was going on, but when I didn’t find anything right away, I went to bed.

This morning I woke up, went straight to the Kansas City Star’s baseball page to get an account of last night’s Royals-Twins game, and out of the corner of my eye, spotted the last headline I ever expected to read: “The Raid that Killed bin Laden.” What? Beneath it was a similar headline. I clicked, read the first two sentences to make sure I was reading the right thing, then raced into the bedroom, where my wife was getting our two sons dressed.

“They got bin Laden,” I said. And she did the same double-take that I did, and made me say it again.

Read More »Random thoughts from the day after bin Laden died