Tag Archives: money

Shoulda waited until 2009

After reading this, I wish we would’ve waited until the economy got even worse to get Zable into braces.

I feel I can empathize with those who are faced with the decision of braces vs. house to live in. We thought we would do both by the end of 2008. Still looking for the house.

The plan is to get out of our biggest chunk of consumer debt in 2009, too. That should help us take advantage of the other benefits to a poor economy – like better deals on houses.

Some Credit Card Relief

Here’s hoping for less stress paying off the Christmas charge-up on the credit cards. The Federal Reserve is expected to announce new rules today preventing credit card companies from jacking up our interest rates so unexpectedly.

I’ve had that happen before and it’s no fun.

One of the new rules says your rate can’t be hiked until you’re more than 30 days late on the minimum payment. Mine was one day late once and the rate more than doubled.

I was not a happy camper.

What’s worse is that they make it nearly impossible to get it back down. Even after years of reliable payments.

Gotta get out of that thing.

A house wrapped in a bow

Christmas House

Christmas House Present?

… would make for an interesting Christmas present.

For those of us house-shopping right now, having the Federal Reserve  lowering their “fund rate” to almost 0% can influence mortgage rates in my favor. The most recent quote we got was 5.5% 5%. I like the sound of that!

Now if we could just find a house we like… and could afford.

Reminds me of the phrase… “ne’er the twain shall meet”. :(

Holding out for a better deal

Experts are saying this could be the worst Christmas shopping season in a long, long time. It’s not for lack of people shopping – it’s for lack of people spending as much.

The recession has pinched the purse strings tighter for most of us – and it’s got a bunch of businesses pinching their prices to fit in those tighter purses.

Even bigger price drops are expected at the stores you shop over the next couple of weeks.

Source: TheMonitor.com