Michael Jackson may have had as much debt as he did fame. It’s estimated the pop star’s debts amount to close to half a billion dollars. Money Coach Alvin Hall offers insights how Jackson may have taken himself so deep into the red and what regular Americans can learn from the mistakes of the [...]
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In the current economic slump, many consumers are finding bargains by low-balling salesmen or snapping up foreclosed homes. Reporter Jennifer Saranow weighs the ethics of “vulture consumerism” — benefiting from another’s misfortune.
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Last Friday, I attended a workshop put on by Pamela Slim, who writes about entrepreneurship at Escape from Cubicle Nation. Before this meeting, I didn’t know much about Slim or her message, but her work came highly recommended from my friend, Chris Guillebeau. “Pam is the real deal,” he told me. “Her book is what [...]
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Americans are now spending more money with debit cards than with credit cards, but the fraud protections for the two types of cards aren’t necessarily the same. Some consumer advocates say they should be.
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Nail down debt, don’t run for cover
Lenny Dykstra was one of my favorite baseball players. He combined speed, hustle, plate discipline and a near-fanatical desire to destroy his opponents on the baseball field. They called him “Nails” for a reason.
Like numerous other athletes, however, Dykstra took the unfortunate slide into financial ruin after his days [...]