This week I’ve guest posted on three different personal finances blogs. Head on over and see what I’ve written about:

4 simple ways to start investing.
The horrible idea of the 401k “debit” card.
Resisting the temptation to run up more debt when you pay off your credit cards.
Ways that you can get through college with minimal student loans.

Over the weekend, I wrote about how my credit card company is trying to get me to refinance my home with them, and take out some cash. For me, this is an obviously foolhardy move. Such offers usually go straight through the shredder.
But Sean left a comment that I feel is very pertinent to the idea of unsecured debt and secured debt:
Credit cards are “unsecured debt,” meaning that if you default or go bankrupt, they can’t take your house, car or stuff. They are last in line, behind secured debt, like your mortgage. When they see people getting in trouble, …read more

Not too long ago, Yielding Wealth ran a contest in which readers submitted questions to Linda Leitz. Leitz is the author of the book We Need to Talk: Money & Kids After Divorce. Throughout the rest of the month, I will be posting her answers to the four best (and most common) questions I received.
Today’s Question: I only have a limited amount of extra money each month. Should I concentrate on paying down debt first, or putting money aside for savings? 
Linda’s answer:
It depends some on how big your debts are.  If you owe a substantial amount – let’s say a …read more