financial crisis

Looking On The Bright Side: How to Find A Silver Lining In The Current Financial Crisis

Posted October 19, 2008 - 11:20 by Kate Luther

Personal Finance, Frugal Living, General Tips, Making Extra Cash, Shopping, Lifestyle, Real Estate and Housing, Credit Cards

Every Cloud Has A Silver Lining - Image Courtesy of Stock XChng

While this might be the biggest economic disaster of our generation, it might not be the big bad wolf that we all think it is. Quite the contrary, this little financial lesson might teach us more than humbleness... we might just come out better all the way around.

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What's the big deal about banks refusing to lend?

Posted September 30, 2008 - 13:15 by Philip Brewer

Personal Finance, Small Business Resource Center

Men sitting on the steps outside a bank

Anybody--but especially frugal people--can be excused for thinking that the whole credit crisis thing is being overblown. After all, we get along without debt. In fact, we strongly recommend that others do so as well. If getting along without debt is the way to go, why make such a big deal over a credit crunch?

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Root cause of the financial crisis

Posted September 23, 2008 - 10:21 by Philip Brewer

Real Estate and Housing

Several times recently, Treasury Secretary Paulson (and many others) have claimed that the "root cause" of the current financial crisis is "the housing correction." This is completely wrong--and unless policy makers realize that it's completely wrong, they're not likely to make the right policy decisions.

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