Tag: credit cards
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Breaking: The Coming Fiery Economic Crisis and What You Need to Know to Survive
In this podcast episode, AJ and DC dive into the latest economic data revealing an alarming trend of coming mass unemployment and skyrocketing credit card debt among those without savings. With the Federal Reserve’s bleak predictions for the economy, it’s essential to be prepared and know how to weather the storm. Join us as we…
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The Holiday’s Are Really Expensive, Try These Expert Money Saving Tips!
Each year, the months of November and December cost the American consumer billions of dollars. The worst part of this is that everyone has 12 months to prepare, yet, few people do! Well, don’t fret… the Wealthy Idiots have some expert money saving tips for you! Save really early Yes, I know it’s already theRead…
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Dave Ramsey Responds to Leveraging Gone Wrong
Wealthy Idiots Reacts to Dave Ramsey answering the question about when using leveraging has gone horribly wrong. Leveraging debt can be a good tool for building wealth. But what happens when you YOLO credit card debt into the stock market?
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Make money with credit cards!
When people hear the term credit cards, they’re normally terrified or ecstatic. That’s because they have the ability to be of huge benefit, or lead to financial downfall. We’ll talk about some strategies throughout this article that will help you figure this out.
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Our top expert picks to save more money for Christmas
Christmas is right around the corner. I know this because my wife started decorating the house (entirely too early I might add). One of the best parts of Christmas is the opportunity to give people presents. One of the worst parts of Christmas is the endless spending to buy these gifts. Well, we’ve got some…
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Get richer, quicker: 10 tips for the Wealthy Idiot
Personal finance is dynamic, and as a result, the ways to save (and waste) money are ever-changing. In no way do we advocate for ‘get rich quick’ schemes, but we absolutely want people to ‘get richer, quicker’. Below, we’ll talk about some of the most common places people waste money without even knowing it.
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DEBT: The Good, The Bad, and the Ugly
The word ‘debt’ just sounds bad. It has such a strong negative connotation in society, yet, people are overtly encouraged to saddle themselves with as much of it as possible, and in some cases, even more than is possible. Not all forms of debt are bad, and some forms are actually good, so we’ll give…