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	<title>The Frugal Pig &#187; credit</title>
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	<link>http://www.frugalpig.com/frugallife</link>
	<description>Frugal Living Tips and Ideas</description>
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		<title>Should I Pay Off Debt</title>
		<link>http://www.frugalpig.com/frugallife/frugal-finance/pay-off-debt/should-i-pay-off-debt/</link>
		<comments>http://www.frugalpig.com/frugallife/frugal-finance/pay-off-debt/should-i-pay-off-debt/#comments</comments>
		<pubDate>Thu, 03 Sep 2009 17:15:02 +0000</pubDate>
		<dc:creator>Oink</dc:creator>
				<category><![CDATA[Pay Off Debt]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Loans]]></category>

		<guid isPermaLink="false">http://www.frugalpig.com/frugallife/?p=121</guid>
		<description><![CDATA[Will Paying off Debt Help Finances? I think that most of us ask ourselves this question from time to time. Will paying down loans help us in the long run? Of course, almost everybody I know would be very happy to be debt free, and owe nothing to anybody! But for most of us, paying off credit cards, car loans, and mortgages will certainly deplete the cash reserves we need for emergencies. There is probably not one right answer for everybody. But rather than flipping coins or consulting the I-Ching, you can actually do some hard analysis on these questions. It is not that hard to figure out how you will benefit from paying down loans, and if it will be worth the risk. This website has online money calculators which you can use to give you some numbers. In addition we have published an online debt payoff calculator. You can use these simple tools to give you some real answers. And if you do not have the cash to reduce your balances to zero right now, you may profit from a high balance credit card transfer. Find offers for lower interest rates, and then if you cannot get your [...]
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		<title>Americans Are Cutting Debt &#8211; But Why?</title>
		<link>http://www.frugalpig.com/frugallife/frugal-finance/pay-off-debt/americans-are-cutting-debt-but-why/</link>
		<comments>http://www.frugalpig.com/frugallife/frugal-finance/pay-off-debt/americans-are-cutting-debt-but-why/#comments</comments>
		<pubDate>Thu, 11 Dec 2008 20:19:29 +0000</pubDate>
		<dc:creator>Oink</dc:creator>
				<category><![CDATA[Pay Off Debt]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>

		<guid isPermaLink="false">http://www.frugalpig.com/frugallife/?p=74</guid>
		<description><![CDATA[While I was hanging around on Yahoo Finance watching my stock portfolio bottom out, I did notice an article that looked encouraging at first glance. It said that US consumer debt has dropped a bit for the first time on record. i.e. for the first time, since they started tracking consumer debt, it has dropped. Now this should be good news that Americans are finally realizing that the future pain that debt gives them is not worth the quick satisfaction of a 50 inch TV set or something. Is Declining US Debt Always Good News? However, are Americans cutting debt by choice. It is hard to believe right now, especially in the holiday season. Actually, credit card companies are putting the squeeze on consumers, and falling debt levels may not be the consumer&#8217;s choice, but the fact that their credit limits have been sharply dropped. And even though consumer debt has gone down by less than 1 percentage point, Americans net worth has declined by over 4 percent. Mortgage debt has also decreased, but it may be because many Americans have given up on their mortgages, and others cannot get a loan in this tight credit market.   No related [...]
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		</item>
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		<title>Frugal Holiday Shopping &#8212; Survive the Holidays Without Debt</title>
		<link>http://www.frugalpig.com/frugallife/frugal-shopper/frugal-retail-shopping/frugal-holiday-shopping-survive-the-holidays-without-debt/</link>
		<comments>http://www.frugalpig.com/frugallife/frugal-shopper/frugal-retail-shopping/frugal-holiday-shopping-survive-the-holidays-without-debt/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 13:43:28 +0000</pubDate>
		<dc:creator>Oink</dc:creator>
				<category><![CDATA[Frugal Retail Shopping]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[holiday season]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[spending]]></category>

		<guid isPermaLink="false">http://www.frugalpig.com/frugallife/?p=63</guid>
		<description><![CDATA[Ok, here we are approaching the holiday season while the economy sags all around us. The good part of this is we can find lots of deals out there as the stores compete for business. The bad part, of course, is many of us find we have a lot less money saved or invested, less credit at a more expensive price, higher costs for monthly bills like groceries, and possibly, less income. And of course, we all meant to start a holiday savings account last January. But somehow, with higher prices and lower returns, that account either got raided, or never even started in the first place. Don&#8217;t feel guilty, but just figure out how to attack this holiday season without it. There&#8217;s always next year. So how can you get through this season without racking up strained credit card bills? Alot of it comes down to being organized. Go ahead and follow Santa&#8217;s lead; make a list and check it twice! Then go through your list and assign a budget. If you know you want to spend $100 on teenaged Suzy and $15 on Uncle Tony, you will be able to see if your total budget is realistic. Don&#8217;t [...]
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		<slash:comments>3</slash:comments>
		</item>
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		<title>Prepare for a Recession</title>
		<link>http://www.frugalpig.com/frugallife/frugal-finance/finance/prepare-for-a-recession/</link>
		<comments>http://www.frugalpig.com/frugallife/frugal-finance/finance/prepare-for-a-recession/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 15:17:21 +0000</pubDate>
		<dc:creator>Oink</dc:creator>
				<category><![CDATA[finance]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Saving Money]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.frugalpig.com/frugallife/?p=59</guid>
		<description><![CDATA[Well, now there is no doubt about the fact that the US, and the world, is enduring an economic downturn. We have been watching financial leaders and politicians deny if long enough, but even they are admitting it now. However, as much as we are all struggling to watch our expenses and keep our savings, we do find that some people do ok during a recession, and some people even prosper! What is the difference between those that can barely survive the crisis, and those that make out ok? I think the difference is being, just like a Boy Scout, prepared! Look for some practical tips here: Surviving a Recession. It is mostly downhome advice like saving money, reducing debt and preparing yourself for a job loss. But it also contains some unique tips on making some income during unemployment with freelance jobs that you may not have thought of. No related posts. Related posts brought to you by Yet Another Related Posts Plugin.
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		<item>
		<title>Prepare For A Job Loss</title>
		<link>http://www.frugalpig.com/frugallife/frugal-finance/finance/prepare-for-a-job-loss/</link>
		<comments>http://www.frugalpig.com/frugallife/frugal-finance/finance/prepare-for-a-job-loss/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 16:02:37 +0000</pubDate>
		<dc:creator>Oink</dc:creator>
				<category><![CDATA[finance]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[job loss]]></category>
		<category><![CDATA[layoff]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.frugalpig.com/frugallife/?p=55</guid>
		<description><![CDATA[You Can Prepare For a Job Loss A good friend of mine had been a very productive team member at his job for years. In fact, his team even got recognized for a couple of patents, and he was certain that his company valued the contribution he made. A few short months after he brought home his certificate and bonus money, the company decided to outsource his group. He arrived at work on Friday and was told he would not need to report in on Monday. Needless to say, he was unprepared for the job loss, financially or emotionally, and it was a devestating event in his life. Prepare for a Job Loss Companies are cruel these days, and few employees are really safe. In fact, over a million and a half workers were laid off in the last 12 months, and I&#8217;m sure most of these people were very good employees too. Most of us will get laid off a couple of times in our working lives. We cannot possibly prevent every possible reason for a job loss, but we can prepare ourselves. Save Your Money, Just Like Dad Said Your financial advisor, your friends, and your dad will [...]
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Worried About Layoffs?</title>
		<link>http://www.frugalpig.com/frugallife/frugal-finance/finance/worried-about-layoffs/</link>
		<comments>http://www.frugalpig.com/frugallife/frugal-finance/finance/worried-about-layoffs/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 02:46:21 +0000</pubDate>
		<dc:creator>Oink</dc:creator>
				<category><![CDATA[finance]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.frugalpig.com/frugallife/?p=54</guid>
		<description><![CDATA[We haven&#8217;t been getting very good news about employment in the US lately. And of course, all economic news, with the bailout of the mortgage giants, is pretty grim. In fact, home foreclosures hit a record in the 3rd quarter of this year. And if you think that the bailout will help the situation, you might want to read this article: who does the mortgage giant bailout help? Prepare for an Income Loss Do home mortgage defaults and layoffs have anything to do with each other? Well, according to the much maligned Freddie Mac, unemployment or income loss is the leading cause of mortgage default. In an ideal world, we would all have 6 months of income stashed in a bank account in case of an income loss. But lately, with rising gas and food prices, most of us have had to dig into that savings account. So what can you do? Well many people can qualify for a supplemental job loss protection program. Instead of a loan company financed mortgage protection plan, which only pays the mortgage company, you can get a plan that actually pays you cash if you are layed off. I think that giving the consumer the [...]
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