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Everybody with a savings account or almost any form of debt has at least a passing familiarity with interest. How many of you actually know what it is, or even how much you are actually paying? Debt First, some definitions. Principal is the term used for the amount of money you have borrowed. Interest is the rent you [...] April 14th, 2010 | Tags: debt, Finance, interest, loans | Category: Finance | 2 comments - (Comments are closed) | Subscribe |
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A few years ago, we bought a new truck. We brought our old truck in as a trade, but the offer was bordering on insulting, so we kept it. We posted the old truck on CarSoup, the classifieds, and anywhere else we could find to post it. Nothing. After a few weeks, we finally found a Repossession buyer-a [...] February 22nd, 2010 | Tags: friends, loans, repossession | Category: Finance | 3 comments - (Comments are closed) | Subscribe |
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