In our latest weekly contest, we asked people to share their best tips for debt-free living - most creative ways to save money, avoid credit card debt, limit spending, etc, for a chance to win a free copy of TurboTax. We received a lot of great ideas and thought we would highlight a few of our favorites.

“I put 5 dollars a week in my savings account that way I don’t see it or miss it”
- Kerri R.

“We go out to eat only once a week and it’s lunch on Saturdays. You can get the same menu selections at a … Continue Reading

Even amid all of the credit card regulations, it is clear that consumers have changed their perception and their use of credit cards. According to data from the Federal Reserve, revolving credit fell by nearly 20% in November, the largest drop on record, showing that more consumers are saying ‘no’ to credit. This is a trend we have been following over the last several months by our customers that use eBillme to pay with cash instead of credit at our over 800 online merchant sites.

Living without credit cards is a lifestyle change. The ‘pay later’ mentality is replaced … Continue Reading

Each week on our Debt-Free Mall site we run a contest with great prizes. Last week’s giveaway was $100 cash to help pay down credit card debt. We wanted to help someone get $100 closer towards being debt-free. We asked participants to leave a comment about credit card purchases they regret or to share opinions of the credit card reform. We received over 230 entries!

Overwhelmingly, the majority of you have a lot of regrets when it comes to using your credit cards. We heard about car purchases, overusing credit cards in college, purchases that you just shouldn’t have … Continue Reading

It’s been talked about for close to a year and last Monday, the day for credit card regulation arrived. The reform includes changes from restrictions on finance charges, rate increases and billing to new regulations for consumers under the age of 21 to access credit. Here’s a summary of some of the new rules from ConsumerReports. One of the most visible changes will be to your credit card statement. If you have not received your statement since the reform took effect, you are in for what can be a very eye-opening experience.

Credit card companies will now be offering full … Continue Reading

Much has been said and written about social media. What is it, what is the point of it, and should a company invest the time and effort in it, and which sites are worthwhile.

I remember wondering if I should create a social media profile and participate in every one. At one point, I counted over 50 that were “hot” and people were talking about. Then got excited because I found a service called namechk http://namechk.com/ that lets you register your brands at over 100 social media sites. Over 100 sites!!! How could anyone keep track and manage profiles on … Continue Reading