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I’M Clueless When It Comes To Money. Please Help!

Here’s a heartbreaker for you. It’s a posting from the Personal Finance SavingAdvice forum :

I have about $13K in credit card debt with approximately 9.2% APR. I recently got approved for a credit card with 0% APR on balance transfers for 15 months. I got approved for $7,500 only. If I call the credit card [...]

Is Dave Ramsey Right? Are Credit Cards the Cigarettes of Finance?

I’ve been listening to Dave Ramsey’s radio show on my way home form work the past couple of weeks, and I must say I really enjoy it. But he does keep saying something that kind of bothers me a little:

“Credit cards are the cigarettes of the financial world.”

It sounds good, and certainly gets the point [...]