Revolving credit debt, mostly through credit cards with balances that are not paid off immediately, dropped by an annual rate of 13.1 percent in August to $899.4 billion, the Federal Reserve reported.

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If you don’t know about the Carnival of Personal Finance , it’s a weekly round-up of interesting posts from the glut of personal finance blogs and websites that now litter the web. I discovered two of today’s posts—the 23 debt-saving …

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Saving can be boiled down to a few universal financial truths. The sooner you know and internalize them, the sooner you can start enjoying a responsible, sustainable lifestyle. 1. Pay Yourself First : No, not with an Xbox, but by saving …

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Yesterday, The Wall Street Journal published a guide to getting a divorce with a minimum of financial pain. Their tips: Find the right legal aid

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Face the numbers with personal financial “stress test” [Dallas Morning News] “Consumers should put themselves through a stress test to determine if their personal finances could withstand a job loss, a serious illness or any other …

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Personal Finance Roundup. By freemoneyfinance , 12:00 PM on Thu May 28 2009, 47 views. Why you’re not beating the market [MSN Money] “As if mutual funds’ plummeting returns last year weren’t bad enough, paying large fees to watch your …

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By Chris Walters , 1:28 PM on Fri May 22 2009, 3261 views.

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Once you’ve done your homework, check out our guide to writing a beginner’s budget and start mapping out your financial future. 10 Things To Do Before Creating Your Next Budget [No Credit Needed] (Photo: erichhh). Read More: Personal …

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New graduates are about to walk smack into the Great Recession, and they need every bit of financial advice they can get. The Wall Street Journal has five excellent money tips that should apply not just to new graduates, but to everyone …

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Last week, New York Times personal finance columnist Ron Lieber discovered that his family’s financial planner was being investigated for fraud, because millions of dollars had been transferred out of clients’ accounts without …

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