Financial Advisers Seek Payment Protection Insurance Long Stop


Get your Kleenex out, another financial institution is crying about having to handle bogus PPI claims. Don’t get me wrong, bogus claims are a waste of time, fraudulent and clog up the system for genuine claims. But come on, banks, advisers, brokers and insurance companies spent the best part of two decades flogging over-priced, worthless and unusable Payment Protection Insurance – making over £50bn in the process – and now that a few people are trying it on they want huge changes in legislation? A desperate need The latest complaint comes from an independent financial adviser (IFA) who’s had to […] Read more »

I Love You Like a Blogger Roundup – 7/4

I’m away for the weekend celebrating the 4th of July in the great city of Chicago with some friends and family.  We had a great night last night at a dueling piano bar and having Chicago style pizza, and today it’s off to Navy Pier and the Dave Mathews Band concert.  We’ll wrap things up with going to Ribfest on Sunday….YUM!  How are you spending your 4th of July Weekend? Before we get into our usual fist pump routine, I wanted to mention that I had the honor of having a guest post published at this week.  I Don’t […] Read more »

Have We Learned To Use Credit Responsibly?

Using Credit

The thunder and lightning carrying on outside represented my struggle well. Two evenly matched forces were doing battle inside my head. The need to save money whenever possible, and my solid stance that using a credit card to pay for something should be avoided at all costs. Let me be clear, I do not think that credit cards themselves are evil. When used correctly, they can be a valuable tool in a person’s financial tool belt that can actually save money.   However, I have a huge problem with some of the business practices and policies of credit card companies. My […] Read more »

I Love You Like a Blogger Roundup – 06/27

There are two events that have had me looking forward to this weekend: 1.) The new Transformer’s move comes out today.  Yes, I’m a big geek.  I loved them as a kid, and while some of the moves in the series haven’t been all that great, this one looks like it may finally live up to  the hype.  My son and I are going to go see it this afternoon. 2.) Sunday is my wedding anniversary.  18 years of wedded bliss with Mrs. Vonnie Pizel.  I’m looking forward to celebrating our lives together.  We’re just getting started! Can I get […] Read more »

Why you should make your retirement a priority


The other day I was walking our lovely puppy in the nearby park. Dog owners stick together and talk to each other. You’d be surprised what you can learn in the park while throwing a slimy tennis ball around. You don’t believe me? Well, I used to talk to a woman who told me that she’s had lovers all through her marriage. Thing is, I knew her husband as well and liked him a lot. Eventually she caught her and the whole thing ended up in custody battle for the dog. Anyhow, this time there was nothing as dramatic as […] Read more »

Vacation Time Is Here: How To Enjoy A Beach Vacation Without Spending A Lot

benidorm sunset

Visiting a sun-drenched beach is ideal for getting away from everyday life. It offers the chance to relax in beautiful surroundings, enjoy some sunbathing, and try some fun activities. The cost of a beach holiday makes it suitable for anyone and the following tips are some ways to enjoy an even more affordable time. Choose your Location Wisely Popular destinations can have price competition that lowers the costs of flights, accommodation, and attractions. Benidorm, Spain holidays 2014 are ideal for beach lovers who want to enjoy fun and exciting beach vacations that are competitively priced. Many low cost airlines fly […] Read more »

Your Kids are Watching, What Are You Teaching Them?


In a rush of memories recalled by the video being projected onto the wall, I was reminded of countless times my parenting skills didn’t qualify as Father Of The Year material. It was the last session of my son’s driver’s education class and parents were asked to attend the last half of the session. The instructor was attempting to drive home the point that the only way we will ever create a culture of safer drivers was for us parents to put in the time and effort to teach our sons and daughters how to be good drivers. The video […] Read more »

A wedding is a statement of commitment not a show of opulence


See the picture? It’s me (or my back) on my wedding day 21 years ago. Why my back you may ask? Because my sister in law thought that everyone takes pictures of the bride’s front but she hasn’t seen a picture of the bride’s back. Ever! So here you go; a picture of my back which also happens to show a wonderful detailed of my wedding suit. To tell you the truth, I have not thought of my wedding for a very long time. Even worse, I caught myself thinking the other day about the interesting stage of life I’m […] Read more »

I Love You Like a Blogger Roundup – 06/20


My 18th wedding anniversary is coming up in just a few weeks.  Three years ago, Vonnie and I were at about the midway point in our debt management program.  We were making progress, but money was tight and I was looking for an inexpensive yet meaningful  gift to give her.   She absolutely LOVED the look and smell of plumeria flowers when we were in Hawaii, so I found a online company that sold plumeria plants.  Since they were shipped from Hawaii, all the leaves and branches had to be removed so essentially what I got for my $10 was a […] Read more »

Optimise your spending: eliminate waste in your life and budget

optimise your budget

In my last post I told you about the ERR budgeting strategy I came up with to optimise our spending and make out money go further. Today I’ll share a bit more about the first element of it – eliminate. This is about eliminating waste and deciding what you absolutely want in your life. Let’s get back to the time when my husband told me about the enormous, obscene amount of consumer debt we had. Now, I’d love to tell you that I kept my cool and calmly went on following the commandments of personal finance. It was not to […] Read more »

No Effort, No Results


A little over a year ago my mom had major back surgery.  Over the years her spine had become so twisted that it was squishing her internal organs in a way that was extremely uncomfortable, and would only get worse.  Titanium rods were attached to her spine using large screws in hopes that it would force her spine to be straightened, improve her posture, and resolve some breathing and pain issues she had been dealing with for years.  She is in her mid to late 60′s and the doctors advised that if she was going to have surgery the time […] Read more »

Watch Out for Your Money

identity theft

The following is from Crystal at Budgeting in the Fun Stuff.  That’s where she writes about her bills, saving for the future, and making sure to fit in fun stuff along the way. No one cares as much about your money as you do…well, you and scammers. Be vigilant and protect your cash. There are a million ways that bad people will try to grab your money for themselves. Here are ones that I’ve heard about recently. Identity Theft I was eating lunch with my grandpa and his friends last week. Other than me, no one at the table was […] Read more »

Two rules of wealth building: our debt story

wealth building

Good day, Enemy of Debt readers. Travis already mentioned that I’ve joined the EOD Team so I’m writing this in a way of introduction. After all, before anyone pays any heed to anyone on the Internet these days, they wish to know what their credentials are. What makes my relationship with Enemy of Debt passionate (yep, I hope the site loves me as much as I love the site) is that I am a big, gigantic enemy of debt. I am a debt destroyer: I destroyed sh*tload of our debt and I support others to do the same! I started […] Read more »

Why You Should Never Use a Home Equity Loan to Pay Off Debt

Why You Should Never Use a Home Equity Loan to Pay Off Debt

Have you ever thought about taking out a home equity loan to help pay off debt? There are a lot of financial gurus that will advise you to dip into your home’s equity when you have a pile of debt you need to get paid off. But I believe paying off your debt with a home equity loan is not a wise move, and I’ll tell you why in just a minute.   Why Some Gurus Recommend Home Equity Loans For Paying Off Debt But first, I want to cover why some “financial gurus” say you should consolidate your debt […] Read more »