May 2011


This post is from staff writer April Dykman. Remember, dear readers, when I warned you about store credit cards last year? I told you about a study that found that 35 major New York City stores had an average interest rate of 23.83% on store cards, when the national average APR for a regular credit [...]

[read all of How I Got Suckered into Opening a Store Credit Card]

This guest post from Kerry is part of the “reader stories” feature at Get Rich Slowly. Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. Hello. My name [...]

[read all of Reader Story: I’m a Sugar Mama (and Proud of It!)]

I get a lot of requests for follow-ups to reader stories and reader questions. People want to hear how things turned out. Because I want to know how things turned out, too, I’ve started a semi-regular feature at Get Rich Slowly. Whenever I hear back from a previous poster, I’ll share an update so that [...]

[read all of Follow-Up: Mason Shoe Company]

Last Friday’s question about the moral implications of spending prompted a great discussion, as well as a few personal messages. One of those e-mails was from Dave, who wrote with his own ethical dilemma. Instead of looking at the world at large, Dave wants to know how to handle a financial dilemma closer to home: [...]

[read all of Ask the Readers: What Is My Financial Obligation to My Family?]

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