Dear President Obama, For the past two years, I have worked with people who are striving to get out of debt–all the while trying to get out of debt myself. Some of them have lost their homes to foreclosure and I have seen how it can ruin a life to lose a home. When I think of how many people have lost their homes recently, I come close to tears. This country needs to find a solution that is easy to follow, cost...

Image via Wikipedia The best way to manage holiday debt is to start way before Christmas. If you like to spend a lot for Christmas and pay for it for the next year, it could catch up to you quickly. Racking up big credit card bills and buying things with borrowed money isn’t a good idea. Even if the store offers no interest until next year, they know that most people will not pay off the bill before they...