I want to see a new system. I believe that the credit scoring system is broken. That's my belief.

We women know how to take care of everybody so well. But the one person we have written out of the equation is us.

A pile of bills and statements - whether paid or not - is a sign that someone is clueless about what's coming in and going out.

The dream of having one's dream job turned into "Oh my God, I'll take any job. I've been out of work for two years now. I don't care what I do. I'll do anything because I don't have any money".

If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.

But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.