Sure, you could throw every available dollar at student loans and credit card debt. But leave enough for an emergency fund — and a bit of mad money for yourself, says the Debt Adviser.
About the author
“Debts, unlike fine wine or my wife, do not improve with age." - Steve Bucci
- Personal Credit Coach
- Expert Witness in Identity Theft and Credit Scoring Related Cases
University of Rhode Island at Kingston
Author of the popular books:
- Credit Repair Kit For Dummies – 5th edition
- Barnes and Noble Debt Management
- Credit Management Kit For Dummies
- Managing Your Money All-In-One For Dummies (coauthor)
- Debt Repair Kit For Dummies (Australia)
Been featured on Fox Business News, Yahoo! Personal Finance and in countless newspapers across the nation
Appeared regularly as a personal finance expert on Comcast
Steve Bucci has been helping people decode and master personal credit and debt issues for the last 20 years. Bucci began his career in counseling at the Yale Psychiatric Institute before switching to a career in business, first management consulting and then finance. Wanting to return to a job that give him the chance to help people, Bucci served as president of several nonprofit organizations dedicated to helping the consumer wisely use credit. These include the Consumer Credit Counseling Service (CCCS) of Rhode Island, the CCCS of Southern New England and the Money Management International Financial Education Foundation.
Bucci has been a presenter at the FICO InterACT Global Conference, the Federal Reserve and the International Credit Symposium at Cambridge University in the UK. He has served as director of the CDNE Education Foundation, the University of RI Center for Personal Financial Education, the National Foundation for Credit Counseling, the Better Business Bureau of Rhode Island, the investment committee for the Episcopal Diocese of RI and National Network Non-Profit Services. He currently serves on the investment board for South County Health Care Systems.
Bucci received his BA and MA degrees from the University of Rhode Island at Kingston. He was named Visiting Executive in Residence at the University of Rhode Island in 2005.
Bucci and his wife, Barbara, live with their two cats, Peanut Butter and Smokey, at Sand Hill Cove in the seaside community of Narragansett, Rhode Island.
Steve's Latest Articles
3 min read Mar 23, 2007
Know your rights, says the Debt Adviser: A debt collector can’t legally extend the time a bad debt stays on your credit report.3 min read Mar 16, 2007
Taking a credit card cash advance subjects you to fees and higher rates, and you lose your grace period, warns the Debt Adviser.3 min read Feb 16, 2007
Helping is fine, but your relatives have to embrace the get-out-of-debt plan and make it theirs, not yours, says the Debt Adviser3 min read Feb 09, 2007
You won’t get offers for low-interest balance transfers once you run up a $35,000 debt, says the Debt Adviser. More likely, your current issuer will hit you with penalty rates.2 min read Jan 26, 2007
Hoping your mistakes of the past will magically disappear with the new year is pure folly, says Debt Adviser Steve Bucci who offers his top 10 follies to avoid in 2006.4 min read Dec 20, 2005
By applying your entire payment to the low-rate promotional balance, the card companies stretch out the time you’re on the hook, says the Debt Adviser.3 min read Dec 02, 2005
The difference is, you can restart the clock allowing debt collectors a fresh chance to legally force you to pay, says the Debt Adviser.2 min read Oct 17, 2005