For some people getting a loan to consolidate debt is not the ultimate solution. For many people the simple solution is the one to try. This means that for most people they need to learn how to start saving money. This might get them out of debt faster than turning to a debt consolidation firm. You will also save money on more fees and charges if you pay off your debt the old fashioned way. For starters, you need to write down a strict budget and see how much you can aff…
Money Management Is Like Farming
In several of Thom Hartmann’s books about ADHD he compares people with ADHD to hunters and people who do not have ADHD to farmers. While many adults with ADD would not make good farmers or money managers, it is still important to know how to grow your own food and to grow your own money. If you have other people who are helping you to grow your money you still need to understand if they are doing it properly. There are four basic areas that you need to understand before you c…
How To Invest Your Money By Doing The Obvious!
I was busy baking cookies and washing up dishes when the phone rang. As I juggled dish towels, phone cord and running children the voice on the other end told me that she was a client from over a year ago and promptly started updating me on the financial status of their family. It was lots of great news on how they were out of debt, they had only their house to pay off and they were steadily working on increasing their savings.
Good Money Management Builds Credit/protects Assets
You should consider how to build credit using good money management skills today. Your first step is to keep a record of outgoings and use a strict budget that you can stick to. Bankruptcy and debt consolidation may add more costs to an already bad situation. You will have to deal with more expenses, high interest and repayments that may not be enough to satisfy your creditors. This can be stressful and worrying.
Good Money Management Is The Only Way Out Of Debt
Establishing a budget, keeping on track with it and keeping record of all of your expenses is the real solution for rebuilding and repairing your credit once it has been damaged. Don’t be tempted to file for bankruptcy; you will only ruin your chances for the future. Even the solution of a debt consolidation loan will only add more and continued debt burden. You have to pay interest on the loan, and you will just be worried about making it until it is finally paid off. The b…
Good Money Mangement Skills Are Key
The mortgage loan that allows you to pay off your debt and then get into more debt with overspending is a very bad choice. This interest only mortgage could help some people, but more often than not will encourage people to spend more money than they really have to spend.
Graduating From High School To College With Little Or No Financial Direction
This is the day that you have worked hard for, to graduate from high school. For some it was easy to get through high school and for others it was some hard work. Either way, more than likely you have been in school for twelve years and what one thing did you not learn? Money Management!
Financial Planning: Get Answers About Bankruptcy Before Its Too Late
The very word “bankruptcy” puts fear into many people’s hearts. For years, the word has been equated with being destitute, being unable to pay bills and being financially insecure. But is that all that bankruptcy is about? The truth of the matter is that many people simply don’t understand what bankruptcy really is. For many people, bankruptcy is a way out of a bad situation and a hand up when they need it most. It is also a life changing experience. These questions and answe…
Attain Great Money Management Skills
Its not hard to get yourself in a hole that requires bankruptcy to bail you out these days. All of the expenses in our lives, plus the debts from loans big and small, credit card bills, and other miscellaneous debts add up and create a helpless stress. You feel like the only way out is bankruptcy.
A Lesson In Money Management
Things have gotten pretty bad when it comes to managing credit card debt in our borrowing nation. When a credit card company, or a mortgage company is encouraging you to go into debt even more by paying off a debt just to get into another, you know were in trouble.
How to Manage Your Money When Working Overseas
How to manage your financial affairs easily and effectively when living, travelling or working abroad.
Filing For Bankruptcy
Bankruptcy should be seen as the last resort for people who have got themselves into too much debt. It may seem the answer to all your prayers but bankruptcy is only able to solve certain debt issues. Remember, if you have filed for bankruptcy you may find it difficult to obtain credit in the future unless your bankruptcy has been cleared, or discharged for a number of years.
Bankruptcy is very good for wiping out credit card debt. Unless you have a special secured credit …