Your credit score is one of the most vital pieces of information that companies can hold about you. It is used to determine all manner of things – from whether you can get a mobile phone contract to buying a house. Which means that having the best score that you possibly can is important. Thankfully […]
The importance of automobiles cannot be over emphasized and it is basically impossible to imagine a world without one. They help make the world go round and a life without them is tantamount to “unpleasant”. Be you a lad, a college student, a university grad or a regular man; you will have probably fantasized about […]
Money at university is a very fragile thing. You need to keep an eye on every last penny and absolutely every penny counts. Keeping an eye on your student loan is a very good way to keep your costs down, so we’ve compiled a list of some of the best money saving tips for when […]
If you consider budgeting as a regular practice, you will see that your finances will improve. Having a budget will teach you self-control and discipline, and this will help you a lot in avoiding debt. Budgeting is, likewise, one of the effective ways to get out of debt. Once you’ve learned how to budget your […]
Update 15 November 2016 With the economy being in the condition that it is currently in, more and more individuals are beginning to have financial troubles and require the help of debt counseling services. When the economy declines, so do the peoples’ finances. Due to the conditions the amount of people that rely heavily on […]
We all experience times when we get into debt – or, at least, more debt than we are comfortable with. It could have been an emergency situation like needing to pay for repairs to our home or needing to buy a new car to get us to work. But often enough it can be put down to bad spending habits – it is so easy to be tempted into spending more than we can reasonably afford, especially when we have some spare capacity on a credit card. But then the reality of having to pay off that debt hits hard and what we have to show for it is probably very little in the greater scheme of things.
Budgeting effectively requires steely determination, avoiding the shops and avoiding online shopping, especially late at night when we can make irrational decisions. It means only buying what you really need not all those extras that are not essential.
Personal finance as a term wasn’t brought up or even talked about amongst friends while I attended college 2 years ago. In fact, I only remember it vaguely discussed by professors. Many people in college have the responsibility to create their own income, to remain in college. Study full time, work part time, social life-no time. That time spent earning their way, whether it was for school or to have money to go out with friends, it was a meaningless burden to me. People like this understood personal finance better than I did after 4 ½ years majoring in Accounting and Finance.
It seems there are plenty of companies offering debt consolidation and it can be a tempting proposition to gather all your debts into one place (so much easier to manage) while at the same time cut the amount of interest you are paying overall – what’s not to like about that?
Debt consolidation is, quite simply, about reducing the amount of interest you pay on all of your debt – so loans but also credit cards. Maybe you took out expensive loans a while back when interest rates were higher or your credit score was not as healthy as it is now. Maybe you have borrowed up to your limit on an expensive credit card?
You may be saving money by earning your education at a well accredited college, but that doesn’t mean that you know how to manage your money. If you want to build credit rather than put yourself deeper into debt while you’re in college, then you’re going to need to know a thing or two about […]
Business people and individuals often find it more advantageous to apply for loans from lenders than mainstrean banks – why are certain lenders better than borrowing from a bank? There are a number of commonly cited reasons for this trend, one that’s become quite pronounced since the financial crisis several years ago – a […]
When it comes to borrowing money, there are many alternatives at our fingertips. One of the most important decisions that you will have to make in this area is whether to opt for a secured or unsecured loan. These are different in several ways, making them more suitable for certain types of people. Here, we […]
Traditional home buyers will quickly discover that while owning a home may cost less and be a better investment than renting, the process of buying a home can actually be quite costly. Most lenders require a down payment to be made, and if you’re like most people, you’re working as much as you can and […]
The numbers suggest that around half of all American households carry credit card debt, with an average outstanding balance of $20,000. If this includes you and you’re spending sleepless nights wondering about the ways in which you can rid yourself of overwhelming debt, you need not fret as you are not alone. We know that […]
Having a certain amount of debt is pretty much normal these days – many people have a home loan, car finance and a couple of credit cards. Often we don’t even think about that being debt – it’s just the way we live. But it’s when we start to struggle to meet our repayments that […]
The financial markets still seem to be on a bit of a roller coaster ride; just when we think things have calmed down some more bad news crops up. An economic slump will always have a negative impact on people from all different walks of life, whether they are millionaires or just coping financially month-to-month […]
When it comes to finding the best debt solutions there are a few essential aspects that need to be taken into consideration. Owing to the high demand during these tough economic times, a number of very effective debt management professionals have started offering their services to consumers. These service providers are responsible for helping people […]
Money problems arise everywhere in both personal and business situations. It is tough to manage the financial side of things while running a business. Even global companies face this problem at some point in their life and to tackle budget issues every company needs to plan in advance for their future needs. If you are […]
These economical household money management tips I am about to share with you will help you keep more money in your wallet. When it involves family money management, these are straightforward approaches that my family uses. In fact, speaking from experience, if you begin to put these money saving tips to use, you’ll be pleasantly […]
Even a low-income earner can become financially wealthy; studies show that the correlation between income and wealth isn’t as direct as previously thought. The tale of a not-so-popular retiring lawn mowing man becoming a millionaire intrigues many who hear it. People wonder and get surprised when they hear his story but how he made his […]
You may have noticed that these days there are so many companies offering debt consolidation services to “cut your payments in half”, “reduce your interest rate,” and “speed up your freedom of debt”. Basically, the debt consolidation is an effort to change some high interest loans into a single loan with an interest rate that […]