We all understand the importance of having a pension and making sure putting money aside for retirement is something that we do as soon as we can. The sad truth however, is that many thousands of people have had their pension put at risk because of advisors who persuaded them to move their money from […]
Financially, there may never truly be a “right time” to start planning a family, but you should not let that put you off. In the run up to maternity leave, and during it, there are plenty of things that you can do so that once your income drops you are able to take the time off […]
If you’ve gone a little overboard with your credit card spending you’ll be all too aware that while it’s easy to spend, it’s not so easy to pay off. But don’t worry because there are some surprisingly simple ways for you to manage your credit card debt and get your finances back on track. Increase […]
When it comes to deciding how likely you are to repay a loan on time, or even whether they should grant you a loan, lenders look at your credit score. This a three-digit number that can help them assess the risks of lending to you. The higher your score, the more likely they are to […]
With house prices continually on the rise, saving a deposit can represent a serious challenge to most first-time buyers. Rental properties don’t come cheap either, so the combination of high monthly rents and the high cost of living make it very difficult to put aside enough money for a deposit. Don’t despair if you think […]
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 […]
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 2021 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.
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 […]
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 […]
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 […]
This article will explain some considerations before you take out a debt consolidation, a step for rolling all your loans into one single bill (with a lower interest rate). At least you should consider several things below: You may have to consider some other options before taking refinance Examination of every debt consolidation loan You […]
You need to pay off some debt, but you’re not sure where to start. There are so many different opinions out there about how to get started. Here are some of the most popular ways, and how they work. The Debt Snowball Method The debt snowball was made up by the popular T.V. and radio […]
Your credit score will usually have an effect on how you qualify for loans, how you get better rates, among other things. I doubt any loan companies ever grant a loan without reviewing the credit history of the person. Therefore, if you have made any financial mistakes in the past, know that it will have […]
