Debt is something that happens to almost all of us. Between student loans, mortgage payments, car payments, etc, dealing with debt is something that we all have to figure out how to do. The key is to learn the skills necessary to avoid debt as much as possible. Learning how to use debt properly and […]
Don’t Drown in Your Own Debt! Read More »
Financial arguments are common in relationships – spouses are often on different wavelengths regarding spending and budgeting. As a matter of fact, financial arguments are one of the most common forms of disagreement. One spouse may be extremely frugal, while the other spouse considers shopping a hobby. Of course this difference in views can create
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Having a credit card is handy, especially if you are away from home and blow a tire or a fan belt breaks or some other emergency! However, everyone that has a credit card runs the risk of racking up a significant debt.  Credit card debt can quickly spiral out of control. Sometimes it feels like the credit card companies will
Using Credit Cards without Getting Into Debt Read More »
Finishing university and starting a new phase in your life is an exciting time when you leave behind the wild days of your student life and embark on a career. This also is the time when reality hits you and you realize that you have a hefty student loan to repay. It can be disconcerting to look
The Quickest Ways to Pay Off Your Student Loan Read More »
Recently we’ve been discussing bankruptcy but in the U.K. there is an alternative called an Individual Voluntary Arrangement or “IVA” which is a formal alternative for individuals wishing to avoid bankruptcy. Basically it is a structured repayment plan which may allow partial foregiveness of your debt. How an IVA Works The debtor’s income (A) and
Can I Overpay My IVA? Read More »
When the stock market is on shaky footing it’s usually a good time to look into non-traditional investments. While most people think of investments as stocks and bonds, an investment is really anything you put money into in hopes of making more money later. There are many types of investments that you can put your
Wise Money: Six Investments To Consider Read More »
Credit is crucial. In fact, your credit score determines your ability to procure auto loans, credit cards and home mortgages. Some might say that it can make or break your financial future. Main Credit Scoring Agencies There are three major consumer credit reporting agencies that operate in the United States: Equifax, Experian and Transunion. When a lender considers
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Government vs. Personal Debt- It is easy to say, “Expect the unexpected.” Tell that to the famous financial institutions that were either swallowed up or disappeared completely during the crisis created by Collateralized Debt Obligations (CDOs) a few years ago. Not only did the bosses not see the problems coming but the staff were astonished
Overspending Solutions- Government and Personal Debt Read More »
Are you in debt? Even if you’re not now, chances are you will be at one time or another at some point in your life. If not properly handled, going into debt can become financially burdensome and extremely stressful. The good news is that there are many strategies that you can employ to help in paying
5 Excellent Strategies for Paying Off Debt Read More »
Earning More Money… How much more money would you have to earn to get out of debt? 1%, 5%, 10%? Almost everyone who is in debt says the same thing… no matter how much they make it is the same… if I only earned 10% more money I could get out of debt. But the fact is that
Earning More Money is Not the Answer Read More »
Your First Credit Card Why You need One You might be wondering why you would want a credit card when we hear so much news about how bad it is to get into debt. Well, not all credit is bad. In fact, it can be just the opposite. Credit cards are now a part of
Your First Credit Card Read More »
Debt: Don’t be Liable The term Power of Attorney (POA) is often used to refer to the capacity of “attorney-in-fact” which allows one person to act as an “agent” for another person. Unfortunately, a power of attorney ends when the person granting the power to another becomes incapacitated. In order to allow the person to continue acting on your behalf
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