The Debt Trap Debt is a four letter word that everybody should be afraid of. Whether it is the result of bad spending habits or unexpected circumstances like medical bills or job loss, debt can prove strenuous for you. Especially, in the current financial climate, it’s not unusual for people to get trapped in the […]
Getting Out Of The Debt Trap Read More »
In Debt? With the recent economy in the condition that it is, loans and debts are multiplying by the day. These days people will get into debt to buy almost anything. Buying a car or a home? You can get a loan. People even get loans for appliances, furniture and big screen TV’s. People think, these loans replace having ready-cash. But more
Free Yourself From Debt Read More »
What is a Credit Utilization Ratio? When it comes to your credit score, we all know that things like your account and payment history are factored in. However there is one important component that most people aren’t even aware of – your “credit utilization ratio”. In a nutshell, it is the percentage of available credit which you
Credit Utilization Ratio and Your Credit Cards Read More »
By Tim McMahon, editor I just recently received a email that made me mad. I get extremely upset when I see bad financial advice being palmed off on an unsuspecting public. What made me so mad? It was an email with the subject line:Â “The answer to getting caught up financially is here.” Sounds interesting
Bad Financial Advice Abounds Read More »
Money management is an important life-long skill to learn. As parents, it’s your job to teach them the skills that will benefit them as they become adults and learn to manage their own households. Although it may seem like a complicated task – I still have trouble understanding concepts like dividends, compound interest, and capital
Teaching Your Kids about Money Read More »
By Tim McMahon, editor If you are one of the millions in debt, then you are no stranger to the harassing calls from creditors at all hours and the burdens related to being in debt. Some may say good credit doesn’t matter… but sooner or later a time will come when you will hit a
Managing Debt for a Better Tomorrow Read More »
If, like many people, you have outstanding bank loans or credit card debt, you may worry about these bills, but there are ways in which you can alleviate this tension. In this article we are going to show you 3 simple steps which will help you to overcome the stress of paying back what you
3 Simple Steps to Pay Off Your Loan or Credit Card Read More »
By John D. Schultz Last month, my church had a several part series on finance. It really got me thinking about how I manage my finances. I thought I’d share a bit of my experience, and some changes I’ve made to my life. Maybe they can help you. Or, maybe I need some guidance. Either
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Are you having trouble every month paying the bills? If so, you will have to get out one way or another. Your debt needs to be managed and you have to seize control. The fastest way to do this is by debt consolidation. Lenen doorlopend krediet explains how the Dutch solve this. Will your credit
Does Debt Consolidation Damage Your Credit Score Read More »
I recently heard about a couple that needs financial help. They are in the real estate business and not surprisingly due to the real estate crash, their income has dropped significantly in the last two years from $10,000 a month to $5,700!
Help! Our Mortgage Payment is Too High! Read More »
