Did you know that the average household debt is over $15,000 in credit cards alone? So, what are the solutions to the growing debt problem? Here's our list of 5 ways to cure your tendency to acquire debt and to instead strive toward debt free Christian living.1. Stop SpendingIt's true that you must spend money to survive, but many of us have fallen into a habit of consumerism. We head to the mall for entertainment on a rainy day, we eat out...more
Too often, people try to ignore their financial troubles in the hope that they will just go away. This article can help you better manage your budget. Do not allow your personal finances to keep getting on top of you!It's important for your broker to be someone you can rely on. Check their references, and ensure that they tell you everything you want to know. The experience level that you bring to the table is also important. Think about how you...more
Debt is an unavoidable part of most people's lives and even essential part of business operations. If used well, debt would allow people to accumulate wealth through property ownership and allow companies to grow by investing to projects that return more than the cost of debt. Unfortunately, life does not go according to plan sometimes.However there is a different side to the debt problems many people facing. This is mostly to do with personal spending. In good times, people accumulate debt like there is no tomorrow. According to reports "Americans owe more than $2 trillion in creditor debt, not including home mortgage loans." This averages out to approximately $20,000 per citizen. At good times consumers were encouraged to rely on credit, because spending is the engine of economic growth.So people facing debt crises are not alone. Some will learn their lesson fast and get control over their personal finance, some will go as far as bankruptcy. For those who want to take control and start the long road to recovery, there are a few ways; The first step requires thorough review of income and expenses. When expenses are more than earned income it is time to engage in budgeting and stop...more
Money affects everyone. Either you have too little, just enough, or so much that you let your money get lazy. Money gives us a feeling of self-worth, drives us to work harder, or provides the chance to relax and get away from it all. No matter what your opinion on the green stuff, it"s essential that you make organization of your finances one of...more
401K Withdrawal Steer clear of Tax Debt When You Have Competent Tax Support In case you place funds straight into your 401k package, you don't need to pay taxes, nevertheless, you have to try to remember your tax obligations when you're thinking of distribution. When you are struggling with debt with no technique to pay it off, it's...more
How to Manage Money and Eliminate DebtDashing through the mallswith credit card in handbuying big and smallI don't understand I wish I had more cashbut my credit card I'll useI spend it in a flashOh, I have the holiday blues Oh, Jingle Bells my...more
The basic banking services provided by retail banks to the public include the following: Saving Transacting CreditWhen deciding on a retail bank , one should look out for the following to ensure that they nurture a relationship with a bank that is...more
Money may not buy happiness, but it can sure make day to day life a lot easier. Fewer monetary concerns allow us to sleep more soundly and feel less stressed. Scores of individuals do not have a good grasp of their finances, and financial difficulty...more
Given the current state of the economy, personal finance should be of the utmost importance for each of us. You don't need to be rich to invest and regardless of your net worth, taking care of your money should be important to you. The tips in this...more
You want to be conscious that loan companies will still charge a higher price if you have bad credit instead of good credit other than at least here are options where you can check before committing to a poor loan contract.It is a hard marketplace to...more
The Financial Times reported that "Warren Buffett, the billionaire investor and Kraft's biggest shareholder, has attacked the US food group's £11.6bn ($18.9bn) agreed takeover of Cadbury, saying it was "a bad deal that he would vote...more