Are you somebody who struggles each month to pay all of the bills? Are you in debt? Are you looking for ways in which to reduce your level of debt? In this article I write about ways in which we can control and reduce our debts which I hope will prove beneficial to people who read it.A few years ago, I found that I was not earning enough money each month to pay for all of the direct debits, standing orders and loans that were being...more
A comprehensive plan is being offered by Obama to help individuals get out of debt during this difficult economic period. As a result, many people don't understand that the government is giving out money to individuals in order to solve debt issues. However, more people are realizing Obama's plan to help people get out of debt. So how exactly is the government making it easier for you to get out of debt? With the widespread...more
In these challenging economic times it is very important that we make the right financial choices that will help improve our financial situation. We cant afford to maintain the extravagant life styles that we once lived. We have to do away with all the unnecessary luxuries and stick to the necessities. Here are a few suggestions on how we can improve our current financial situation.1. With the high gas prices, try to take public transportation whenever possible, and if you have to drive to work, set up a carpool. This will help cut down your fuel expenses.2. Buy generic prescription medication instead of name-brand medication when available. Ordering prescription medications by mail, or online and signing up for a discount prescription drug plan will save you a whole lot of money on your prescriptions. 3. Diversify your sources of income. The days when you could just rely on one job to meet all your financial needs are gone. Now youve got to have a back up financial plan. If you work for someone else, you might want to consider starting a side business such as selling Avon, Mary Kay or something like that. Or you could use whatever skills that you have to offer a service to others....more
In these tough economic times its very crucial that we develop a habit of saving. We can start doing this by making small changes in our lifestyles, which will significantly help in cutting down our current spending habits. We have to stop spending money on things that we dont need, but just want. All that unnecessary spending is a luxury that we...more
There are few essentials in life and clothes, along with food, water and shelter, is one of them. While the majority of our daily food and water supplies are sourced locally and we have a fair idea of the source of our housing supplies, clothing is something we generally accept has come from overseas. In today's multi-national...more
Make your debt free plans today and follow the path to stay debt free. Having a good plan in places helps you to avoid the pitfalls of having to pay the ridiculous high interest rates that credit card companies put on consumers these days. Three steps can help you to have a plan of action to keep yourself on track and in helping to reduce credit card debt. Step OneWrite out all your bills on a list. Beside each bill put the total amount owed, the minimum payment and then the interest rate. Try to list the largest debt at the top. This will give you a good overview of what you owe. Step TwoDecide if you want to pay off the smallest debt first or the debt with the highest interest rate. Whichever you decide, make a new list with the one you want to pay off at the top, followed by the next in line and so on. The top bill will be the one you pay extra on each month. Pay the minimums on all others. Decide how much extra you can pay on the top bill. Even if it'sjust $5 or $10 over the minimum, at least it's a plan working towards getting out of debt. Once the top bill is paid off take the same amount of money you paid and apply it towards the minimum of...more
What is an arrow nock?The arrow nock is the simple but essential part of the arrow. It is the fork-like part that comes into contact with the bowstring, serving as the direct conduit between the energy stored in the bow and the arrow as the deliverer...more
Copyright (c) 2010 Sherry TingleyManaging your debt is a critical component to attaining financial security and getting that peace of mind that you deserve. According to the National Foundation for Credit Counseling, many Americans are...more
A recession in the economy is bad news, right? Wrong! A bad economy is not good for your finances, right? Wrong! This may seem contradictory but it is true. When your economy is in recession, it is the right time for you take steps to...more
In a recent government study that was done, it was found that fully 85% of people who had 401K tax differed savings plans have made no adjustments to their portfolio for the past five years. What makes that fact so astounding is that even as the...more
How beneficial are credit cards for students? Are these just tools for purchasing books and school supplies or is there more to student credit cards? If youre a student, how can you make sure that you will not experience bad credit problem from...more
Mistakes are made with money everyday by everyone when it comes to personal finances basics. The wealthiest people in the world make mistakes, the middle class makes mistakes and the poor make money mistakes. Therein lies the biggest problem. The...more