Before we get to the good reads! Check out this beastly resource on how to get a good domain name, and let me know what you think. A Few Good Reads Here are a few of my favorite reads from the past week. 1. The psychological perks of paying off debt: Debt is a drag. Not only on your credit score, but also on your psyche. It’s a dark cloud that lurks over many corners of life, casting a shadow over your confidence, ambitions and relationships. (more…)
A Few Good Reads Here are a few of my favorite reads from the past week. 1. Which Debt Should I Pay Off First? You’ve just come into a little bit of money and you have decided that you want to pay off one or more of your debts. The problem is this…you’re not sure which one to pay off first. Conventional wisdom tells you that you should choose the debt with the highest interest rate because it’s the most expensive to service. Open this article (more…)
A Few Good Reads Here are a few of my favorite reads from the past week. 1. Debt ceiling drama returns: Warnings from the White House, Wall Street and the world economic community be damned: Debt ceiling drama is back. The rapidly approaching fight over lifting the nation’s borrowing limit won’t only pit Republicans against President Barack Obama but also pit Republicans against Republicans. Open this article (more…)
Credit cards are something that borrowers must be very careful with. It is so easy to get carried away with your spending and end up mired down in unmanageable debts. However, if used appropriately, credit cards can offer plenty of opportunity to get more from your money. One of the best ways to make the most of your credit card accounts is to have different cards for different types of purpose. The main reason behind this is that various cards offer different rewards depending on the type of purchases you make. Let’s take a closer look at how this can...
There are many different ways to approach dealing with debt problems. For each person, it will be down to their individual circumstances and the amount they owe which path they choose when working to clear their debts. One option that you hear a lot about is debt consolidation. This is where a number of unsecured debts can be paid off at a stroke by taking out a new, larger loan that will cover all the smaller debts. This is a debt consolidation loan and is one way to manage debt. Benefits of Debt Consolidation Debt consolidation can add clarity to...
What does national financial literacy month mean to you? Well for my wife and I, we have set up a plan to pay down some of our debt. We have accumulated some debt over the past few years. It was by choice so that she could stay home with our two beautiful children. I wrote a post the other day asking you to take a moment to review your situation because April is National Financial Literacy Month. Did you take a few moments to see where you stood? Are you going to do anything about your situation? Our goals are...
