A good money management program is successful if it’s able to break a long and complex journey into manageable stages. People need to see progress, and it needs to be measurable.
Over the years, I have read as many books about money management as I could lay my hands on. A lot of them had […]
For most people, the answer to this question is “YES! Obviously!” Having one parent stay at home can be quite the sacrifice for the entire family.
Despite the popular myth, many stay at home moms do not have husbands whose jobs pay extremely well. Many live on an extremely tight budget. And while sometimes staying at […]
The US and the UK is now facing the collapse of the wave of credit it has been riding for years. Banks, credit card companies and short sighted lenders have all played a role in creating the conditions for this crisis to occur. The pace of lending has been unsustainable and we are now paying […]
What is the worst situation for a person that is trying to manage debt? Undoubtedly when all what you do did not work out and now you deal with your creditors in court, there is no debt management program that can assure you success and getting you debt free, you need to accept that sometimes […]
In July 2008, The New York Times posted a large interactive chart showing that debt levels in the US have reached more than $100,000 for some consumers. It’s hard to decipher who the post was describing. That is, it’s unclear whether the chart was talking about the average household, homeowner, or consumer. Regardless, the […]
A complaint I hear very often from working friends with kids is that they can’t afford to have one parent stay at home. They need both incomes in order to meet the car payment, mortgage, food bills, daycare and so forth. And some of them are right. Others just need to rethink things.
Daycare, for example, […]
When consumers get in over their heads in debt, many of them turn to some form of unsecured credit card debt consolidation as a method dealing with mounting bills. Unfortunately, the debt consolidation process can be extremely confusing for the average person.
Few consumers know what their options are when it comes to consolidating unsecured […]
There are typically 6 stages in the development of any endeavour. Successful businesses follow this - and they can easily be converted into personal finance terms. In fact, running your personal finances like a mini business will ensure your way to creating lasting financial freedom.
The stages consist of:
1 Beginning your endeavour
2 Correction of any […]
College education is important to everyone. However not everyone has the capability to enter college because of the lack of financial aid. This is where private student loans take place.
Private student loans are being granted by banks and other non-profit financial institutions. This type of student loan can build a bridge to finance additional […]
Today’s high gas prices are giving many of us added incentive to go out there and find ways to reduce our spending in order to be able to balance our budgets and reach our financial goals (even if said financial goal is simply survival). But some money-saving measures are harder to implement than others, thus […]
