Unless you have more than enough cash at your disposal, you will definitely require credit during some point of your life. Irrespective of whether you're planning to buy a new home, a big-ticket luxury item, a car, or an apartment, your credit score ...
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7 Tips to Help Ensure Your Bills Are Always Paid On Time and In Full
As you probably already realize, you're going to run into significant problems if you're unable to get your bills paid in full. Late payments will cause your bills to double, if not quadruple. Simultaneously, there is a good chance that your credit ...
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Short Term Financial Solutions for Individuals
Many of us come across a time where we are so short of cash that we can't pay for the essentials. It may be because you had unexpected repairs or bills that had to be dealt with, it could be because of a problem with your wages, or it may be that you ...
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Debt Consolidation Program Pros and Cons You Need to Know
If you allow your debts to pile up, they can draw you into a vicious debt cycle. You can try to solve the debt problems on your own by implementing some severe austerity measures such as cutting spending to the bone, and selling luxury items to free ...
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5 Proven Ways to Crush Credit Card Debt
So you think the answer to finally pay off all of your credit card debt is to read dozens of great personal finance books. You've even considered going further into debt, wanting to hit rock bottom, with the hope that such a move would motivate you ...
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How to Know Which Bankruptcy Chapter Is Best for You
Nobody ever truly starts out dreaming of going bankrupt one day -- but sometimes it's a necessary evil. If the day finally comes when you decide to file for bankruptcy, the next decision is to understand the type of bankruptcy that best suits your ...
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4 Basic Habits That Keep Most People Mired in Debt
Being in debt is largely a matter of second grade arithmetic -- if we spend more than we earn then we'll get in debt; if we continue spending more than we earn then we're likely to stay in debt.
The solution is to reverse the equation: Instead of ...
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A Simple Budgeting Plan for Those Who Struggle with Discipline
Len reminds us regularly of the power, importance and necessity of family budgeting; and budgeting is a staple in his top five tools for the successful household CEO.
This article is not meant to replace the critically important family budget. ...
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Life After Debt: Simple Ways to Avoid a Vacation Debt Hangover
The most dangerous disadvantage of using credit cards while traveling is their inability to prevent a total loss of self-control when it comes to buying souvenirs for you, your friends, and family members. If you aren't careful, that holiday in the ...
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4 Alternatives to Cashing Out Your 401k When You Need Money
When you need money, whether it's to pay for your child's education, purchase a new home, or to pay your bills, it can be tempting to turn to your 401k. However, even if you think that you have plenty of time to pay back the money you borrow from it, ...
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5 Common Money Mistakes New Graduates Need to Avoid
Let me be the first to tell you that it's OK to make mistakes.
Financial experts will tell you that the first few years after graduation are the most important. They're right. Compound interest means that the money you save today in your early ...
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Share Your Smartest Money Decision and You Could Win $5000!
This is a sponsored article for Alliant Credit Union.
I'm sure there are plenty of money moments you've had in your life that you wish you could have back. I know I've had more than my fair share. In fact, I recently shared my ten biggest ...
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4 Smart Ways to Use Your Credit Cards While Avoiding Debt
We all want to have it all. We want to be able to live debt free but still maintain a great credit score. But having your cake and eating it too is widely believed to be impossible. I'm here to prove to you that it is, in fact, possible!
It's not ...
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Evaluating the Pros and Cons of 4 Common Car Loan Alternatives
In an ideal world we all want to be debt-free; and borrowing money is something that we all should approach with caution. However, when it comes to living a real life, very few of us will be able to escape borrowing money to finance a larger ...
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If You Can’t Live on $40,000 Per Year, It’s Your Own Fault
Awhile back I described ten common characteristics of debt-free people.
In that article, I specifically asked my readers to consider this question:
"Why is it that there are families out there with household incomes under $40,000 comfortably ...
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100 Words On: Why Excessive Debt Leads to Indentured Servitude
Taking on excessive debt -- and continuously spending more than you earn -- greatly reduces the wealth you can accumulate down the road. As a result, your options in the future become greatly diminished because you are essentially spending tomorrow's ...
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My State of the Household Report, Net Worth, and 2016 Expenses
I've said it before and I'll say it again: When it comes to money management, one of the most important pieces of information anyone can have is a detailed summary of where your household income was spent during the previous year. I've been ...
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100 Words On: Why You Should Never Ever Fear Credit Cards
Credit cards provide a safe and convenient avenue for short-term borrowing. When used wisely and responsibly, credit cards provide valuable benefits that cash simply can't including consumer protections, cash dividends and other rewards. They can ...
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An Overview of Ameritech Financial
This is a sponsored post from Ameritech Financial.
Ameritech Financial is a company that helps people with one of the biggest problems that currently exists: student loan debt. Student loan debt in the United States equals more than has grown to ...
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Quantifying the Enormity of the US National Debt in Pictures
When numbers get into the billions or trillions, they start to lose context.
The U.S. national debt is one of those numbers. It currently sits at $19.5 trillion, which is actually such a large number that it is truly difficult for the average ...
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