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Debt Reduction Tips

Debt Consolidation, credit counseling, bankruptcy...

Why Debt Is Dangerous, Even if You've Never Missed a Payment

Posted In:  debt reduction  credit cards

Most people know that missing payments can be detrimental to their financial health and credit score. What they may not realize is that debt of all kinds carries a heavy price, even if that debt is within their means to pay. If you've never considered switching to a cash-only lifestyle before, here are a few reasons why you might want to consider it:Read the rest...

4 Warning Signs of Uncontrolled Debt

Posted In:  debt reduction  credit cards  banking

Cutting up credit cards

Most Americans carry debt. But how do you know when your debt has crossed the line from manageable to taking over your life? Out-of-control debt leads to stress and is the cause of many failed marriages. Take a look at these signs to determine whether your debt is out of control and, if so, what you can do about it.

 

1. You Pay the Minimum on Credit Card Balances.Read the rest...

A Simple Guide to Filing Bankruptcy Without a Lawyer

Posted In:  debt reduction

When you file for individual bankruptcy, the lawyer's role is to make sure you follow the proper procedures and fill out the paperwork correctly. It is possible to file your own bankruptcy claim without paying for an expensive lawyer as long as you take the time to research the rules and requirements before you approach the court.

 

File ProperlyRead the rest...

A Financial Lent? Expenses You Can Do Without

Posted In:  debt reduction

February’s truncated length earns it a reputation as something of an odd month, but then it also contains three of the year’s strangest celebratory days. February 2nd is Groundhog Day, a day so quirky that it warranted its own Bill Murray film. Then there’s February 14th, Valentine’s Day, a day so bizarre it spawns at least five romantic comedies inferior to Groundhog Day every single year. Finally there’s the event that falls this year on the 21st of February, Shrove Tuesday, a day so extraordinary it, well, involves the consumption of pancakes, and that’s about it.

 Read the rest...

Five Ways to Save Big Money in 2012

Posted In:  debt reduction

The beginning of the new year offers new opportunities to save money. By adopting a healthier attitude towards finances and spending habits, further financial burdens can be alleviated. Here are 5 recommended methods to saving money:Read the rest...

4 Ways To Help Your Budget

Posted In:  debt reduction  banking

As tough as the economy is these days we all are looking for ways to save money. Something that will help us all get to the end of the month a little bit more intact. When we are not looking to save a little money we are looking to make a couple of dollars wherever we can. I have rediscovered a few ways that might help everyone get over that financial hump a touch easier. The great thing is that most of my suggestions are also environmentally friendly.Read the rest...

4 Steps to Successful Money-Saving Habits

Posted In:  debt reduction

The secret to saving money is by creating a successful, good habit. The grand things in life are often just out of reach because of price. The only way you will obtain the items you want, vacations you desire and the financial freedom you deserve is through short-term sacrifice of saving money to gain the long-term benefits of reaching your financial goals. This article will share the four essential steps of building a great habit of saving money successfully.Read the rest...

Saving Money in a Tight Economy: 7 Wonders of Personal Finance

Posted In:  retirement  debt reduction

Those in the personal finance industry can come up with some very creative thinking from time to time on different ways to better your fortunes. A little while back, a fellow posted on is website about how he managed to save $1,400 a month simply by moving house.Read the rest...

Not all Debts Are Bad

Posted In:  debt reduction  credit cards

One of the main problems with today's economy is that most Americans are in over their heads with debt. Credit card interest rates alone make up a huge chunk of the debt many consumers deal with from month to month. Many people are making car payments that last longer than the car they bought with the loan. With all that red ink, does the old idea of "good debt" still make sense?Read the rest...

Saving Money: Get Your Passive Spouse Involved in the Finances

Posted In:  debt reduction

Spouses can be passive in many different ways. A husband who is actively involved in helping to raise the children might be passive when it comes to handling the household finances. While there are some benefits to one spouse taking care of all of the financial organization and decisions, the potential strain on the relationship when one partner refuses to participate in the finances can be extremely damaging.Read the rest...