There are 2 schools of thought with respect to credit card debt. There are those who tell you to reduce it and yet others who state that you should manage it. Let us consider both options.
If you were to take the path of reduction then you will work toward making the balance disappear. You can [...]
Tags: credit cards, debt
Filed under: Money tips | No Comments »
Recently I was reading about the changes to the laws relating to credit cards in the US. The article was aimed at informing as to the implications of the laws that come into effect in 9 months. Of course the laws are meant to protect the consumer from the rising changes imposed by banks. However [...]
Tags: credit cards, debt
Filed under: Money tips | No Comments »
Do you have any idea that you are in debt? Not being able to meet the minimum monthly payments is the first way some people realize they are having problems. To avoid being in this undesired predicament, you should take stock of your situation every 3 months. Tally all of your debt including credit cards, [...]
Tags: debt, personal finance tips
Filed under: Money tips | No Comments »
I love to read. It is one of my passions in life. So what does this have to do with money?
Well I was recently re-reading a motivational classic by Will George Jordan, The Kingship of Self-Control, when I was reminded that it is the litlle things that we do that reap us the greatest benfits.
Still [...]
Tags: debt, mental power, repayment
Filed under: Frugal Tips, Mental tools | No Comments »
Most of us, myself included, seem to find ourselves at some point in our lives being in a cycle of debt, comfortable living and back into debt. This is repeated for years and unless you understand the cause of the cycle there is no way that you can break free.
To get to the root, you [...]
Tags: debt, money, spiritual
Filed under: Money and Spirituality | No Comments »
So you’re in debt! You’re applying the frugal tips to your life and you just don’t know what else to do. Well you can get another job that takes you away from you home and family. And of course if you have small children you will need to get someone to look after them and [...]
Tags: debt, money
Filed under: Frugal Tips | No Comments »
Many people think that they are too far in debt to consider creating an emergency fund.However this is an important part of moving from debt to a position of comfort and wealth. You can do wonders for your financial life with an emergency fund!
Everyone knows about this, however how many of us actually practice this?
So [...]
Tags: debt, finance, money
Filed under: Frugal Tips | No Comments »
It seems that there are pills for everything. I recently read that scientists are considering a pill for obesity. What next? A pill for debt!
While I think that pills are the wrong way since the problem is being addressed rather than the root cause, there are solutions for everything in life. Yes, there are solutions [...]
Tags: debt, money, saving
Filed under: Frugal Tips | No Comments »
