All Entries Tagged With: "Debt"
Back To Basics: 79+ Brilliant Budgeting Resources You’ll Love
A budget is the foundation of a solid personal finance strategy. It is the plan that tells your money what you want it to do. Without a budget, you flounder financially. With a budget, every dollar that you make has a job that you assign. Budgets are not limiting or restrictive because you decide how the money is allocated. However, budgets do reveal to you exactly how you’re spending or wasting your money which many of us do not want to face. Creating a budget is a necessity if you want to succeed with money.
Back To Basics: Establish A Personal Finance Emergency Fund
There are always unexpected emergencies that pop-up in life costing us money. Why are we usually caught totally off guard by these financial crises? When it hits the fan, so to speak, and we don’t have any cash to handle it, we often resort to using credit cards. This generally means that we end [...]
Back To Basics: Debt-Free Is The Path To Financial Success
The goal is to get ahead with our money and start experiencing more success with our finances. We want to return to the basics of financial wisdom to learn how to accomplish this. One important way to achieve any financial goal is to observe what other successful people have done to win with their money. [...]
Is It Fair For You To Be Judged By Your FICO Score?
Your FICO score is your credit score. According to the Fair Isaac Corporation that computes your score, "FICO® risk scores rank-order consumers according to the likelihood that their credit obligations will be paid as expected." FICO scores are recognized almost universally as the standard in judging a person’s credit worthiness. However, these scores are not [...]
Are Banks Responsible For The Credit Crunch Many Are Feeling?
Higher prices and lower home values are contributing to the credit crunch that many Americans are feeling right now. I saw a story this week on ABCNews about a guy who owes $78,000 of debt at least part of which is on unpaid credit card bills. According to the story, he repeatedly accepted new credit [...]
5 Do’s and Don’ts Of Living The Good Life For New Grads
All new graduates want to live the good life, don’t they? Remember the Monster.com commercials that aired several years ago with kids saying things like, “When I grow up, I want to file all day.” and “I want to claw my way up to middle management” and finally “I want to be paid less [...]
Are You Really Free Or Are You A Slave?
Living life to the fullest is an incredible balancing act. It is like walking a high-wire at the circus. It takes a lot of practice to get things just right. If you lean too much one way or another then you’ll lose your balance. The trick is to find that equilibrium between the hard work [...]
How Much Money You Have Defines Your Life
Life takes money. How much money you have defines the kind of life you lead. Now I certainly don’t believe that money is the most valuable thing in living a great life, but it sure makes a big difference in a lot of ways. If you lack money, then you often lack access to many [...]
