Tag Archives: debt
5 Financial Goals & New Year’s Resolutions You Can Actually Keep
**Today’s guest post is contributed by Money Crashers **. New Year’s resolutions are notorious for being declared at the beginning of the year and dropped or forgotten by February. Along with losing weight, one of the most common New Year’s resolutions is to turn around your finances and grow wealth. I’m not a big fan of the term “resolution” to begin with. I prefer to think of them as New Year’s “goals,” because they are what we work towards throughout the year. Therefore, even if I haven’t made big strides toward a goal early in the year, I can still catch up and accomplish it by December
Posted in Credit Tips Also tagged a-big-purchase, credit, credit cards, creditors, facebook, finances, money crashers, new years resolution, year Leave a comment
Not In Their Debt: The Problem With Cash Back Cards
**Today’s guest post is contributed by LearnVest **. Cash-back reward programs on credit cards aren’t too good to be true—in truth, they’re inspiring more debt among their users than rewards of cash. Debt Now, Cash Soon. A study run by three economists and mentioned in the Wall Street Journal found that among 12,000 credit card accounts, those users offered cash-back rewards not only spent more, but assumed more debt as well. From the Journal : The extra debt could mean two things: People spent more overall or they shifted spending to their cash-back rewards card from some other card in their purse or wallet
Posted in Credit Tips Also tagged cash back, credit score, credit-card, financial, journal, people, personal finance, purse, study Leave a comment
How Do You Spend Money? Your Spending Personality Type
**Today’s guest post is contributed by LearnVest **. It’s a natural impulse to compare ourselves to others (Is her computer faster? Does her salad have more croutons? Does she, uh, make more money than we do?) Over and over, readers will ask not just, “How am I doing?” but, “How am I doing compared to everyone else?” They want to know if they have more or less money saved up than other people their age, how their spending habits compare, and whether they are bigger spenders or savers than other people. So, we answer
Posted in Credit Tips Also tagged facebook, figure-out-what, google-buzz, guest-post, income, information, more-or-less, overspending, post-on-google, spending Leave a comment
Debt Consolidation and Bankruptcy
The decision to choose between debt consolidation and bankruptcy arises if you have reached at a point where you simply can not keep up the payments regularly then you might have to consider either debt consolidation or bankruptcy as a debt solution. Without having enough knowledge about each, it seems both are easy and effective to get rid of debt problems. Although both debt consolidation and bankruptcy has their own advantageous and disadvantageous, debt consolidation seems to be a better route when compared to bankruptcy because as most of the people think bankruptcy is the end of debt problems which is not the case. Debt consolidation means consolidating all unsecured debt from different creditors into one large debt amount. To consolidate you must have to sign a contract with debt consolidation service provider, who will arrange consolidation loan with which you can pay off all the debt with creditors in one go and pay monthly to debt consolidation service provider. With debt consolidation, the consolidator will manage to get you lower interest rate and monthly payments
Posted in Debt Management Also tagged a-contract-with, bankruptcy, credit-card, creditors, debt consolidation, information, people, permanent-link, site Leave a comment
Are You Overspending To Save Money?
**Today’s guest post is contributed by LearnVest **. With every news channel reporting that shoppers spent $45 billion this past Black Friday alone, it is more than clear that the power of a well-publicized deal gets Americans to spend some serious cash! This is seemingly great news for the economy, but what has actually changed for shoppers over this past year? The employment rate isn’t up, nor is the housing market—so why is spending this holiday season on the rise? Do Americans actually have more money to spend, or are they just overspending and racking up debt? Early Bird Bargains. Case in point: We ventured to the local GAP store at 6am on Black Friday with our friend Susan.
Posted in Credit Tips Also tagged black, creditors, facebook, google, holiday spending, housing, learnvest, news, overspending, past, power, purchases, really-relevant, shopping Leave a comment
How to Avoid Wage Garnishment
Find out how to avoid wage garnishment.
Posted in Debt Management Also tagged avoid-wage, expert archives, find-out-how, out-how Leave a comment
3 Big Trends In Consumer Credit Right Now
Every month, Credit Karma releases a Credit Climate report that is a snapshot of how healthy Americans are with their credit and debt. It’s an interesting look at what is really in consumers’ credit reports. Are we drowning in debt , are consumers still credit-crunching, and is your credit score on par with the national average? Our data gives us a glimpse. We sliced and diced the data into our most interesting, bite-sized chunks of what the credit climate was like in October. Here are the 3 trends in consumer credit right now that’s peaking our interest
Posted in Credit Tips Also tagged credit, credit score, credit-report, creditors, data, difference, facebook, holidays, life, news & trends, post-on-google, year Leave a comment
Debt consolidation is a good option for some in credit card debt
It was a time when applying for credit cards and granting a card from card issuer took only couple of days. With that convenience, many people showed interest in taking credit cards as many as possible as it is an easiest way to utilize credit without any hassles. Holding so many credit cards from different issuers, have scrambled your mind – right? In such situation, many people are not sure what bill to pay next, when is the bill due and the worst case is many people even do not know how you owe and what rate of interest is being charged over the debt. This scenario occurs particularly when debtor is holding too many credit cards. The most important thing one must do being in debt is to track the debt
Posted in Debt Management Also tagged a-better-way-, a-card-from, a-reliable-debt, cards, charged-on-each, credit, credit-card, through-out-usa, time, usa Leave a comment
Avoid Bankruptcy by Restructuring Your Business Debt