Recent Money Blog | Debt Reduction PostsShort Sale?by Debbie Vasen29 Sep 2007 11:51 AMUnfortunately many home prices are starting to drop across the country. The real estate bubble has officially burst. In addition, the past 10 years saw record numbers of re-finances, home equity loans and lines of credit. Should You Borrow as Much as You Can?by Miriam Caldwell25 Aug 2007 08:44 PMWhen it comes to taking out a loan for your house or for a car, the bank will give you an amount that they are willing to loan you. Many people mistakenly think that banks would not risk giving you too much money, and go ahead and borrow the entire amount. Paying Aheadby Miriam Caldwell24 Aug 2007 09:05 PMHave you ever paid extra on your loans? Generally people just simply add extra money to their check and figure that everything is going to work out fine. One common misunderstanding is that the people need to specifically apply the extra to the principle of the loan. Paying off your Mortgage Earlyby Debbie Vasen21 Aug 2007 10:51 AMHave you ever considered whether you should try and pay off your mortgage early? Many people have. But, a mortgage is different kind of debt than most... so it is good to evaluate all the advantages and disadvantages before you make that leap. The first consideration is other debt. Thoughts on Debtby Debbie Vasen03 Aug 2007 06:16 PMGiven all our recent discussions on credit cards, I felt it was only fitting to also discuss debt. In today's credit-charged world, our "dreams" are often only a charge card away. Net Worthby Debbie Vasen30 Jun 2007 08:14 PMHave you ever taken the time to figure out your net worth? Most people haven't, but it is an easy formula and often quite interesting. Your net worth is a snapshot into your current financial picture. Debt Free! Now What?by Miriam Caldwell24 Apr 2007 06:39 PMIf you are close to paying your debts off completely or just recently have, you may be wondering what to do next. It is true that you can start to live a little more comfortably. However, it would not be wise to fritter away all of that extra money in your budget. Adding It All Up--How Much Debt Do You Really Have?by Miriam Caldwell27 Feb 2007 09:23 PMHave you sat down and actually added up how much money you owe to creditors? This can be eye opening to people. You may want to leave out your original mortgage, but if you have a home equity line or second mortgage you should include that amount in your total. Holding off the Creditor and Collection Callsby Michelle Vandepas15 Jan 2007 03:08 PMIn debt and over your head? Make sure you open communication with all your creditors. Call them, write them and inform them that you will be paying them off, but that ou need extra time. The key is to initiate the phone call, don't wait until they have to start calling you. Can You Borrow Your Way Out of Debt?by Miriam Caldwell15 Jan 2007 02:33 PMHave you considered borrowing your way out of debt? It sounds silly, doesn't it? You are borrowing money to pay off your debt, so are you actually getting anywhere. Recent Blog Comments |
Money categories |
"Nice thoughts added.. Shelly Smith.. ---------------------------------- wow gold"
In Mutual Fund Terms