When people can no longer cope with increasing levels of personal debt, often accrued over time by using several credit cards, one of the best ways to get out of this situation is by consolidating all of their existing debts into one monthly affordable sum. Usually, this is in the form of a lower costing loan. However, this is not…
We are living in a society of consumerism. Prices can skyrocket, and demand can multiply. The only thing that remains static/the same is your income. How do you survive in a consumer society keeping a control of the expenses? Personal finance is all about planning your finances. You need to keep a budget in every step of your life. Start…
Life is about decisions, whether they relate to your work, business or personal life. Often ignored is the interplay between all these areas, and the fact that a little interdisciplinary thinking can go a long way. This might sound obtuse, but many important decisions can be made easier by thinking simply, and a bit differently. Before we do, a note…
Here are 7 steps to getting rid of credit card debt: 1. Make a budget listing all your fixed expenses. Rent or mortgage, car insurance, car payments, cell phones, utilities, day care, fixed loans, etc. Then try to estimate a reasonable budget for discretionary items like food, drinks, dry cleaning, etc. 2. Make a list of all your outstanding balances…
The value of money is something which children should be taught from the earliest possible age. In the modern-day environment, kids seem to get given what they ask for, rather than be shown the hard work it takes to be able to provide it for them. Pocket money is a good starting point, and by giving them a small amount…
Have you noticed that everyone wants to be rich, but few people seem to want to build wealth the old-fashioned way- step by step? If you have tried the “lottery method” and it hasn’t worked out, read on for some tips on how you can build wealth for a better future. Save Sooner Rather Than Later Attention, procrastinators: listen up!…
51 Ways To Cut Back & Save Money: 1. Trading your car. Having a new used vehicle is not such a bad idea, especially if you want to save some cash. You should also consider this, if the car that you currently have piles up your expenses by consuming more gas and offering little space for your family. There are…
Smart money management is essential for a balanced, happy life. Financial stress resulting from poor money management skills can affect your relationships, your mental health, your physical health, and more. Learning and using smart money management tips, can help to not only improve your personal finances, but also help to improve the overall quality of your life. Here are “6…