It’s that time of year again: you’re about a month into the New Year, and your 2013 resolutions are already…
Tag: get out of debt
If you’re struggling with debt and you feel like your personal financial situation is hopeless, take a look at this great advice from Suze Orman.
Everyone has different priorities in life, but your finances should take a front seat rather than a back seat in these priorities. Organizing your financial life and deciding what’s important doesn’t have to be a burden if you learn how to do it right the first time. We show you how.
Certified Financial Planner John D. Buerger discusses the ugly four-letter word of personal finance: debt – how you got into debt, why it’s tough to get out of it and some real steps to finally rid yourself of the “D” word once and for all.
Getting a standard four-year degree can cost upwards of $200,000, so it shouldn’t be a surprise that a majority of students who attend college – even those who attend less expensive community colleges – accrue some debt while studying. While scholarships exist for those who excel in the classroom (and for those who are willing to put in the time to search and apply for them), most people leave college with a hefty sum of money to pay back. This puts a lot of pressure on new graduates to find jobs immediately so that they can begin an often decade-long repayment process. However it is possible to streamline this repayment process. All you have to do is simply follow these tips.
It’s six months after the holiday season and many people are still carrying credit card balances from holiday shopping sprees. Did you overspend buying Christmas gifts for friends and family? Have you been sending just the minimum payments to your credit cards since Christmas? It’s not unusual for holiday shoppers to spend a year or two after each holiday season trying to pay off their holiday debts, but the cost of financing your purchases on credit for this length of time is staggering.
While it is typically not the American dream to get into debt, it can be a dream come true to finally dig yourself out of debt. Learn three ways that Americans may be able to beat the debt monster once and for all. The three areas include a mortgage refinance, credit card balance transfers and paying off federal student loans.
When you take that first leap toward financial independence, it can be rather overwhelming. People start throwing abbreviations at you like FICO and IRA, and you may often be left scratching your head. Don’t worry! With these five easy steps, you’ll be well on your way to financial success.
The longer you stay in debt the harder it becomes to escape from. Everybody is looking for the best strategies for paying off debts as fast as possible, and there are a number of different theories on which method works the best.
Ninety percent of marriages that end in divorce fail, at least in part, because of money problems. Now, there is a TV show on CNBC called “Til Debt Do Us Part” that helps couples in financial crisis get their financial lives in order. Find out what kind of money troubles this show tackles and what lessons we can all learn from the experiences of couples highlighted there.
New credit card rules went into effect in 2010, requiring that your monthly credit card statement include important information about how long it will take you to get out of debt if you only pay the minimum payment and what payment you need to make to become debt-free in three years. We show you how to use this information to your advantage to help you come up with an actionable “get out of debt plan” for the next three years.