How Debt Has Changed America How Debt Has Changed AmericaPrior to the late sixties bankers and investment advisors were among the most conservative people in our society. Before anyone could borrow for consumables such as food or clothes, or even for non-consumables such as cars and houses; his financial status was thoroughly reviewed, and formulas were applied to insure his borrowing stayed within his means to repay. That is not...more
Couples and Debt Couples and Debt Many couples think they live on a budget because they write down their checks and even balance their checking accounts. That is not a budget.Nearly every young couple in America dreams of owning their own home. I use the term "owning" loosely here because what that means to most couples is to be paying a mortgage. So the common definition of owning is "as opposed to renting." Many couples try to bu a home...more
Should You Consolidate Your Debt? Should You Consolidate Your Debt?First, unless the problems that created the need for a consolidation loan are corrected, you may well find yourself worse off in the long run. For instance, if the-debt was created by overspending on a monthly basis, the consolidation loan won't solve that problem. It will only delay the Until the problem of overspending is solved, no consolidation loans should ever be considered. Otherwise a year or so later all the little bills will be back again, and when they are combined with the consolidation loan, the situation will be worse.When someone consolidates he borrows more than what is needed to pay the outstanding bills. The purchases may actually be needed items such as a refrigerator, a washing machine, or a car. Need Cash Quick Cash? Cash-In-24 Hours.com! What's wrong with that? Nothing, as long as the individual has disciplined himself and saved the money to buy those things. But for those who already have discipline problems, it's just one more way to splurge.In our generation there are almost limitless temptations to spend. Thousands of people actually make their living thinking of new ways to...more
Where To Find Help With Debt Where To Find Help With DebtThe type of help a person in debt needs usually depends on the severity of the problems he is facing. If the problem is the overuse of credit cards and the total debt is a few hundred dollars, usually the solution can be worked out by writing up a good plan, as I described previously....more
When you have found the horse that you feel is the most suitable for you and that he has met your criteria; I strongly recommended that you arrange for a vet to carry out a pre-purchase veterinary examination. This may seem costly its not. It may save you a lot of money and heartache in the future. You may also want a Mobile Field Shelters to...more
Debt-Ridden Canada Canadians carry more personal debt per person than in any other developed country in the world, at a whopping $41,000+ per person. Shocking, isn't it? Look around at your family-spouse or partner, kids, parents, in-laws-and add it up. How much do you personally owe? At the same time, more than 80% of Canadians also want to be debt-free. What a conundrum. And how did we ever get here in the first place?Some of the reasons we got into this debt-problem include the low interest rates that made mortgages, cars, boats, second homes, riding mowers, and other big ticket items attainable for many of us. Life was good in the '80s and '90s. Lines of credit opened up, and multiple credit cards became the norm. It was all about cheap dollars and spend! spend! spend! We could live large, but pay pretty small for luxuries we might otherwise have had to refuse ourselves. But it got blown right out of proportion.In the past 18 years, Canadian incomes rose only about 12% while our personal debt rose to the tune of 72%. That's a six-fold difference between the money we earned, and the money we spent. It had to catch up with us. After all, sooner or later, you've got to pay...more
Advice to Stay Out of Debt Well, the best advice to stay out of debt, hands down, is, don't go into debt in the first place. But with Canadian debt levels at all time highs that little bit of terrific advice isn't going to do a lot of people...more
People who get heavily into debt should dread the day that they start hearing from the bill collector. These people can call at inopportune times, and they can call so frequently that you may avoid picking up the phone. However, it's entirely...more
Debt refinance is something that many people are considering to help them get rid of their debt. You have to understand more about this so you can decide if this is the best decision for you.The best way to do that is to seek the help of a debt...more
Clear Debt and Be Free To clear debt, American consumers are working in different ways and programs. From credit counseling to bankruptcy and all in between, it seems to be a national goal these days. The era of free spending on numerous...more
The Most Inexpensive Way To Purchase Nutrisystem I often get questions about how to get Nutrisystem for the cheapest or lowest price. It's pretty well known that there are coupons that you can use and that auto delivery offers some...more
If you are unfortunate enough to be in debt then you are not alone and help with debt problems are available. The most common form of solution is called an IVA. It's a financial term and stands for Individual Voluntary Arrangement. It's a contractual...more