Spending for grocery shopping inevitable but, is there a way one can save on grocery shopping? It human tendency to cut on expenses and to start saving when there is tight money flow. But have you even thought of saving on your grocery bill? Yes, food is the important thing for family but, you can save on it too when shopping wisely.To start with when you are planning your grocery list one should start leaving out stuffs that are not most...more
If you are looking very seriously into debt reduction options, you are most likely to be drowning in debts that you don’t think you could pay off all by yourself. You desperately want to make all the necessary payments but at that point in your life you just cannot afford to. You have thought about filing for bankruptcy but that will definitely be your last resort. So you start looking at some potential companies that you believe will be...more
Getting a professional to do your debt reduction plan for you is not always satisfactory; especially if you are a perfectionist. You might actually prefer to do things yourself as you will know and be fully involved in the process of gaining back your financial stability. It is certainly admirable that you plan to take complete hands-on approach to settling your own debts but you have to be sure that you are mentally, physically and emotionally ready to take on your creditors all by yourself. After all, creditors can be an awfully scary bunch of people. You will actually gain first-hand experience on how to handle situations where you actually have to convince your creditors to allow you to have your debt reduced. By learning a few tricks of the trade yourself, you will not only dig yourself out of the debt pool but you will also be saving a lot of money since you do not have to pay all the extra fees and charges if you were hiring a debt reduction company. Be mindful, though, that although the thought of you taking the reins on a process usually left to professionals can be somewhat of a novelty, it takes more than just guts to be able to do this and come out alive, so to...more
Getting into debt is easy as there are many institutions willing and eager to lend you money. At the time of need, you don't question the rate of interest or how difficult it is going to be paying it back. The borrowed money gets spent just as easily as the earned money. Once the money is gone, realization dawns as now you have...more
Our country has stringent debt collection laws that are enforced by the Federal Trade Commission (FTC) through a federal act known as the Fair Debt Collection Practices Act (FDCPA). The FDCPA has guidelines for fair debt collection practices. However, third party collectors resort to unethical and illegal methods that lead to harassment. Debt...more
Sometimes known as debt negotiations, a debt settlement basically means getting your creditors to agree to reduce your debt amount by up to 60% and you will usually be expected to make the final payment in one lump sum. Negotiations between the creditor and the debtor are integral into making a settlement. It is also sometimes known as debt reduction. A debtor can decide whether to negotiate with the creditor on his own or to hire a third party to play the part of the negotiator. It is often advised that the debtor get a debt settlement advisor to be the middle person. A debt settlement is a common method used for credit card, medical and personal loan settlement. The main reason for choosing this particular method is because you could get the principal amount of your debt to be reduced by up to 60%. In some cases the creditors will even eliminate the interest and additional charges. One thing that is for sure is that once a debt amount is significantly reduced, the creditors will usually insist that the debtor pay the reduced debt in full. If you are asking yourself, “How do I settle my debt myself?” you are already deciding not to engage a debt settlement...more
If you’re being crushed by the weight of too many debts and you’re desperate to get out from underneath, debt settlement may be the right option for you. A good debt...more
So you decided to get smart and purchase a duvet cover for your bed. The only problem is that you can't figure out what brand of bedding to buy. With so many duvet covers out in the market today, choosing the right one can be...more
Sanitation and hygiene plays a very important role in the maintenance of the health of the members at home not just for a shorter duration, but also for lifetime. There are certain repairs for which there should not be any sort of compromise or...more
In 2010, the UK personal debt stands at more than amount the UK produces in a year, and so finding a solution for personal debts is crucial. Recently there has been a rise in IVAs, or Individual Voluntary Agreements, and whereas before this type of...more
Different kinds of debt situations need different kinds of debt help. What works for someone else might not work well for you. Every debt issue is unique and needs to be addressed from different angles in order to find the right solution. Finding the...more
Being financially free is the dream of almost every individual in the US. By living your life free of debts and the only person you owe money to is yourself, you will be considered financially free. But, as you may well know, many Americans have to...more