At some point in our lives, most of us will experience money problems. For some, these problems may be minor and short-lived. For others, these problems may be severe and last a lifetime. Money issues can cause health problems and marriages to fail. So, it’s not something to be taken lightly.
The good news is that money problems can often be overcome. Even [...]
I recently had a conversation with someone who was trying to pay off student loans and credit cards, while still trying to lead a normal life. His comment was “whenever I talk about going on a budget, everyone in my family gets upset and calls me a cheapskate”. Being a reformed cheapskate myself, I can relate to this.
So, [...]
I have been posting for years about the deceptive practices of the credit card industry. This was one of the first topics I wanted to write about when I started my blog. I have strong personal feelings against the abuse of consumers and the credit card industry has consistently been one of the most abusive.
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“Once again this quarter, the rate of foreclosure starts and the percent of loans in the process of foreclosure are the highest recorded since 1979.”
Mortgage Bankers Association
Here are the Grim Statistics
The delinquency rate on residential properties was 6.35%.
The percentage of loans in the foreclosure process was 2.47%.
Loans with foreclosure actions started this quarter were 0.99%.
The [...]
One of the most comforting things to have in a crisis is a plan. Unfortunately, the last thing most people want to do is to think about their debt, so they avoid facing it. But this is exactly what you must do in order to overcome the negative feelings. You must create a plan, which establishes your [...]
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