personal finance Archives - Page 2 of 3

What is Debt Settlement, and when is it Useful?

Millions of Americans live life under the shadow of their debt. Living life paycheck to paycheck and handing over huge chunks of your salary to creditors each month is a sad reality for many, and often it can feel like there’s no way out. If you’ve got more debt than you can realistically pay off, one of your options is to enter debt settlement negotiations. Settling a debt basically means that you persuade a creditor to accept a final payment from you (the consumer), which is less than the amount you owe. This, however, is easier said than done. It…

Top Tips For Cutting Your Spending and Making Your Finances Healthy Again

We are just one month into the new year and this is the crucial time of the year when the resolutions that we made at the end of last year are starting to wear a little thin. One plan which most of us make is to fix our finances, especially after perhaps a little overspending during the holiday season. It is important then, that as we hurtle on through the year, that you stay strong when it comes to your financial promises which you made at the beginning of the year. Here are some tips to help you stay on track…

Great Ways to Invest Your Cash

Ever since I started work at age 15 I have always hd it in mind that I should save a good percentage of my wages. I regularly saved between 25-20% of anything I earned and my savings stood me in good stead when it was time to buy my first car, first home and put some money away for my children. As a result of my savings strategy I was left with a very healthy savings account balance and I decided that after so many years of being frugal that I would make a chance with some of my money…

4 Ways to Overcome a Short Term Cash Crisis

Financial stress and pressure meeting monetary obligations are common at all income levels. Although planning and budgeting set the stage for successful money management, even a well-conceived financial approach is vulnerable to short-term difficulties. Fortunately, for those experiencing a short term cash crisis, several strategies are proven to restore financial balance and help household money managers overcome short-term cash flow issues. Identify the Problem Correcting cash flow problems relies on an accurate assessment of the trouble before you. Are your spending habits responsible for the cash crunch? Or is an income interruption to blame for the temporary financial slowdown? Is…

Everyone Must Try These Four Free Money Management Tools

Do you want to grow your wealth? If yes, then you need to manage your money in the most effective manner. Rich people keep track of their money; therefore they have enough money for their life and emergencies. These days, it is quite hard to keep track of spending on an expense register. In such case, you can rely on free money management tools. You are able to either use web versions of such tools or install their application on your mobile. No matter what option you pick, you get a chance to get full control over your money. Let’s…

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