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How To Downsize Your Home

People are considering making many changes in their lives now that we are in a recession. This is not a necessarily a bad thing. For example, after lossing their jobs, many people have choosen to become a digital nomad, nor location independent entreprenur. Lowering costs is sound financial advice. One way to lower your overall cost of living is to downsize your home. The kids have gone to college or are making a living on their own.... ❯❯❯

Why Budgeting is Important

Budget, it's a word that many adults dread and many more avoid. They think the prospects of developing a budget or spending plan is akin to torture. Instead, they make unrealistic plans such as buying a new car or traveling to China for vacation. As a matter of fact, these bad habits will not make your life better. Instead, the lack of budgeting will put you into a really bad situation. Therefore, it's very important to start... ❯❯❯

Be Aware of Rogue Debt Management Companies

Debt is nothing new in society today but with a recession, it can get worse - especially for those who were not having problems before. When you notice that your debt is mounting, the best option might be to seek help from good professional sources. But, how can you be sure that the debt management company you choose is the right one? It would be nice if everyone who says that they are out to help you really was. Unfortunately that is... ❯❯❯

How to Be Frugal Without Ruining Your Lifestyle

You may hear many people discuss sparing cash and being economical. Be that as it may, it has an adverse undertone for a few people. Because you embrace the parsimonious way of life doesn't mean you can't live a happy life. As a matter of fact, many people make their own life decisions. For example, these days many people have quit their jobs and become a digital nomad and work while traveling.  We would all be able to fix the... ❯❯❯

Painless Ways to Start Saving Money for a New Car

Are you in the market for a new vehicle? Maybe you have had your old car so long that itís time for an upgrade. If this is you, learn how you can start saving for that new car and not have to cry about it. Saving is hard for most people without a strategy in place. It is easy to say that you want to save money each month, but hard to do. When it comes to big ticket items like cars, the challenge can seem like an overwhelming... ❯❯❯

Defaulting on Your Student Loans? What Happens Next?

Student loans are one of the most common strategies to pay for college. As college gets more and more expensive, more and more people are turning to student loans. And with the economy in a bit of a recession, more and more people are struggling to make their payments. One consequence is to default on your loan. What Does It Mean to Default? Miss a payment or make a payment late and itís a delinquency. Fail to make a payment on... ❯❯❯

How To Get Started On Budgeting

Budgeting is very important. It's not only something crucial for small businesses or freelancers, it's also important for everybody, just like you and me. One thing youíll want to do before you setting up a budget is to stop excessive spending. In fact, without this step, it wonít matter what income you have, youíll never have enough to pay your bills and start saving for your future. Your spending habits will keep... ❯❯❯

How to Calculate Your Own Personal Net Worth

Whether you are curious or have a specific reason for calculating your own personal net worth, there are many factors that you have to take into consideration. Knowing your personal net worth can help you plan for events such as retirement or setting up your will. Calculating your personal net worth is not difficult. To calculate your personal net worth, you will need to list all of your assets. Your biggest assets will be any homes or... ❯❯❯

The Pros and Cons of Balance Transfers

If you owe money on a credit card, there are a number of ways to pay off that debt. One way to pay off your credit card debt is with a balance transfer. A balance transfer is the practice of transferring debt from one card to another. There are many pros and cons to this practice. Balance Transfer Pros The first and most apparent benefit of transferring your balance from one card to another is a reduction in interest rates. Many... ❯❯❯