|
Does Debt Ever End
? Does debt ever end? Sure it does, but sometimes-and especially in the summertime when we want the livin' to be free and easy-being a tight wad and counting every penny can make your toes blister. Warm summer sunshine just cries out for a hotdog at a street corner ($5), an ice cream cone, just because ($3.50), a terrific fun bag for the beach ($24), and a groovy new CD ($15). Then, we get home and wonder where the money went . . .
Staying motivated is always difficult in any venture that...
Ready Get Set Pay It Off
Okay, that's it. It's time to pay it down and off this year, no matter what. So how are we going to do that? There are only a few rules to follow to get that debt off your back.
First, stop spending. It's really that simple. Stop. Now. No more excuses. That's it. You do not need to buy even one more thing. The next time it crosses your mind to buy something, just say no. Next time you go out, leave your wallet at home.
Now, burn that plastic. Get every swipeable out of your house-melt it...
What s Your Debt Set Point
? Debt set point means the amount of debt you think you can handle. How you figure that amount out certainly varies from person to person. And let's face it-some people are just prone to exaggerate sizes. Here are some signs that you can watch out for to ensure that you don't exceed your debt set point and blow the lid off your finances.
Does your debt keep you awake at night? If you're fretting in the wee dark hours when the rest of the world is asleep, you need a debt check. Sometimes, it...
Topsy Turvy World of Debt Management
Is your head spinning as you try to figure out bad debt from good debt, debt set points and other pretty tough financial lingo? Well, let's get a few things straight, and some of the basics sorted out.
You might be asking, first, is there ever a time and place for debt? The answer is, sure. Plenty of debts are so-called good debts. There are complicated ratios and interest-rate things you can work out to be sure if you have a good debt or bad debt, but sometimes the best guide is plain common...
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 much good right now. And many of us grew up with debt as a kind of standard of living we saw in our parents' lives, and now have carried forward into our own. Who doesn't owe on their student loans? Who doesn't carry a monthly balance on their credit cards or line of credit?...
Bad Debt Blues or Good Debt News
? There is a difference in the kinds of debt we carry, so if you find yourself discouraged about all the payments you seem to be making to loans, lines of credit, mortgages or others, consider what kind of debt you are really carrying. You may discover that you have a number of good debts, and that your bad debts are really under control, after all.
Good debt
Good debts are the kinds of things that increase in value when you buy them. You take on a mortgage to buy your house and that...
Options Before Bankruptcy
Are you at the end of your credit rope? Thinking about taking a leap into the bankruptcy abyss? Before you take such a drastic step, be sure you have explored all your options.
Credit counseling
Call a credit counselor. Sometimes what you need is professional advice to help you figure out how to meet your debt obligations. It can be simple things that are getting in your way-not planning your purchases, impulse buying, not tracking your bills or not paying them on time. A credit counselor...
Does Getting Out of Debt Take a Miracle
? The world seems to be full of get out of debt quickly solutions, yet most of these solutions are nothing more than smoke and mirrors. This leaves a lot of people asking the question: does getting out of debt take a miracle?
The truth behind the matter is that getting out of debt is not only easy to do; it's also easy to understand. You don't need a miracle in order to reduce the amount of debt that you currently have.
What you do need is some plain and simple logic that you can easily...
How to Handle Credit Card Stress
Everyone with credit card debt has a different story behind that debt, and how it came to be. Whether you managed to spend more money than you had during your youth or during your adult life really doesn't matter. What matters now is that you've finally come face to face with your credit card debt and made the decision to do something about it.
The only problem is that realizing you owe thousands of dollars to one company is anything but reassuring. In fact, it's downright stressful. The...
Spend Less Save More Your Own Debt Loss Program
Think of it as a kind of debt loss program. When you handle your debt, you'll find a huge weight falls away from you. Some experts actually think there's a correlation between the growing debt of Canadians and our growing waist lines. Whether that's true or not you can debate over a donut, but there can be little doubt that debt reduction is one loss most of us can probably use at least a little of.
Tally up your debt weight. Until you know how much you're carrying, it's pretty much...
| 
