Deferred interest on a loan isn’t as great as it sounds and could end up costing you a lot of money With interest rates and home prices creeping higher, I’ve started to see the return of a deferred interest and other deferred programs in loans. It’s something that became very common before the housing bubble burst so I wanted to get some information…and my opinion out. Deferred interest is a … [Read more...]
How to Control Debt when You Don’t Make Enough Money
Take control of debt by with these tips on prioritizing payments, building an emergency fund and avoiding the biggest traps Consumer debt is out of control in America. The Federal Reserve reports that households owe nearly $4.0 trillion, that’s $500 billion more than just before the housing bubble burst when debt burdens pushed the country into the deepest recession in nearly a … [Read more...]
How to Budget When You Don’t Make Enough Money
Making ends meet when you just don’t make enough is frustrating and painful but you can beat it with these tips The Census tracks household income and reports half of American households make less than $56,000 a year. Talking with a lot of friends and family about budget problems and just being flat broke, I think the estimate is a little high. Worse still is that estimate for household income … [Read more...]
Best Money Books to Reshape Your Financial Life in 2017
Grab these best money books to save and make thousands more this year to reshape your finances in 2017 There are almost 1.8 million books on business and money listed on Amazon…but only 163,000 of these money books has a rating of four stars or higher. Most books about personal finances, making money and investing have all the credibility of a 3am infomercial but that doesn’t mean you can’t … [Read more...]
5 Steps to Bounce Back from a Financial Emergency Right Now
Use these five steps to beat a financial emergency and keep it from destroying your future Financial emergencies happen to everyone. From sickness, runaway credit card debt and payday loan traps, there’s an endless number of financial disasters that can set you back and keep you from reaching your goals. When they happen, how you react is critical to getting back on your feet. Neglecting … [Read more...]