Managing Your Debt
Debt Elimination Plan
A debt elimination plan is easy to set up. It may be more difficult to follow. It takes commitment to become debt free, but being debt free will allow you to build wealth. It allows you to take control of your finances and make life choices on long-term goals, instead of just worrying about your daily choices and paying the bills. Start your...
Choose to be Debt Free
It is amazing at how free you will feel once you have paid off all of your debts. It is possible to live without being in debt to others. You can make the choices that will help you embrace a debt free life.
Does It Matter How Much Debt I Have?
Debt can be crippling. If you have a small amount of debt, you may be wondering how it really affects you. But if you have a large amount of debt you are likely aware of the added stress it gives you.
What Can I Do to Get Out of Debt?
Getting out of debt is vital to taking control of your finances and building wealth. When you continue to have debt year after year you put yourself in a position where you have a negative net worth. By getting out of debt you free up money that you can use to grow your wealth. Being debt free gives you more freedom to pursue a better career...
Alternatives to Foreclosure
Losing your home to foreclosure is a difficult process. Learn what you can do to prevent going into foreclosure, and how to handle the situation when you can't afford your house payments.
Why Should I Worry About My Debt to Income Ratio?
It is important to know your debt to income ratio, because it is a good indication of when you have taken on too much debt. Learn how to figure it out, and what your numbers mean.
How Can I Stop Going Into Debt Each Month?
In order to get out of debt, you need to stop going into debt each month. Learn the steps you can take to stop going into debt each month.
Give Yourself Debt Relief
If you are tired of living paycheck to paycheck or you feel like most of your monthly income is going to pay off your credit cards, you need to make the changes to get out of debt. Once you give yourself debt relief you can begin to build wealth and do the things you want to the most.
Debt Diet: Lose Unwanted Debt
Many people compare getting out of debt to losing the extra weight you have put on over the years. A debt diet is one strategy that you can use to help you lose unwanted debt. Just as in a fitness regime you need to look at all areas of your life to have effective weight loss the same is true when it comes to shedding the extra debt. Although...
What Do I Do Once I'm Out of Debt and Saving for Retirement?
Once you are out of debt, you should have more money to focus on other financial goals. You should have specific retirement and other savings goals that you should focus on. these goals can help prevent you from going back into debt.
Help! I'm Underwater on My Mortgage
If you are underwater on your mortgage, you will need to take actions to recover from the housing market drop. Your actions will depend on your current situation.
My Account has Been Sent to Debt Collections. What Do I Do?
When you are dealing with debt collection agencies, you need to document all of your transactions. Learn what steps you need to take to protect yourself as you clear up past debts.
How Do I Make Extra Payments on My Loans?
There are strategies you can use to make the most of the extra payments you are putting towards your debt. Learn how to maximize the extra money you are putting towards getting out of debt.
How Do I Determine the Order of Paying Off My Debts?
The order you pay off your debts can help you get out of debt more quickly. Learn how to decide which debts you should pay on first.
Are Any Types of Debt Better Than Other Types?
Not all debt is created equal. Learn if some types of debt are better to have than others.