Realizing financial freedom means you can finally live the life you want. Itís a tremendously freeing achievement that can help you feel secure, but itís elusive for most of us unless we take the proper steps to achieve it.   Paying yourself first is the first rule to achieving financial freedom. That means each pay day you should make it a habit to transfer part of your income (10 to 20 percent) to an investment account ñ and forget about it. Another step to financial freedom ... VIEW POST

We all have it, most don't have enough, lots have too much and we all need it even if we claim we don't want it. It is claimed to be the root of all evil and it can divide people from families to the whole world. Money. We all need money to live day to day. We all want money for the nice things and we all spend it differently. how we spend it has it changed throughout time How we spend it has it changed dramatically throughout time. I can remember the many hours ( probably more like ... VIEW POST

When you move to consolidate your outstanding debts, you’ll be obtaining a new loan called a consolidation loan. You’ll pay off the old debts with the new consolidation loan and then have one payment – usually at a lower APR and for a fixed term limit of three to five years. The lender (a bank or credit union) will pay off your existing debts with the loan you secured and you’ll now be responsible to pay off that loan and any other new debts you might incur in the ... VIEW POST

  The general rule of thumb for borrowing from friends and family to reduce your debt is – don’t. You’re likely to get a much better deal from them than getting a loan from a bank or other lending institution, but the risk is personal and may mean inviting an eventual rift between the people involved. One reason you should never borrow from family or friends is that it’s so tempting to use the money for other purposes than paying off your debt. Going through a bank will ensure ... VIEW POST

When you’re desperate to get out of debt, you may be tempted to grab the first offer that comes along to relieve the pressure and chaos that debt can bring into your life. Unfortunately, there are get out of debt scams that can bring even more pressure and chaos into your life. You should avoid them at all costs. These scammers target those with high credit card debt by claiming they will negotiate with the person’s creditors or reduce payments or debt balance.   This is a ... VIEW POST

  It’s always best to know your options when addressing any debt. Student loans can especially be a long and complicated process that might seem overwhelming and even put your good credit at risk if you don’t pay on time. There’s a lot at stake, so you should know how to manage student loan debt. One thing you need to know before acquiring a student loan is to first look for federal student loans.   Private loans aren’t backed by the federal government and you can pay ... VIEW POST