Experience your Debt Differently
It’s payday. You’re trying to figure out what to pay, how much you need to get you through the month (or following your spending plan that you created to make life easier! Yes!). You...
Tagged: credit debt finances budgeting money-management impulse spending bankruptcy counselling
Are you controlling credit or is it controlling you?
Your worthiness is not dependent on what other people think of you. Remember that when you enter the credit world. We are all so hung up on our “credit rating”, which essentially is a...
Beware the word CONSOLIDATION!
What comes to mind when you hear the word “Consolidation”? Do you envision all of your debts being ‘paid off’ leaving you with the manageable obligation of one monthly payment? If so, you are thinking about a “Consolidation Loan”. A financial institution loans you money by paying off your debt and you pay them back. With interest, of course. Nowadays, the word “consolidation” is being used in a much more liberal term
The secret to getting out of debt
Trimming your budget is a lot like trimming your waistline. Consumers spend millions of dollars every year looking for that magic solution to losing weight. And businesses increase their bottom line while relatively few consumers decrease their bottoms/middles etc. The same phenomenon happens in money management. We tend to look for quick fixes – consolidation loans, second mortgages, payday loans. Neither works for the masses. Why? They do nothing to address the underlying problem…
I’m making a stand with wet hands!
It’s been six long months and my hands are cleaner than ever. Who would have thought I would make it this far? I am referring to life without a dishwasher. Around mid-December, ours broke. My first reaction was sheer terror. I’m pretty sure I almost lost consciousness. Like many families struggling to make ends meet, I didn’t have any savings to buy another. The word credit kept flashing in my mind, but we were just managing what we had. I took a deep breath, pulled up my rubber gloves, and started washing.
