“Personal Finance Adjustment - 3 Reasons to Limit Your Spending Today ... - PRLog (free press release)” plus 3 more |
- Personal Finance Adjustment - 3 Reasons to Limit Your Spending Today ... - PRLog (free press release)
- This week's top Personal Finance stories - Marketwatch
- The week's 10 best Personal Finance stories - Investors Business Daily
- Four books by women can help you fatten purse - Courier-Journal
| Posted: 06 Mar 2010 07:16 AM PST PR Log (Press Release) – Mar 06, 2010 – If you are on a quest to seek credit card debt relief, there are two things you should do right away. First, you should contact a debt relief company. These companies enable you to consolidate your bills, reduce the amount owed, or both. It is easier to get out of debt when you have sought professional help. Second, you wan to limit your spending.
Most consumers feel that enrolling in a debt relief program is the only thing they need to do to get out of debt. It is one of the best decisions you will ever make, but you also need to remember that you still pay your settlement company money. All of this money will be applied towards your debt. As you know, money doesn't fall out of thin air; therefore, you want to limit your spending. If you need more convincing, here are 3 reasons to get started today. 1 - Get Out of Debt Quicker When seeking debt relief, one thing you are encouraged to do is see where your money is going and create a budget. This enables you to see if you have any "extra" money at the end of the month that can be applied towards paying your debts. With this as-is right now, you might have $200 to pay your debt relief company each month. This is a pretty good figure, but what if that figure could be $300 or even $350 with a little bit of spending control? When this extra money goes towards your debts, you will notice that you get out of debt a lot quicker. In fact, you might be able to speed up the process by years! 2 - It Is a Good Habit to Develop Even those who aren't in debt and even those with unlimited financial resources are encouraged to know where their money goes. After all, money is one of those things that should never be wasted. That is one reason why we are often taught about personal finance in high school and in college. It is a great habit to develop. Since you got in debt and are seeking professional help, you got a little lost along the way. By limiting your spending, you will soon notice that it becomes a habit. This is good because having control of your personal finances is one the best habits to have! 3 - Less Likely to Fall Back Into the Debt Trap Finally and most importantly, learning to limit your spending and keeping that good habit going after you do seek debt relief will benefit you long-term. When you practice good spending habits (even when debt-free), debt is less likely to become an issue for you again. This is very important because many debt-ridden Americans get out of debt and then start the entire downward spiral all over again If you are over $10,000 in unsecured debt you really should consider getting a debt settlement. Creditors of unsecured debt are fearful of collecting and they also have stimulus money to make debt settlements financially feasible for them. Once the economy turns around it will be too late to eliminate your debt. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| This week's top Personal Finance stories - Marketwatch Posted: 06 Mar 2010 04:53 AM PST
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By MarketWatch In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of March 1-5: The 10 Oscar movies you must have in your DVD bin
We'll know Sunday night whether it is "Avatar" or "The Hurt Locker" or a long shot that takes home Best Picture honors at this year's Oscar awards. But it will still be a while before we know if that winner is a film that will stand with the best of all time.
Mutual funds dramatically lag Berkshire stock during chairman's tenure
Many investors can only look on with envy when Warren Buffett says his shareholders have seen 20% annualized gains over the past 45 years -- even the best mutual funds pale by comparison.
Some fund firms shredded investor wealth in decade
To learn that your mutual-fund firm's lineup posted negative returns over a decade is one thing; to realize that almost $60 billion of investors' wealth was wiped out is another matter entirely.
More consumers are choosing to pay credit cards rather than their mortgage
U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit-card bills.
Socked by health-insurance rate hikes and fighting back
Charlie Lichtman is on a crusade to lower his health-care costs and a quest for answers as to why they're so high in the first place. He's one of many Californians who recently received notice that his health-plan premiums were about to jump by more than a third.
Going wireless with your health care
Each night before lying down to sleep in the cab of his semi, David Jesse straps a blood pressure cuff on his arm. The reading goes straight to his HealthPAL, a cell-phone-sized transmitter.
When you should leave home-improvement projects to the experts
Eager to save money, homeowners are more willing to get their hands dirty with home-improvement projects these days. But the DIY route isn't always the safest or cheapest.
Overqualified? Don't let that stop your job search
He's worked in construction for almost two decades, and Maurice Paul can't get a job as a cashier at Home Depot. "I went in for the interview, and followed up a week later, and the person said I was too qualified," Paul said. "They were looking at me as if I'm gonna leave as soon as I can get a better job. And in all honestly, that's what I would have done."
Financial advisers split on whether proposed 401(k), IRA rules help or hurt investors
If the U.S. Labor Department has its way, the rules governing who can give Americans investment advice about their 401(k)s and IRAs, and how that advice gets delivered and paid for, soon will change. But financial advisers and others disagree dramatically on whether the proposed rules will help or harm investors.
Four tech innovations that could make or break their companies' shares
Like the fashion industry and Hollywood, the technology sector relies on new products to create a buzz and boost company sales and earnings.
Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| The week's 10 best Personal Finance stories - Investors Business Daily Posted: 06 Mar 2010 05:07 AM PST In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of March 1-5: The 10 Oscar movies you must have in your DVD bin We'll know Sunday night whether it is "Avatar" or "The Hurt Locker" or a long shot that takes home Best Picture honors at this year's Oscar awards. But it will still be a while before we know if that winner is a film that will stand with the best of all time.See Media Report. Mutual funds dramatically lag Berkshire stock during chairman's tenure Many investors can only look on with envy when Warren Buffett says his shareholders have seen 20% annualized gains over the past 45 years -- even the best mutual funds pale by comparison. See FundWatch. Some fund firms shredded investor wealth in decade To learn that your mutual-fund firm's lineup posted negative returns over a decade is one thing; to realize that almost $60 billion of investors' wealth was wiped out is another matter entirely. See FundWatch. More consumers are choosing to pay credit cards rather than their mortgage U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit-card bills.See story on consumers paying down credit cards before mortgages. Socked by health-insurance rate hikes and fighting back Charlie Lichtman is on a crusade to lower his health-care costs and a quest for answers as to why they're so high in the first place. He's one of many Californians who recently received notice that his health-plan premiums were about to jump by more than a third.See Vital Signs. Going wireless with your health care Each night before lying down to sleep in the cab of his semi, David Jesse straps a blood pressure cuff on his arm. The reading goes straight to his HealthPAL, a cell-phone-sized transmitter.See Health Care. When you should leave home-improvement projects to the experts Eager to save money, homeowners are more willing to get their hands dirty with home-improvement projects these days. But the DIY route isn't always the safest or cheapest.See Real Estate. Overqualified? Don't let that stop your job search He's worked in construction for almost two decades, and Maurice Paul can't get a job as a cashier at Home Depot. "I went in for the interview, and followed up a week later, and the person said I was too qualified," Paul said. "They were looking at me as if I'm gonna leave as soon as I can get a better job. And in all honestly, that's what I would have done."See story on job-search tips. Financial advisers split on whether proposed 401(k), IRA rules help or hurt investors If the U.S. Labor Department has its way, the rules governing who can give Americans investment advice about their 401(k)s and IRAs, and how that advice gets delivered and paid for, soon will change. But financial advisers and others disagree dramatically on whether the proposed rules will help or harm investors.See Robert Powell. Four tech innovations that could make or break their companies' shares Like the fashion industry and Hollywood, the technology sector relies on new products to create a buzz and boost company sales and earnings.See Weekend Investor. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Four books by women can help you fatten purse - Courier-Journal Posted: 06 Mar 2010 12:45 PM PST WASHINGTON — Except for the occasional special coin or the Martha Washington $1 silver certificate, I always wondered why the face of a woman isn't part of U.S. currency. Then I saw this quote from Ivy Baker Priest, a former U.S. treasurer: "Why should we mind if men have their faces on the money, as long as we get our hands on it?" How true. So for March, in honor of Women's History Month, I'm recommending four financial books written by four dynamic women. Here are the books and why I've selected them: "A Purse of Your Own: An Easy Guide to Financial Security," by Deborah Owens with Brenda Lane Richardson (Fireside, $15). I simply love using a purse as a metaphor for wealth. "More than anything, the purse represents our private financial identity," Owens writes. "At the end of the day, creating wealth is about adding to the purse." Owens covers much of what you should find in this type of book. She talks about investing, saving and spending less. But she does it with a conversational tone. She's the smart sister you might wish you had and could go to for financial advice. Owens is a 20-year veteran of the financial services industry. "Live It, Love It, Earn It: A Woman's Guide to Financial Freedom," by Marianna Olszewski (Portfolio, $24.95). Olszewski is the founder and chief executive of Madison Financial Management, a broker-dealer and hedge fund marketing company. Her book is part motivational, part personal finance, and Olszewski seeks to first inspire before she walks you down the path to prosperity. "A healthy mind, body and bank account are all connected," she writes. This isn't psychobabble. Often those who are poor money managers are unhappy and unhealthy people. Olszewski suggests you get a few of your girlfriends together and read the book as a group to follow her exercises. "The power of the tools is enhanced, and abundance comes to all of us much more quickly than if we are working on them by ourselves." "Save Big," by Elisabeth Leamy (Wiley, $24.95). I'm a lifelong penny pincher who follows the cautionary advice from Benjamin Franklin that "a small leak will sink a great ship." I use this quote to drive home to people that the small expenditures in life can add up to big losses. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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