Overcome Financial Hurdles

During the course of your life, you will probably experience some sort of unexpected incident or emergency. Below are some common situations that may drastically change a person’s financial situation. We would like to offer you some basic tips that may help reduce the impact of your finances

Sales Tactics To Make You Spend More With Credit

As you strive to settle your debts, most of you have made a commitment to rely on cash instead of credit cards. After you complete your debt negotiation program, you will probably want to re-establish your credit. As you probably know, credit cards can cause serious financial problems if they are not used properly.
Unless you [...]

Do You Have a Spending Personality? pt4

Overdone Buying
 
Causes: Usually related to an excessive hobby or behavior; can be a dependency
 
Solutions: Acknowledge the behavior, avoid situations that encourage the spending
 
Overdone buying is typically related to a hobby or behavior. The problem of this personality arises when one becomes infatuated with a habit or hobby to the point where it causes financial problems. [...]

Do You Have a Spending Personality? pt3

Avoidance Shopping
 
Causes: Shopping instead of dealing with problems or shopping to get even.
Solutions: Face underlying problem, be honest with yourself.
 
You may have heard the phrase, “When the going gets tough, the tough go shopping.” Avoidance shoppers use shopping as a way to escape the stress of life. Unfortunately, this spending personality can cause a downward [...]

Good things come to those who wait

You have probably heard the saying, “Good things come to those who wait.” This piece of inspirational advice could relate to your current debt management situation.

Do you have a Spending Personality? pt2

Fanatical Shopper
Scenario: Doug prides himself on being able to find the lowest price in town. Every week, he studies all of the advertisements in the Sunday paper and makes lists of the items he is going to purchase at every store. He also cuts out all of the coupons and spends many hours organizing them. [...]

Do you have a Spending Personality? pt1

Many people have a primary spending personality that may affect how they use money. J. Grady Cash wrote a book entitled Seven Deadly Money Mistakes in which he identifies seven spending personalities.

Save Money at Resale Shops

Many consumers know that you can find good deals on pre-owned items at flea markets, Ebay, Craigslist, and various classified ads. In recent years, many franchise specialty resale shops have emerged on the retail market. These stores allow shoppers to shop for specific specialized goods and also may give you cash for your unwanted items. [...]

C.A.R.D. Act Benefits Consumers pt 1

At this point, you may realize how burdensome credit card debt can affect your finances. According to a 2007 survey conducted by Cardweb.com, the average credit card debt load is nearly $9,900. Based on an online poll of slightly more than 55,000 consumers, 61% said they carry over debt each month on their credit cards and an astonishing 13% of the same group said they carry total credit card balances in excess of $25,000.

Frugal Living Encompasses Many Concepts pt 2

Frugality may have a negative connotation because some people relate it to deprivation or being stingy. There are times in life when we may not be able to be as frugal as we want to be.