consolidate

Everyone knows that healthy personal finances requires debt reduction. However, paying down debt can become discouraging when you have a great deal of it, from a variety of sources. Paying a little bit extra every month on each of your debts doesn’t seem to make a dent, thanks to high interest charges. Instead, you can [...]

The follow article (Q&A) was provided to me by State Farm. After a careful review, I felt the information was useful and neutral enough to share. Regardless of what insurance company you decide to use, these tips should be equally applicable. Here’s the article:

Based on some research we did at State Farm, we realized that [...]

The global economy runs on a binge and purge cycle, which makes it especially difficult to stay steady and mindful on a personal level. It can be hard to resist living beyond your means during boom times, and even harder to keep your head up during the busts. But no matter how stormy it gets [...]

It has been a while since I get a 0% APR balance transfer credit card offers in the mail — actually, any kind of credit card offers period. Perhaps this is a sign that the financial sector is recovering, or at least, the credit market is freeing up a bit. Of course, this is too [...]

Dave Ramsey’s Baby Steps is a financial plan designed to help you get your finances in order, get out of debt, and achieve financial freedom. Dave Ramsey has taught these Baby Steps to millions via radio, The Total Money Makeover, Financial Peace University, and on DaveRamsey.com. In this article, I’d like to walk you through [...]

As a result of the ongoing credit crisis that seems to be hobbling everyone, consumers are starting to see more and more fees for credit card services and features that we all had grown accustomed to getting for free. Credit has simply gotten more expensive in a very short amount of time for all of [...]

The other day, I wrote about getting cash through reverse mortgages.  Today, I want to explore refinancing to access money locked up in your home equity. I think it’s a good idea to learn about these options in face of the economic crisis and record high unemployment rate.  You never know when your home equity [...]

Debt consolidation companies often give you a fantastic pitch that promises to help you lower your monthly payments and eliminate debt.  All you have to do is work with them, combine all your debt obligations into one low monthly payment, and save tons of money.  Is it really that fantastic, or just a fantasy?
Personally, I [...]

Balance transfer credit cards offer a great way to consolidate high interest debt and secured loan such as home equity loan balances to a 0% APR or low interest rate loan. Taking advantage of zero percent balance transfer offers is a great way to improve your cash flow by eliminating immediate finance charge expenses. With [...]

One of my favorite motto is: “simpler is better.” I think it’s crazy how someone like Madison can have 181 accounts and still live a sane life (hi, Madison). Since she shared her strategy on how to manage her 181 accounts and complex finance, I’ll share how I simplified mine.
1. Start payroll deduction to fund [...]