Young Women and Investing
Traditionally, investments have been a male dominated sphere of activity with women being convention bound to be cautious and to refrain from taking risks and live under the burden of conservative social taboos, behavioral patterns that run contrary to what an investment strategy demands. Testosterone fueled men on the other…
You Can’t Rely on Debt Programs
The worsening economic situation has seen the spiraling of debt and many defaulting individuals are increasingly seeking third party mediation hoping to emerge from the chasm of crushing debt. The tightening of bankruptcy regulations led to the establishment of several Debt Management Agencies that specialized in clearing debt by intermediating…
Sourcing a Credit Line from the Equity in Your Home
In a Home equity line of credit or HELOC as it is popularly known, a home owner is extended a credit limit based on the collateral security of his home. The lender approves a fixed credit limit that the borrower can use as he pleases, on paying a fixed or…
Is the Cash-Out Refinance a Workable Solution?
The cash out refinance is a tried and tested route for paying off your existing mortgage to benefit significantly in many ways. Such a loan exploits the difference in valuation of your home and your principal loan dues. If, for example, your home is valued at $300,000 and your mortgage…
Options For Repaying Debt
The economic downturn has effected many people who find their income considerably reduced, making it difficult for them to service their debt obligations. In such situations people mostly turn to credit cards and the zero interest option and low introductory offers lure people into using cards lavishly and spending beyond…
Taking Pain to Organize Yourself Financially
You have no hesitation in getting your health checkup done annually or taking your car to a garage for an overhaul, and these measures ensure the health and stability of your body and your vehicle. You need a yardstick to assess your financial situation and your new year’s resolutions are…
Knowing the Financial Consequences of Your Decisions
Seemingly simple decisions in life can produce negative results that impact you financial stability, and it helps to know the right decision from the wrong when you make your choices. There is no arguing the fact that if you restrict the bulk of your transactions to cash you can save…
Title loans Are Lifelines
In a stressed economy emerging from the throes of a crippling recession, where rising unemployment, increasing prices, lower income and rapidly declining purchasing power are the rule rather than the exception, the average family feels the pinch and struggles to meet mortgages, rent, utilities and taxes. Even where families are…
Savings Advice for the Newly Weds
Newlyweds in the thrill of togetherness forget that financial bonding is as important as forming physical and emotional attachments in life and the success of marital life, to a large extent depends on the savings, investment and spending habits of the partners. A solid financial base goes a long way…
Methods You Shouldn’t Adopt for Repaying Loans
When you are in a financial soup it is tempting to opt for short cut methods to come out of the mess quickly. There are many methods that should never be resorted to under any circumstances, as they only create more problems without resolving the core issues. Hoping for deliverance…