We all have different views about “credit”, some of us are comfortable obtaining goods before payment, while some of us can’t sleep at night thinking about how much of our future income will go to our payables. I personally enjoy the credit basis especially when payday is days away, and that much-awaited item is already …
There has been a noticeable change in the way we take and perceive indebtedness compared to a few decades ago. Before this time, there’s a social stigma attached to being indebted. It is even worse when you are unable to meet your obligations of paying off such debt. Additionally, individuals had little access to borrow …
Refinancing, also known as “refi,” simply means you are reviewing the terms of an existing credit agreement. When you choose to refinance your credit commitment, you effectively seek to change your payment schedule, interest rates, length of the loan, and others. Consumer loans often considered for refinancing include mortgage loans, car loans, and student loans. …
Since childhood, we are taught that it’s always better to forgive that to hold resentment. Does it apply to the massive amount of debt we accumulated? Debt forgiveness is a real thing, but it comes with strings attached. Scam artists become more skillful in targeting struggling debt owners and promising to wipe all their debt …
When it comes to personal finance, having a solid cash flow is extremely important to have sustainable growth in your savings & investing goals and making sure all your various bills are paid. The quickest thing you can do to increase cash flow for your personal finances today is to review your numbers in order …
When it comes to following a financially sound life, many people have the perspective of saving for a rainy day. Certainly this perspective makes sense but does it ever go too far? After all, while saving is a financially sound decision, hoarding may be more associated with an emotional approach that can end up being …
Times have changed. Where our parent’s choice for going to college was mostly yes or no, our answer is more on the options we have. Student loan debt being one of the most popular options, we can now get the education we need to build the career we dream of. That is until we realize …
