Feb

26

Financial Freedom Is Not Just About Being Debt Free

February 26, 2008 | Leave a Comment

Financial freedom is a bit of a misnomer. Having financial freedom is defined as being in a place in your life where you no longer have to work to pay for your living expenses. To me, having financial freedom is more about time than money. What could be better than having the time to do what you want without having to work?

That said, many people seem to confuse being financially free with being debt free. Debt has very little to do with financial freedom. If your income is enough to cover it without you having to work, you are financially free. Even if you have $5,000 a month in credit card payments, if you have the money to pay them and you don’t have to work for it, you have financial freedom.

This is a preview of Financial Freedom Is Not Just About Being Debt Free. Read the full post (764 words, estimated 3:03 mins reading time)

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Feb

24

Debt Consolidation Solution - What Is The Most Appropriate Level Of Debt?

February 24, 2008 | Leave a Comment

No one size fits all recommendation is appropriate when looking at the correct amount of debt one may assume, nonetheless that does not indicate there are no good guidelines to look into when consider your debt consolidation solution.

Consequently, lenders and credit card companies are very prepared to offer as most cash as they think their borrowers will repay, the lenders and credit card businesses take high risks at time, but these are calculated risks, they look at current interest rates, default ranks and closely access your credit history when they offer loans, borrowers can gain by looking at many of these aspects.

This is a preview of Debt Consolidation Solution - What Is The Most Appropriate Level Of Debt?. Read the full post (699 words, estimated 2:48 mins reading time)

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Nov

7

How To Pay Off Your Payday Loan

November 7, 2007 | Leave a Comment

Are you trapped in payday loan cycle? You get new payday loan to cover your existing loan and it keep repeating until you are overwhelming. If you are, you are not alone. Many people take out their first one hoping to pay off in full in the next payday, but end up with taking out more loans and scrambling to cover one after another until their debt reach to the overwhelming level and don’t know what to do. How to break this payday loan cycle and pay it off? Here are 5 practical ways to help you break the payday loan cycle:

This is a preview of How To Pay Off Your Payday Loan. Read the full post (697 words, estimated 2:47 mins reading time)

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