How Much Debt is Too Much?
Guidelines for Managing Debt
Do you want to have a new car, a new home, luxury vacations, a great wardrobe, a big screen TV and maybe some nice toys or expensive jewelry? Who doesn't? There's nothing wrong with having these things if you can afford them, but what does being able to "afford" the payments really mean?
It can be hard to tell when you’re in over your head. Here are 3 ways to tell if you're close to being maxed out or to being turned down the next time you apply for credit:
- What the banks say is too much
- What your budget says is too much
- The simplest way to see if you have too much debt
Read more . . .
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Strategies to Manage Debt Well & Become Debt Free Faster
Going through life with a certain amount of debt is a reality for most people. Debt can help us get an education, buy a car, own a home, or expand our business.
When you manage your debt well, it is a stepping stone that enables you to improve your life and accomplish your goals. However, if you let debt get the upper hand, rather than move you forward, it becomes a stumbling block that holds you back.
If you would rather have debt as a friend than a life-long foe, we have some helpful resources for you.
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8 Ways to Save Up a Down Payment for a Home (or Any Other Big Purchase)
There are many great ways to save for a home, so we have put together a list of what we think are the 8 best ways you can save up for a house.
Although we say that these tips are for saving for a home, many of them can be used to save up a big chunk of change for almost any purpose—a car, an RV, a vacation, paying off your debts or saving for retirement.
Many people find that once they achieve their first goal, they keep on following these strategies to help them achieve other financial goals as well. Success breeds motivation, so here’s how to save and reach your financial goals . . .
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Food & Finance
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Retiring Without Debt
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Conscious Consumerism
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