Recent Articles in Money Management
Whether from traditional financial advisors or from radio show talking heads, you will hear financial advice spouted as clichés over and over. These sayings sound logical, but they often sacrifice financial judgment for the sake of brief dictums that are trite but easily grasped if not actually accurate.
Debt can look like a long insurmountable mountain when the payments begin to add up. Having debt can be frustrating since you want to set aside your income for other goals, but instead have to tackle these obligations. With limited resources, it’s understandable why many suffer from poor debt management. You’ll need a personalized plan that aims to tackle paying bills.
Even though most people don’t desire to, getting into a lending situation is sometimes unavoidable. For example, most go through a bank to process a car or house loan. Most lending practices are regulated to protect the borrowers and ensure adherence from lenders. However, the truth is that predatory lending still exists in many places.
Ask the average American how much credit card debt his or her fellow citizens have, and you’re likely to get an ear full. Given the value to the media of reporting dire figures and dangerous consequences, it is easy to find a range of data, from the tame and mild to the outrageous and wild.