If you've finally gotten to the place in your life where you are ready to really put together a debt reduction plan that makes sense for you than these steps may help you out. Step 1: Your debts Before you can get a firm handle on how to take care of your debt you need to take a moment to jot them all down in one place. List them by how much you owe, interest rate, monthly payment Step 2: Income vs. … [Read more...]
Archives for December 2012
Debt Advice for Teens
A little heeded debt advice as a teen can make the transition in to adult hood easier financially. How? By using debt wisely you will have the knowledge and foresight to see the impacts of your decisions around debt and can use that to your advantage. Let's start with an overview of what it means to be in debt. Then we'll go in to unsecured debt vs. secured debt, interest rates and credit scores and while they all … [Read more...]