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3 result(s) displayed (1 - 3):

October 31, 2008

Get Out of Debt

Most people want to get out of debt but struggle with making ends meet, let alone paying off additional debts. Millions of Americans are financially strapped. They are in fear of receiving a foreclosure notice from the bank. They are afraid they will lose their job. The wonder if they will be have to choose between putting food on the table, purchasing gas for their car or purchasing a much-needed prescription medication.

If you are attempting to get out of debt because money is stretched so tight you can barely squeeze out an extra penny, it is time to take a long, hard look at your finances. Unless you are living at poverty level, chances are you actually have more money than you realize. Millions of Americans spend thousands of dollars each year on unnecessary items they believe they simply must have. However, if you are drowning in debts, it's time to engage in some soul searching and discover what is truly important to you.

Real Estate Investing article on "Get Out of Debt "

October 15, 2008

Budgeting

Budgeting is something many people are talking about these days. With the ever-rising cost of living, millions of Americans are struggling to get by. They are using their credit cards to pay for everything from their morning coffee and fast food lunch to utilities and automobile payments. The problem is their credit card debt is becoming insurmountable and consumers are quickly drowning in debt.

Budgeting is not a difficult task; however, it does require taking time to review your household finances and develop a plan. Budgeting also requires self-discipline and a strong desire to get out of debt and stop living paycheck to paycheck.

Real Estate Investing article on "Budgeting"

October 06, 2008

Debts

Debts have reached epidemic proportions and the U.S. economy is on the verge of collapse. Not only are corporations failing at unprecedented rates, American consumers have accrued more than $2 trillion in creditor debts. This figure does not account for the billions due in outstanding mortgage debts.

Experts claim the average American carries $20,000 in outstanding debts. Today, it is common practice for consumers to use credit cards to pay for daily living expenses including gas, utilities, food and clothing. With the current economic chaos, experts predict credit card companies will soon begin reducing credit limits. If this occurs, Americans who use plastic to pay for living expenses will be unable to meet their monthly financial obligations.

Real Estate Investing article on "Debts"