Money Minute: Tuesday 14 January

With the way the cost of living continues it is more important today than ever before to get your entire family to agree to a family budget. Not only will this help you from getting into debt you can’t afford to be in but it will help the family feel more united if everyone is involved in the budget. This will also be a good way to teach your children the value of a dollar at the same time.

Every individual is dealing with debts in one way or another. Although debts are quite difficult to eliminate, there are still certain tried and tested methods which can fully eradicate debts. A debt collection method is one effective way to make all your dues go away permanently.

Is your credit score not as good as you would like it to be, causing you undue stress? Debt consolidation loans may offer you a solution.

When it comes to negotiating credit card debt settlement, there are lots of specialists open to help you lower your amounts and assist you to lessen the annoying lender phone calls and letters. There are lots of tips for achieving this that lots of people are not aware of.

Do you bury your head in the sand when dealing with debt or worries? Do you only start to take action when it’s too late? This can be compared to a frog. It is a proven fact that a frog, if put into a pot of cold water which then gets heated slowly to boiling, will remain in the pot until it dies. If however the frog is submerged into a pot of already boiling water it will immediately jump back out and be saved. This article explains how to take action before it’s too late.

It’s easy to allow debts to go unchecked. If you have gotten yourself in a debt relief situation, the good news is you don’t have to destroy your credit. With due diligence, discipline and the right principles, it’s possible to alleviate your debt situation all while maintaining the credit you’ve worked so hard to build.

With the cost of basic necessities rising by the day, restrained wage growth and the prospect of mortgage interest rate increases, a growing number of people around England, Wales and Northern Ireland are finding that their debt level is no longer manageable. We investigate the time commitment that would be made where an IVA is selected to deal with problem levels of debt.

For you to be able to get yourself out of debt quickly you are going to have to be willing to be patient and determined. You also need to be honest with yourself and admit that you have too much debt and you need to get rid of it in order for you to be able to get on track.

If you are tired of being contacted by your creditors on a daily basis, if your debts are out of control, if you simply cannot meet repayments on the money you owe and if you are in need of someone or something that can solve these problems, the right thing to do is to choose a debt management plan. Having a lot of debt makes people’s lives very uncomfortable and even makes them feel depressed or hopeless. This is why a plan is a great thing for people in debt – it can solve all financial problems and give people the opportunity to lead a normal and debt-free life.

Easter is a great opportunity to eat Easter eggs, visit family and go to church. It’s also a perfect time to reflect on your finances and make decisions on how to save money and resolve your debt problems. We’ve listed some of our suggestions.

As with any trip your journey from where you are to being debt free starts with a single step. It always takes time to travel to a new location. The more distant the destination, the more time it will take to reach it. Unfortunately for most of us it takes longer to get out of debt than it took to get into it in the first place! But, here are some tips to help you get there as quickly as possible.

Credit card debt is a problem that many Americans are struggling with today. Our society seems to be obsessed with instant gratification instead of being patient and working toward a goal. The resulting problem is debt-and for many people it’s overwhelming and they feel as if there is no way out of the hole they have dug for themselves. But, there is hope. You can manage and eliminate credit card debt. Here are some tips on how to do just that.