8 Pros & Cons of Credit Card Debt Consolidation

When you go for credit card debt consolidation, your multiple credit bills get bundled into one new consolidated debt, with lower monthly payment. Instead of making multiple payments, you have to make a single payment each month. Sometimes, the creditors may also waive off penalties like late payment charges and over limit charges. You can [...]

Why You Have Too Much Debt

Except the children, most of us have debts. We might have incurred them because of financing our home, car, education, business and even our regular spending through credit cards. Having a debt to pay is just fine as long as you are really capable to pay it at the right amount and at the right [...]

Personal Finance Tips #3: Be Honest

Honesty is known to be the best policy. However, only few people practice it. Seemingly because being honest may give you some instant troubles. People tend to depart from honesty to escape some of life’s immediate troubles. What they don’t know is they are just pushing their selves into bigger problems which are even long-term [...]

Money is not the root of all evil

Is money the root of all evil? No it’s not. Many people believe in this great misconception. That’s why most of them somehow have a bad feeling about it – about money. Seemingly, money can be the reason of many fighting. Money also seems to be the motive of theft, corruption, prostitution, fighting, and other [...]

Money Bible Verses: On Debt and Lending

In my first post of the series “Money Bible Verses”, I have shared Holy Passages relating to investing. This time, we will move to what the Holy Scriptures have said about debt and lending. Lending primarily involves two parties which is the debtor (borrower) and the creditor (lender). It may also involve other persons or [...]

Should I save money or pay off debt?

Should I save my money or pay off my debt? Have you ever found yourself asking this question before? Let us say, you have a debt (car loans, home loans, credit card debts, mortgage, et cetera) of $888 which is due today, and your creditor is expected you to collect that amount of money from [...]

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