Three Useful Ways to Manage Single Parent Debt

Are you a single mother/father? And do you want to get over all your debt? If yes, then you are not the only one. The U.S. Federal Reserve data reveals that most U.S household incurs credit card debt of $15,863. The student loans are close to $33,090 Also, the Consumer Financial Protection Bureau shows that there are approximately 52% of medical debt credit bureau fillings. As a single parent, if you're caught up in excess debt, you have company! However, this fact shouldn't be an excuse to … [Read more...]

When Is The Right Time To Consolidate Business Debt

Smaller business loan consolidation is perfect for lowering current interest rate and also for reducing size of monthly payments.  This service might further enable you to borrow some additional working capital. Knowing the right time to consolidate your business debt solely depends on the terms of current debt, the present situation of your current finance and even a bit on your personal credit. Some proven loans are able to offer best rates and even longest repayment terms of all smart … [Read more...]

10 Different Types Of Loans You Should Know About

Though many people know that a loan is the best way to meet some of their financial needs when their own funds are not sufficient, most of them have no idea about the different types of personal loans on offer. Below, we list out ten most popular loans you can apply for right now. Secured Loans These types of loans are backed by an asset that serves as the collateral for the loan. For example, you can pledge your land as collateral and take a loan against it. This is why these loans … [Read more...]

6 Step Guideline To Avoid Going Bankrupt

If you’ve built up debt that’s growing out of control and is threatening to eat into your retirement savings, it’s time to take strict measures to regain control of your finances and avoid bankruptcy. Being at the mercy of banks, debtors and money lenders can be emotionally draining and lead you to a state of despair. Often times, these situations cloud your ability to take corrective measures, and with no clear direction of the next steps, the situation is bound to spiral out of control. … [Read more...]

Easy Ways to Update Your Summer Wardrobe on a Budget

The summer is just around the corner, and it is the perfect time to buy some new clothes. If you enjoy shopping and find it hard to cut out some things from your shopping list, then you have to make a strategy. That strategy will include your budget and great hacks to beat the limits of your financial situation. SALES! It is all about the sales if you want to save money! The best thing about the sales is you can buy more for less. So, watch out carefully for sales, check out stores and … [Read more...]

3 Financial Tips for New Families

New reports find that nearly 51 million US households don’t earn enough to afford a monthly budget to cover food, housing, healthcare, and transportation. That is unfortunate. That’s why those who can save should be doing everything they can to do so. This is especially true for new families. Here are a few financial tips to help you get started. Set aside emergency money “One of the reasons people do not have emergency funds is misplaced optimism. People think that if they are healthy, … [Read more...]

Gold or Bitcoin – Which Should You Buy?

At first glance, they could not be more different. Gold is the most ancient investment commodity of them all, something by which wealth has been measured since time immemorial. The earliest stories handed through history have always featured gold as the most prized asset, on which kingdoms, princesses and life itself is valued. Bitcoin, on the other hand, is very much an invention of the new millennium. The cryptocurrency cannot be held, touched or hidden in underground vaults. It exists only … [Read more...]

How Can Single Mothers Use a Debt Consolidation Loan to Recover From a Bad Financial Rut?

There are many public and private financial firms offering grants to the single mothers who are looking out for ways to get rid of their troublesome financial debts. The need for financial aid may be many as to paying out the utility bills, child care, medication, housing, medical expenses, education, mortgage, etc. among many others. However, one problem is that many of such single mom grants offer only limited funding, and many of these have several strings attached that the single moms … [Read more...]