The Worst That Can Happen If You Do Not Pay Off Debt
Not too long ago, those who were unable to pay off debt faced a cruel and sometimes deadly fate: debtors prison. Or indentured servitude. Why deadly? Because up until the mid-19th century prisoners often died in debtors prison – if their families didn’t bring them food in prison, they literally could starve to death. And [...]
Lower Utility Bills For Big Savings
When you are paying your electric bill every month, consider this: you may be paying 30 percent or so more than necessary. In fact this is one of those times when spending a little more up front right now can save you a lot in the long run. Hiring a heating/airconditioning technician to check your [...]
The Bad Economy Can Make Budgeting Easier
Up until very recently it seemed like everyone was playing the game of “keeping up with the Joneses.” People bought far bigger houses than they needed to. People bought houses when they had no money for down payments. People who wanted to live a more affluent lifestyle than they could afford just borrowed against their [...]
You Can’t Hide From Debt
When dealing with debt, the worst thing that you can do is try to hide from your problems. If you do not have enough money to pay all of your bills in full, it’s tempting to just hide your head in the sand and hope that things get better. Here is what will happen if [...]
The Worst Things You Can Do To Your Credit Rating
Maintaining a good credit rating is more important than ever in this economy, because loan standards have tightened up considerably. A credit rating that would have been considered good even a few years ago is now likely not enough to get you approved for a home loan or student loan or car loan. And if [...]
