Money Management Guide – Start Here
The editors of the Financial Advice Zone have gathered all our best money management resources here to allow you unfettered access to gaining control of your personal finance and money management skills.
As you navigate through the page you will be able to read more articles in all areas of personal finance and money management.
We hope that you will find these resources helpful.
As always, we encourage you to gather all the information possible, before making any decisions when it comes to investing your money.
Debt is the ball and chain of any family’s finances.
The first step towards gaining financial freedom is getting rid of debt.
Contrary to popular belief, more spending will not relieve the debt.
You cannot spend your way out of debt.
There is a lot of information here. And financial is not something you can accomplish over night. It is a step by step process that begins with an analysis of your unique situation. These resources will help you determine where you are and help you formulate a plan to get where you want to be.
Please feel free to contact us via our contact page, should you require answers to any of your questions.
Are you considering Annuities as an investment? We provide you relevant information to help you make that decision. Are Annuities Safe ? American investors are a bit shy when it comes to their investment dollars these days. Whether or not you believe the economy is getting better, or getting worse, or pretty much holding its own, the fact is investors lost nearly 35% on average of their investment dollar between September 2007 and December of 2008. That in and of itself would lead to caution for many people when it comes to investing in any type of investment vehicle.
Are you currently drowning in a sea of debt but feel you have no lifeline? Both Chapter 7 and Chapter 13 bankruptcy are serious business. Therefore, entering into a legal agreement such as this should never be taken lightly. If you were to ask any responsible financial adviser, debt consolidation counselor, or bankruptcy attorney, each would tell you to consider all other means for getting out of debt prior to bankruptcy.
Setting financial goals for you and your family is a key component to your security. Most people find setting goals easy. It may be that they want to retire at age 50, or perhaps buy new car or pay for your children’s education. Goal setting is really the easy part of personal finance. The most difficult challenge is creating a road map to reach that financial destination
Credit cards can be a great way for you to leverage your financial situation and keep your hard-earned money in the bank. There are many different benefits that come with credit cards. Charge cards help people purchase items and spread out the payments over longer periods of time. They can help stimulate a sluggish economy by giving consumers an opportunity to purchase expensive items that they do not have the cash on hand to pay for. With the new credit card laws consumers are more protected now than ever.
The “credit score” was first developed for use in the United States although it was not actually used until the 1980s to determine a person’s creditworthiness. Obviously, FICO has evolved to keep up with spending and lending policies but after the most recent change to FICO, the system is without doubt very precise in being able to predict risk level of people. With this, creditors and lenders can make more informed decisions on the people they want to offer credit or lend money to, which is helpful to the creditors but also the economy as a whole.
Getting rid of debt can lead you towards the stress-free life you are looking for. If you have bad credit there are still many ways that you can successfully consolidate your loans. Debt consolidation can be a favorable way of repairing your financial situation and managing multiple debts. However, moving all your debt into one pile does not exclude you from the responsibility of paying the balance. A debt consolidation program can give you a way to pay multiple bills with one monthly payment. Ultimately, debt consolidation will not help most people. you will need to begin to address your behavior as a borrower first.
Now more than any other time in history, a college education is a critical key to success in the business world. In addition to the knowledge gained by completing college and earning a degree, we see a growing trend in the larger and more reputable companies whereby they require a person to have a degree to be hired. Even if the degree has nothing to do with the job being applied for, the fact that the potential employer has gone through college shows motivation and dedication to the process.
Foreclosures have become commonplace in today’s real estate market. The economic crisis has caused a dramatic increase in homeowners that are losing their homes due to job loss or other financial circumstances. People are losing their houses in record numbers. In many instances a foreclosure can be avoided by knowing what options you have available. Home foreclosure help exists and can be found in many different places. Here are a few options that you will want to consider if you are in need of foreclosure help.
Most everyone carries some type of insurance coverage. for example, if you drive an automobile chances are your state has a law that requires you to buy car insurance and carry minimum coverages. With the recent passage of the health care bill all Americans will be required to carry health insurance, even if that is at a basic level. Many will need help with insurance. However, that only scratches the surface of what types of insurance are available to the general public. with that thought in mind let’s take a look at some of the insurance policies that you should carry and some of those optional insurance policies that you could probably live without.
Where to invest your money in 2012? One of the most important questions that everyone wishes they had the answer too is where to invest their money. You have a lot of options that you will want to consider. You can purchase, stocks, bonds, commodities like precious metals and even real estate. The uncertainty in the weak economy has financial analysts guessing on what may be their best options for 2011. We believe that diversification maybe your best option and that is why we will breakdown each sector separately
Many people need loans to help them get money for their personal situations. There are many different types of loans that exist that can help you get the money that you need quickly. There are a few different factors that you need to be aware of before you apply for any of these types of loans. Banks need some sort of security before they will approve any type of loan. This type of security can come in different shapes and forms. In most cases equity or good credit can be sufficient forms of security. Banks need to protect themselves to make sure that they will get their money back before they give any type of loan approval
Saving money begins with finding all available areas in your home that you can save. Budgeting is a large part of the process, however, there are many things you can do on a daily basis that will save you money and guarantee you have more money at the end of the month , instead of more month at the end of the money.
The Financial Advice Zone works with some of the best providers to collect and display mortgage quotes for your convenience. The above tool will help you to find and compare some of the lowest mortgage rates in your area within seconds. This is totally a cost and obligation free service. However, we do strongly encourage you to thoroughly research all your options prior to making any decision with your own personal financial situation. Take your time and educate yourself to all your options. If you do, you will always come out ahead.
Over the past several years, a serious mortgage crisis began. Unfortunately, many people interested in purchasing a home were lured in by lenders offering subprime rates. The problem was that a large number of these people had poor credit. In fact, most of these people would never have qualified for a mortgage loan under normal circumstances. As a result, millions of homeowners lost a home to foreclosure.