The main secret of saving money is not to know a thousand ways, but to follow at least one of them rigorously. Here are the easiest and most effective ways to save the family budget. [Read more…]
How to Choose the Debt Repayment Plan that Should Work Best for You
Chances are you’re in debt, which means you probably want to find a way out of it. In this, you’re not alone.
Debt, these days, is a shared condition. The average American has $90,000 in debt.
Fortunately, there are ways to escape debt and achieve financial freedom. You just need to be smart about it.
Here’s a look at the three intelligent steps to take before you settle on the debt repayment strategy that should work best for you:
Identify your financial situation
Identify your financial goals
Narrow down your debt repayment strategy options
Types of Credit Score
You need to take a loan, but you realize that your credit score determines your borrowing power. Lenders, utility companies, landlords, etc., use your credit score to determine if you can take a loan from them.