Family issues

Friday, 30th July 2010

   home     about     authors     news     books     xml feed     sitemap     privacy     contact us

There are 7 users online

add to favorites
 make home page


Education/Schooling
 Family Fitness
 Family Health
 Finances
 Fun Stuff
 Home
 Infants & Toddlers
 Kids
 Parenting
 Recreation & Sports
 Seniors
 Teach Your Children...
 Teens

Our Newsletter



Subscribe
Unsubscribe
  Submit an Article


Send your family related articles and press releases to articles@family-daily.com  Please be sure to include a title, a summary, and the complete article and we will be happy to post it on our site. 
 
 

  Advertise With Us


To learn how you can advertise your business on family-daily.com, just email us at advertising@family-daily.com


 

 
 
 

How to handle your bills and get out of debt
Author: Administrator Account
 Added: 03/10/2004
 Type: Summary
 Viewed: 642 time(s)
 [ Not Rated Yet ]
How would you rate this article:    Bad Good   Go » 

  
How to handle your bills and get out of debt

Fond memories of the holidays can become the winter blahs in January, especially if your mailbox is filled with credit-card bills.
"Get out of debt" tops the list of many New Year's resolutions, but you have to have a strategy. The right one will allow you to live well but regularly reduce your debt load. Counselors say it takes three to six years for most clients to erase credit card debt. Here's a way to start:
* Study expenses and find places you can save. Example: You want to quit smoking anyway. If you smoke a carton a week, it costs more than $100 a month. Write down all expenses for a week, and you will come up with the amount you need.
* Check for lower credit card interest rates. Often you can negotiate for a lower rate, which makes more of each payment go to debt reduction.
* Dip into savings, but only if you are determined not to charge again. Your savings may pay 3 percent interest, but credit cards may cost 18 percent.
* Put a small amount of money away each month for emergencies and for the next holiday season.
* Make a habit of using cash. If you run out of money before the end of the week, don't buy anything. Stay home and enjoy being there.
* Ask for help from a debt counselor, or ask your parents for a one-time loan or bailout program. But don't charge more.
Article Pages:  1  

  Article Comments   Add Comment | View All (0)
    There are currently no comments for this article.




Advanced Search
Recent News

Affiliate Links

Videos Cristianos
Paying off Debt
hemp protein powder
Kitchen Remodeling


Family Daily is proud to be affiliated with the following quality web sites:


Affiliate With Us
 


All content © 2010 Family Daily.

Shower Heads | Health Blog | Golf Courses | www.horsecribbing.com