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5 Key points for Creating a Budget for Large Families
It is an axiomatic assumption that large families tend to have larger budgets. In fact the larger the family the more its expenses. Moreover, before you know the runaway expenses may well spell financial ruin for you and as a direct consequence, your loved ones will...
5 Important Points to Consider when Saving for Emergencies
5 Important Points to Consider when Saving for Emergencies Emergencies have a tendency to hit us like a bolt from the (proverbial) blue and they are unheralded as they are unexpected. This is why we should always have a contingency plan in place for such unforeseen...
Refinancing for Home Improvement: It’s pros and cons
How refinancing can help modify your house Basically refinancing your mortgaged home denotes the pay off, of loan and its replacement by another loan. There may be many uses for refinancing such as taking advantage of LIRs (lower interest rates) utilizing the huge...
Bankruptcy and Future Job Prospects
Going bankrupt is a tough time indeed for anyone and it becomes even more stressful when a bankrupt individual decides to try and get a job in order to make his financial position more tenable. There are a veritable host of questions in his mind that might make the...
Can Bankruptcy Legally affect your Spouse?
Not all of us have the financial wherewithal to stay out of debt. Sometimes we simply want more then we earn or just want to impress our neighbours, friends or our spouse and so we spend more than we are capable of paying back, or alternately make financial decisions...
Top3 things to consider before applying for a Bank Loan
So you want a bank loan for your business? It’s not all that easy since banks are entrusted with depositors’ money and therefore have to be very careful as to when and where they disburse these funds. Nevertheless, without disbursing loans that they charge interest...
5 Different Kinds of Credit Card Fraud
Credit card fraud is an all encompassing term for a form of theft and/or fraud that may be perpetrated though the illegal use of a credit card, in order to purchase goods or services as a fraudulent source of finance in a monetary transaction The purpose may be to...
Saving for your Children’s Education: 6 Important Tips
Few parents would disagree to the importance of quality education for their offspring. Unfortunately such education does not come cheap. Therefore, it is imperative that you plan before hand since it is arguably the best investment you can make for your children....
Using the Debt Snowball strategy to eliminate multiple credit card debts
The rather unusually named ‘debt snowball’ strategy is a method many credit counselling agencies espouse as a means to help reduce your overall debt burden over an extended period of time. This stratagem is not all that difficult to master one you are able to...