What to Do When Bill Collectors Won’t Negotiate With You
You probably already know that it’s in your best interest not to ignore phone calls and correspondence from debt collectors, but what do you do when a bill collector continues to ignore you? If you’ve been trying to negotiate a debt or want to be considered for a new payment plan, you’ll need to make sure […]
A Single Mother’s Ideas On How to Turn Spending into Saving
As a Money Coach and a proponent of financial education, I’m always on the lookout for ways to inspire people to manage their finances well. One way to do that, I believe, is to share our personal stories of triumph over economic adversity. It’s encouraging for those who are struggling financially to realize that they […]
Don’t Let These Things Stop You From Becoming A Millionaire
Want to know how to become a millionaire? Learn 5 common pitfalls that sabotage wealth-building—and how to avoid them with smart, actionable tips.
Creating a Millionaire in Training Budget
You can probably rattle off what your basic necessities are: they’re expenses like housing payments, food, transportation costs, and so forth. You may need to think a little longer, however, about the things that are important to you. For instance, let’s say education is important to you. Then you might choose to spend a portion […]
Why Most Budgets Don’t Work
If you asked most financial planners and advisors about what goes into a budget, chances are they would tell you that a budget is broken down into certain categories. Some advisors suggest allocating everything into two camps: necessities and luxuries. Other advisors tell you to break your expenses down into fixed costs and variable costs. […]
The Couple That Sets Financial Goals Together Stay Together
After you write out your goals, I urge you to share them with your spouse, or significant other, and have the person do the same thing. You may be surprised to see what some of your partner’s goals are. It’s helpful to do this because then you both have an idea about where each person […]
How to Get Out of Debt
If one of your personal or financial goals is to get out of debt this year – or at least eliminate your debt as soon as possible – now is a great time to get started. Becoming debt-free takes work. But it doesn’t have to be an overwhelming chore. Simply following proven strategies below to […]
Refinancing Tips If You Are Under Water
Q: My husband and I purchased our home a little over 5 years ago. We were looking at refinancing since the rates are low now. We have run into a couple of problems. First, we have two mortgages on the house since they would not cover the full amount of the loan for just one […]
What Is Squatter’s Rent
Q: I’ve heard the term squatter’s rent used many times. Can you tell me what is the definition of squatter’s rent? A: Squatter’s rent is the money someone saves up by not paying their mortgage. In many states, it is taking one year or more for someone who is behind on their house payment to […]
Budget is NOT a 4-Letter Word
Let’s face it: most people hate being on a budget. Most people, that is, except millionaires. You see, millionaires not only create personal budgets, they also stick to those budgets religiously. To the millionaire, his or her budget is really a short-term spending plan. It’s a detailed outline of what they choose to spend their […]
How to Conquer Frugal Fatigue and Stick to a Proper Budget
If “frugal fatigue” is kicking in — and you’re getting tired of pinching pennies and watching every dollar you spend — it’s time to re-energize yourself and make a fresh commitment to managing your money wisely. To make ends meet the past three years, Americans have been eating out less, curtailing shopping, making do with […]
What to Do If Your Sallie Mae Student Loan is in Default
If you’ve missed numerous payments on your Sallie Mae loan and the loan is now in default, you’ll need to take steps to bring your overdue loan current. You can contact Sallie Mae directly by calling 1-866-913-6089 to discuss your repayment options and try to set up a more affordable payment plan. Sallie Mae offers […]
How to Get Your Experian PLUS Score Free
By federal law, you are entitled to receive one free credit report annually from each of the three main credit bureaus: Experian, Equifax and TransUnion. If you want to know what your Experian PLUS Score is, you typically have to order your credit report directly from Experian. That will cost you money, because Experian does […]
9 Signs of a Home Repair Scam
Beware of strangers that knock on your door offering to do repairs such as repave your driveway, replace your gutters with guttering Manchester or landscape your property using leftover materials from a previous job. Often, they will give you a verbal quote offering to do the work and say that they would normally charge twice […]
What Are Subprime Lenders and Where Can I Find Them?
Subprime lenders don’t advertise themselves as such — especially after the mortgage meltdown and credit crunch from 2007-2010. If you have “bad” credit and are trying to find a subprime lender who will offer credit or loans to someone with your credit profile, the best thing to do is to get online and shop around […]