Debt reduction to achieve financial freedom takes commitment, confidence, determination.
The final process is to create a financial plan. Getting here has been a lot of work tracking income and expenses, creating a budget, getting a debt reduction plan in place. Now the fin…
Started tracking expenses and income, setup a budget now knows where the money is going, the next step is a debt reduction plan. This is the next step towards getting credit card and al…
New year maybe good time to setup a new budget. Already have budget good time to review and make changes to reflect the changes in life. Adding new categories, removing old ones is an …
What is tracking and how does this work with a budget. First a budget only shows what you should be spending. Without tracking how would a person know if on track or spending too much. …
Unable to pay off credit card balance every month a problem is developing. To solve this problem stop using credit cards to made purchases. This is how to stop using credit cards, the r…
Building credit is important for everyone. Having a bad credit score will hurt the chances of getting a loan, and even increase cost of insurance.
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Debt consolidation may be a good idea, can you get the loan with lower interest rate. Is your credit rating improving or getting worse since the last loan or new credit was issued. Gett…
Companies offer you relief from credit card debt if it sounds to good to be true then beware. What to know before doing anything. Do it yourself to reduce the cost and time to get out o…
What can be done to lessen the impact of inflation on household budgets. What is inflation and how to tell if it is affecting your budget.
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Having some type of debt reduction plan is a must to get rid of credit card debt. There are things to do to help and things to avoid at all costs.
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Planning is an ongoing process that must be review and updated every year. It only takes a few minutes to do this but is important as things may have change over time.
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Once the budget is set and perfected than it can be used to plan for a new loan, retirement, investing or saving for that new home, wedding, child or automobile.
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Should you use a Home Equity line of credit HELOC what are the benefits and disadvantages. Maybe an Equity loan is a better way to improve the home. Personal loan line of credit is anot…
The FIRE movement is strong with the younger generation wanting to retire early. Maybe at age 35 to 40 is this possible and how is it done. Then what will a person do in retirement, mos…
What to buy that first home or move up into another home? The first thing you need to do is save up a down payment. But that still not enough, so MisterChuck expands on things to do to …
Having credit is good but having too much debt can be bad. How to manage credit so you do not have to manage debt.
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How to increase your net worth, investing into stock for the long term is one way. The other is to reduce your debt. Doing both at the same time may increase your net worth faster. This…
What are budget categories, and the percentages should be when determining how much to spend. MisterChuck goes over this information and much more.
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What does it take to reduce debt? MisterChuck goes over the method to get debt under control and over time get out of debt.
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How to avoid using debt relief programs and determine what was the cause of getting too much debt. Before using any debt relief program you must understand why your debt is a problem. M…