By Bill, on November 30th, 2008%
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One of the best ways to change bad spending habits is to cut up all your credit cards.
Money that you spend using a credit card is money that doesn’t belong to you. You have to pay it back – along with interest, which makes the purchase price of your item that much more expensive. . . . → Read More: Episode 40 – How To Change Bad Spending Habits
By Bill, on November 28th, 2008%
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Once you have got into debt – and that’s all too easy in these days of credit cards and consumer marketing – and are finding it difficult or impossible to pay, your credit rating will no doubt take a plunge. Sometimes, even though you’ve finally managed to pay off your debts, your credit rating . . . → Read More: Episode 39 – How To Repair Your Credit
By Bill, on November 26th, 2008%
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The best way to teach young children about money is to let them have some. Since most of us have to work for our money, it is a good idea to give them chores to do by which they can earn money. These should be different from the chores they must do as part . . . → Read More: Episode 38 – How To Teach Your Children About Money
By Bill, on November 24th, 2008%
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Every family unit, no matter how big or how small, needs to plan their finances. Why?
For starters, no one wants to run into debt they can’t pay, or lose a purchase they have paid a deposit on and then find they can’t keep up with the payments. If the electric is due and you . . . → Read More: Episode 37 – Why Your Family Needs A Budget
By Bill, on November 22nd, 2008%
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You might feel as if most lenders are big, bad bossies that breathe the foreclosure word down your neck every time you even look like missing a payment, but this is not so. Many people feel this way because when they try to do the right thing and contact the lender due to payment . . . → Read More: Episode 36 – Why Lenders Don’t Want to Foreclose
By Bill, on November 20th, 2008%
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If things have gone from bad to worse and your bank has decided to foreclose, don’t give up hope of keeping your home; there may still be some way to save it. For foreclosure to become a fact of life, you need to have missed more than one payment on your mortgage. Most often . . . → Read More: Episode 35 – What to Do If the Bank Decides to Foreclose
By Bill, on November 18th, 2008%
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Myths are a bit like gossip, the more they are repeated the worse they become. And in most cases they are not true to start with. All bad things bring their own spate of myths and gossip and foreclosure is no exception. One of the most common myths in foreclosure is the one that . . . → Read More: Episode 34 – Common Foreclosure Myths
By Bill, on November 16th, 2008%
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Foreclosure is more common these days than ever before. This has come about by unscrupulous lenders offering ‘easy money’ mortgages to those who want a home but really cannot afford the repayments. These people do not understand that once the time low interest rates is up, they will then have to pay a great . . . → Read More: Episode 33 – How Common Is Foreclosure?
By Bill, on November 14th, 2008%
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There are several ways to stop a foreclosure, but the best way is to prevent it from happening in the first place. To do this, you must act before your lender files that notice of default. If you call your lender as soon as you know that your payment will be late – or . . . → Read More: Episode 32 – Can You Stop a Foreclosure?
By Bill, on November 12th, 2008%
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What is Foreclosure?
When a person buys real estate such as a house on a block of ground, they mostly need to borrow money from a lending organization. They then have to pay back this money – plus interest – over a period of years. Since life . . . → Read More: Episode 31 – What is Foreclosure?