FINANCIAL CARE

It often happens that you do not understand how you fritter away all your money. It happened with me all the time. I kept wondering at the end of each month. Now I have learn how to get rid of this worry. Let me share the 'how' bit with you. I had mentioned about an income statement in my last post. There are a number of advantages and reasons why one should get into the habit of preparing regular personal income statement. Let us discuss them. To track your expenses : Maintaining a personal monthly income statement is an excellent way to track your monthly and yearly expenditure. Generally income statements consist of the following categories: gross monthly income, rent, car payment, groceries, gas/transportation, bills (which include phone, common utilities, credit card payments and student loans), groceries, entertainment, and miscellaneous items. To draft out a Savings Plan : It is very important to make a Savings Plan at the right time. This comes handy during times of eme

Foreign exchange market or Forex market is the biggest financial market of the world. It is also expressed as FX market. All the expressions are applied to delineate the business of buying and selling of different currencies of the world where over $2 trillion change owners on a daily basis. Foreign exchange market is a global market where currencies are bought and sold simultaneously without restraint. Forex trading was introduced in the 1970s. It has evolved since then and has become the largest financial market with maximum liquidity. The volume of daily trading in the Forex market is higher than 100 times that of the New York Stock Exchange (NYSE). For making investments, Forex market is an ideal market since it is independent from any outside dominance and there is free competition. More often than not, forex trading is speculative and not similar to stock market trading. Foreign exchange trading operations are not carried out by any central exchange but an Interbank market, which

The Tribunals, Courts and Enforcement Act 2007 introduced another great alternative to bankruptcy in USA-Debt Relief Order . If you are struggling with several unsecured debts and have no disposable income to pay off, DRO can be the right choice. This has been in vogue since April 2009. DRO is applicable only to the residents of England and Wales. A DRO has been granted by the Insolvency Services and is a much cheaper debt solutions as compared to bankruptcy. For applying for a DRO: * Your total debt amount should not exceed £15,000 * Your assets must be less than £300 * You must have less than £50 spare income per month after deducting the normal household expenses * You must not be subjected to a DRO within the last 6 years. When it comes to a DRO, you can include almost all your debts as long as it does not exceed £15,000. DRO includes all your priority debts such as rent arrears, energy debts, council tax, VAT, income tax as well as national insurance. In a DRO you mus

There are many options which can help the individuals to get a refinance loan. Refinance loans are really helpful for those individuals who have an old loan and they want to replace it with a new loan. This kind of a situation arises when the individual is not able to repay his or her old loan and they there have been many over dues for their past loan. At this point of time they need help from someone who can re pay their old loan. The lender who will pay their old loan is lending his or her money to the individual so that the individual can pay him or her, back the money. With the concept of refinancing, both the new money lender and the old borrower are benefited especially those who are into the business of multifamily apartment refinance loans . The borrower can clear of his or her old debt and the new money lender get a chance to lend money with terms and conditions that the borrower will pay back him or her, the money along with interest. The borrowers can find the refinancing o

Credit card debt is a perpetual problem that is gripping the entire nation. Presently America's total debt is $13 trillion and counting.   Did you know that almost 68% of working Americans need debt relief and the number is growing every day? The system of credit card bills, high interest rates, medical bills etc is a nefarious trap. The money evaporates even before you realize. However, there is hope for you. The solution to all the credit card problem is a debt settlement service. When you research on debt relief programs on the Internet, you might find many articles with the opinion that debt settlement can be done by one own self as it is a simple method and involves no costs. However, is it really that easy to handle your own debt? It is always advisable to let a debt settlement attorney handle the entire situation. It is definitely not worthwhile for you to take any unnecessary financial risk. If you do not have a strong financial background, it is best to let a legal consult

If you think that you are captured with your immense increasing of your monthly payments and looking for solution which you can use for the increase of your loan tenure system and as well rate and the another scenario is that you may trying to pay off your debt as faster but the foremost is that you need to gain knowledge about what refinancing of mortgage is functioning. Function of mortgage refinancing Refinancing defines the back up of debt document or obligation with debt burden under different time period. If we apply for new loan application on the same balance and against the same property there is nothing changed in current loan balance and collateral security? Some grass root reasons while apply for refinancing While go for refinancing your house need to consider these are the points below mentioned: 1. Savings: if your tenure of loan is extended your interest is higher in initial and your principal is less deduction from your payments on the contrary if the procedure is conti

Settlement your debt with the help of god debt consolidation companies, in market there are various debt companies who offer service to get of your debt related hurdles. And the lead majority has been taken is credit card when he show his full range of color then it will converted for us as debt settlement which is commonly known as credit card debt settlement . As far as concerned about the debt relief option the biggest one is credit card debt settlement and there are several parameters to solve it legally, and it is much more convenient for both the parties debtors and lender. However everyone is not aware of the process of credit card debt settlement . Through this article i will focus on the subject credit card debt settlement basic fundamental process which will help to pay your debt legally and free yourself from the difficult and breathless life of intense debt problem without any bankruptcy troubles. Some of the conditions you need to keep in mind before apply for debt settl