Recent Articles

  • Financial advisors need to be fired too…
    You’ve probably gone to great lengths to screen through several financial advisors before settling for one, but your responsibility and role doesn’t end when you end up hiring one. If you feel that Johnny (let’s assume his name is Johnny) isn’t up to the mark, you should simply cut him loose and get someone new. There are, after all, several fish in the pond and picking a new one from several financial advisors is not that difficult. But how do you know the time has come to go your separate ways? Perhaps when you feel that the advisor is looking out for his interests more than he is yours, it’s time to say adios and do a Trump by screaming “you’re fired!!” All too often, we end up giving money to people without running a background check first. What’s worse is the fact that they believe they’re not getting full  [...]
    Posted at February 14th, 2011 at 03:02 am
  • Financial budgeting is easier than ever by using technology
    The most common refrain I hear when people talk about financial budgeting (or their inability to do so) is that they don’t have the time, the know-how or the resources to get their spending under control. But all of that should be a thing of the past because technology has made it easier than ever to budget and cut back on expenses. All the tools are there to be used and they’re all simple as heck to learn. All that is missing though is the will-power and the desire to make this technology work for them. The means to leverage this technology is all there, and especially when it comes to personal finances. You can make the simplest budget using Excel or some other such program (or Numbers for you Mac users, if you so please). You can even download and print out a far more nuanced and complex budget calculator, and the best part  [...]
    Posted at February 9th, 2011 at 01:02 am
  • Buyer’s remorse, such a common affliction
    Just yesterday I felt really down in the dumps. And the best part was that I didn’t know why this was the case. Soon though, it hit me. Buyer’s remorse. I had been on a junket through south-east Asia and bought all sorts of crazy knick knacks I never would have bought otherwise. For example, a plastic bedside alarm that glows in multiple colors in the dark when you tap it once (okay, it cost just $2 and is maybe worth it). Or for example, the double sided lighter that has a wind resistant flame on the other side. Or all those damned silk purses I bought. Yes, they were cheap. But why did I buy so many? I don’t even know those many girls! Buyer’s remorse is such a common affliction. It makes most of us feel in a way guilty or repentant about spending money for no good reason. And that holds equally true for planned purchases  [...]
    Posted at February 7th, 2011 at 01:02 am
  • Pay off credit card debt, stop whining about it
    I’m going to be flat out honest with you guys. I haven’t got a scientific formula down for this, but I’m pretty damn sure I’m right. Come to think of it, the last time I was wrong was when I thought I was wrong. But I digress…long story short, I’m sure that there’s a strong correlation to be found between those with a sorry financial situation and whining about the manner in which big banks have ensnared them in this mess they find themselves in. Wall Street and all the financial fat cats in the world are always to blame. Now don’t get me wrong…I think most of them are dirt bags too. But I’d rather pay off credit card debt than whine about my lot in life. And why just credit cards? Mortgages, investments, anything financial that has gone wrong with us is never our fault. And instead of trying to find out exactly  [...]
    Posted at February 2nd, 2011 at 05:02 am
  • NFCC’s Poster Contest Is Financial Literacy in Disguise
    The hefty debt is a common problem with most American. People of America survive in worries regarding repayment of loans and they always search for ways to reduce their debt burden. Consumer credit counseling services agencies help in his issue. These agencies come in different shapes and sizes and several names appear before you when you search for credit counseling agencies. Debtors are sure to get baffled in such a case as to which agency to choose. One of the easiest options to get the counseling service is switching to NFCC (National Foundation for Credit Counseling). It is anon-profit organization that works for the benefit of consumers who are stuck with debt burden. This agency offers financial literacy, debt counseling, debt consolidation and counseling on budgeting. Recently NFCC organized National Financial Literacy Poster  [...]
    Posted at February 1st, 2011 at 12:02 am
  • Bag jobs even during tough economic times
    The status of a country’s economy is an indicator of almost all the markets within the boundaries of that particular nation. Obviously, job market is also included in the list of markets that are affected by the economy. And when the economy is in a downward trend the condition in job market becomes piteous. The downsizing of the economy insists the companies to cut their costs and companies pull axes to start cost-cutting with the first blow on the manpower. It results in massive unemployment and job market shows no hope for job seekers. Now, if someone says that such a job market situation can also fetch jobs, then that will never be acceptable. And you will probably take it as a shoddy joke. But there are several time tested strategies that shows desirable results in job search, even during hard economic times. Several strategies  [...]
    Posted at January 27th, 2011 at 04:01 am
  • United Way takes Credit Counseling beyond Central New York
    Recent news on credit counseling in America will bring smiles on million faces. The United Way has decided to team up with Consumer Credit Counseling Service of New York and offer counseling services to people who are suffering from credit, debt and budgeting issues. Consumer Credit Counseling Service of New York or CCCS is non-profit organization that offers financial counseling and related assistance to families and individuals all over central New York. The counselors of this non-profit agency are certified to help individuals with debt repayment and their service is free of cost to people of any income level. So far only the clients of CCCS i.e., people staying in central New York use to avail their consumer credit counseling services. But with the advent of this collaboration with United Way credit counseling services can now  [...]
    Posted at January 24th, 2011 at 12:01 am
  • New Debt Management Plan in Atlanta: Remedy for Debt Burdens
    We often find ourselves in deep waters while managing our debts. One can be in real trouble I he is not guided by an experience debt managed advices, which will help him to create an effective debt management plan. This is a common problem in all families as the earning members go crazy to search for a suitable debt management plan. Recent news caught my attention that explained about debt management plan. This debt management plan has been designed to help the consumers of Atlanta blighted by heavy debts. This comprehensive plan will assist consumers by in simple and easy steps to manage their debts. Moreover, lenders are willing to offer reasonably low rates of interest to the consumers who enroll themselves in this debt management plan. It is expected that consumers who enroll themselves in this plan will be receiving interest  [...]
    Posted at January 19th, 2011 at 12:01 am
  • Wedding ideas on a budget waives off the effect of price rise
    We all get exhausted daily as our pockets become thin by the pressure of price rise. Yet we cannot overlook special occasions like birthday party, New Year’s celebration, Christmas and wedding. Wedding has special significance in everyone’s life and needless to say every individual wants to make his/her wedding a memorable event. But while planning to make your wedding a special one you cannot ignore the harsh realities, which includes rise in every market. Be it a product or a service, you cannot escape the effects of inflation. I have seen many people within my acquaintances, going for unconventional ideas to organize their wedding that fits their budget. Such wedding ideas on a budget are specially designed to make the event look splendid. List of wedding ideas on a budget Selecting the place for wedding is an important job.  [...]
    Posted at January 17th, 2011 at 12:01 am
  • Money savings tips: I wish someone had talked to me in college
    When the bottom fell out of the real estate market and mortgages started to be defaulted on, no one quite knew what was happening. Perhaps the system itself was to blame for everything and perhaps the individuals at the heart of that system, us consumers, were to blame. But I do know one thing for sure; the generation (and generations) prior to our own had no such problems since theirs was a more frugal generation while we are more consumerist by nature. Perhaps they had someone to pass on money savings tips to them, perhaps they didn’t. But I know I wish that someone had passed on some knowledge to me back when I was in college. It sure would have helped. Of course, many got suckered into buying mortgages that they couldn’t really afford, but mortgage brokers are as much to blame as the buyers themselves. The terms of their  [...]
    Posted at January 12th, 2011 at 04:01 am