Credit Counseling Services - Get A Free Objective Assessment Of Your Financial Situation

Free consumer credit counseling services have solved problems of thousands of credit card Credit7ors. These services enabled credit card Credit7ors to know the best ways to get rid of their massive unsecured Credit7s with their existing income, expenditure and other Credit0 details. The Free credit counseling services analyzed all these details and provided beneficial and effective counseling services.

Although counseling services have been questioned with passage of time but statistics have shown that credible and professional credit counselors helped their clients a lot and successfully brought them out from their massive credit card Credit7s. These services are still contributing in helping thousands of credit card consumers to achieve Credit0 freedom and complete access to their Credit7 free lives.

Credit counseling services are proving very helpful in stabilizing the lives of those credit card Credit7ors, who became desperate due to their weak Credit0 conditions and inabilities of Credit7 repayments.

Through free consumer counseling, you can get free suggestions about maintaining and strengthening your regular flow of income. You can get free objective assessment of your Credit0 situation on the basis of your income streams, expenditures, total liabilities, interest rates, penalties, possible income sources and other details.

Free credit counseling also provides you educational programs so that you can be able to seek the opportunities for getting rid of your credit card Credit7. Credit counseling services, after analyzing your unique Credit0 situation, will suggest you any particular repayment plan through which you can effectively and affordably come out of your massive unsecured Credit7s.

Credit counseling can also suggest you any particular Credit7 Counseling1 program that can best suit your personal Credit0 capabilities, needs and requirements. These free credits counseling services also provide you certain strategies through which you can not only meet your credit card obligations but you can also restore your Credit0 status.

Before availing credit counseling services, you must make sure that you are approaching the most credible and excellent track record counseling company so that you can get the most accurate solutions of your entire Credit0 problems.

Free consumer credit counseling services have solved problems of thousands of credit card Credit7ors. These services enabled credit card Credit7ors to know the best ways to get rid of their massive unsecured Credit7s with their existing income, expenditure and other Credit0 details. The Free credit counseling services analyzed all these details and provided beneficial and effective counseling services.

Although counseling services have been questioned with passage of time but statistics have shown that credible and professional credit counselors helped their clients a lot and successfully brought them out from their massive credit card Credit7s. These services are still contributing in helping thousands of credit card consumers to achieve Credit0 freedom and complete access to their Credit7 free lives.

Credit counseling services are proving very helpful in stabilizing the lives of those credit card Credit7ors, who became desperate due to their weak Credit0 conditions and inabilities of Credit7 repayments.

Through free consumer counseling, you can get free suggestions about maintaining and strengthening your regular flow of income. You can get free objective assessment of your Credit0 situation on the basis of your income streams, expenditures, total liabilities, interest rates, penalties, possible income sources and other details.

Free credit counseling also provides you educational programs so that you can be able to seek the opportunities for getting rid of your credit card Credit7. Credit counseling services, after analyzing your unique Credit0 situation, will suggest you any particular repayment plan through which you can effectively and affordably come out of your massive unsecured Credit7s.

Credit counseling can also suggest you any particular Credit7 Counseling1 program that can best suit your personal Credit0 capabilities, needs and requirements. These free credits counseling services also provide you certain strategies through which you can not only meet your credit card obligations but you can also restore your Credit0 status.

Before availing credit counseling services, you must make sure that you are approaching the most credible and excellent track record counseling company so that you can get the most accurate solutions of your entire Credit0 problems.

Cons of Filing For Bankruptcy

The cons of filing for bankruptcy are many and long. There are of course positives to doing this, but the negative list is quite intimidating.

The first thing is that it will stay on your record for many years. During this time no matter what else you do, that mark will still be there for people to see and judge you by. This both makes things difficult Credit0ly, and emotionally. Dealing with the shame is the thing that holds a lot of people back from moving forward in multiple arenas after bankruptcy.

This record gets looked at a lot more than you might think. It comes up when you go to apply for jobs, apartments, a mortgage, a credit card, a rental car, any kind of insurance, etc. The list goes on and on. There really isn't a way to escape that this is a part of your life for the years to come.

Filing itself is a long and painful process. You have to go over everything in detail and go through a LOT of paperwork and go before judges...there's always more to do. And once you finally get through it all, you have to start working on rebuilding your credit, so it never really feels "over".

It's going to take a lot of effort and time to rebuild your Credit0 history and get a decent credit score again. While the bankruptcy itself won't come off for a very long time, you can have a decent score again in as little as two years--but only if you're constantly on top of your finances and actively working on rebuilding your credit. This takes up a lot of effort and time and will effect a lot of your life decisions.

As you can see, there are a lot of cons to filing for bankruptcy, however often once it comes to the point to make the decision, it's often your only choice and avoiding it can actually make things even more difficult than the problems listed here. When you're at this point, it's always good to consult a Credit0 professional for advice on your situation from an outsider.

The cons of filing for bankruptcy are many and long. There are of course positives to doing this, but the negative list is quite intimidating.

The first thing is that it will stay on your record for many years. During this time no matter what else you do, that mark will still be there for people to see and judge you by. This both makes things difficult Credit0ly, and emotionally. Dealing with the shame is the thing that holds a lot of people back from moving forward in multiple arenas after bankruptcy.

This record gets looked at a lot more than you might think. It comes up when you go to apply for jobs, apartments, a mortgage, a credit card, a rental car, any kind of insurance, etc. The list goes on and on. There really isn't a way to escape that this is a part of your life for the years to come.

Filing itself is a long and painful process. You have to go over everything in detail and go through a LOT of paperwork and go before judges...there's always more to do. And once you finally get through it all, you have to start working on rebuilding your credit, so it never really feels "over".

It's going to take a lot of effort and time to rebuild your Credit0 history and get a decent credit score again. While the bankruptcy itself won't come off for a very long time, you can have a decent score again in as little as two years--but only if you're constantly on top of your finances and actively working on rebuilding your credit. This takes up a lot of effort and time and will effect a lot of your life decisions.

As you can see, there are a lot of cons to filing for bankruptcy, however often once it comes to the point to make the decision, it's often your only choice and avoiding it can actually make things even more difficult than the problems listed here. When you're at this point, it's always good to consult a Credit0 professional for advice on your situation from an outsider.

Chapter 13 Bankruptcy the Swiss Army Knife of Financial Tools

In these days of Credit0 meltdowns and trillion dollar bail-outs Bankruptcy has become a valuable Credit0 tool for consumers and businesses facing diverse Credit0 problems.

My law practice concentrates in solving Credit0 problems and educating clients on the many ways a Chapter 13 Bankruptcy can be used to solve those Credit0 problems.

The Chapter 13 Bankruptcy can solve so many of these common Credit0 problems that we call it the Swiss Army Knife of Credit0 tools.

Summary of uses for a Chapter 13 Bankruptcy

• Forces creditors to accept past due mortgage or vehicle payments
• Forces mortgage lenders to allow a borrower to catch up on past due payments over time
• Forces creditors who issue credit cards to accept payments without interest
• Forces creditors who issue credit cards to accept payments for less that what is owed
• Forces the IRS to accept payments on past due taxes without the interest or penalties
• Forces second mortgage lenders to accept a loan modification

Here is a more comprehensive explanation of the benefits of Chapter 13 Bankruptcy:

Consumers who are past due on their home or vehicle payments.
Consumers who have run into Credit0 problems and who now find themselves behind on their mortgages or vehicles will often call their lender and ask to make up the back payments (arrearages). Most often the lenders will not accept a payment plan... it is all or nothing... pay the arrearages in full, or we foreclose and take your home (or car).

A Chapter 13 Bankruptcy can help. If a homeowner is behind on their mortgage the U.S. Bankruptcy code allows the homeowner to pay off their mortgage arrearages over time. The Chapter 13 can force the mortgage lender to start accepting the homeowner's regular mortgage payments. What's more a homeowner who is $24,000 behind on their mortgage, through a Chapter 13, can force the mortgage lender to accept sixty payments of $400 a month to bring the mortgage current.

Consumers who have accumulated too much credit card Credit7.
Often consumers accumulate very large balances on their credit cards. Sometimes it is consumers living beyond their means and unwilling to discipline their spending. However, most of the time consumers have had a Credit0 setback (layoff, pay cut, downsized out of a job, a protracted illness) then are forced to use their credit cards to pay everyday living expenses trying to stay afloat.

It is not unusual for individuals to come to us owing $125,000 to $300,000 to credit card companies. The problem is the high credit card interest assures that the consumer will never get their Credit7 paid off. With $100,000 in credit card balances at an 18% interest rate (interest on credit cards can be much higher) the consumer pays $1,500 a month in interest. This means that unless the consumer makes payments substantially greater that 1,500 a month the balance on these credit cards keeps on increasing.

A Chapter 13 Bankruptcy can help. The day the Chapter 13 Bankruptcy is filed, a snapshot of your total credit card Credit7 is taken. From that point forward the Bankruptcy code prohibits the credit card companies from charging any more interest. With a Chapter 13 Bankruptcy a consumer can pay off their credit card Credit7 without the burden of the interest.

Even better, the Chapter 13 may allow the consumer (based on their current income) to pay back their credit card Credit7 for pennies on the dollar.

IRS problems caused by past due taxes.
For various reasons people will get behind on their taxes. When this happens the IRS will assesses both interest and penalties. In fact if a taxpayer fails to file their tax return and pay the tax, the IRS will tack on interest and penalties amounting to 5% per month for the first five months.

Even worse, after the first five months with a cumulative penalty of 25%, the IRS continues to charge interest on the outstanding tax balance ranging between 6% and 8%. It is not unusual for a taxpayer's bill to double within eighteen to twenty-four months from the date of their failure to file their tax return.

A Chapter 13 Bankruptcy can help. At the filing of a Chapter 13 Bankruptcy a snapshot of the total tax bill is taken. This amount is frozen and the Chapter 13 Bankruptcy allows the consumer to pay these taxes with no further interest or penalties. This can save the consumer $500 to $1,000 per month in interest charges.

When it comes to taxes the taxpayer must pay the IRS in full. However, in a Chapter 13 Bankruptcy the taxpayer can choose to pay the IRS over a 36 month or 60 month period... and the best part, no interest.

My law firm sees clients that otherwise have no Credit0 problems except a huge Credit7 with the IRS. In these cases the taxpayer will often choose to file a Chapter 13 Bankruptcy as a cheaper alternative to a traditional IRS installment plan.

Modify your second mortgage.
Today many consumers are struggling to pay their monthly mortgage. In an effort to help borrowers avoid foreclosure mortgage, lenders sometimes allow borrowers modify their mortgage. A mortgage modification is where the mortgage lender will redo a loan on terms more favorable to the borrower. Unfortunately, most borrowers do not qualify for the loan modifications offered by their lenders.

A Chapter 13 Bankruptcy can help. A Chapter 13 Bankruptcy will allow a borrower to modify a unsecured second mortgage. If a second mortgage is 100% unsecured, meaning there is no equity in the home supporting the second mortgage, it can be modified in a Chapter 13 Bankruptcy.

If a Credit7or filing a Chapter 13 Bankruptcy is paying back their unsecured creditors (basically credit cards) at a rate of 20 cents on the dollar, the Bankruptcy Code allows the Credit7or to modify a wholly unsecured second mortgage and pay the second mortgage at the same rate being paid to the unsecured creditors, in this example 20 cents on the dollar.

Consult a qualified Bankruptcy attorney to determine if your second mortgage can be modified in a Chapter 13 Bankruptcy.

In these days of Credit0 meltdowns and trillion dollar bail-outs Bankruptcy has become a valuable Credit0 tool for consumers and businesses facing diverse Credit0 problems.

My law practice concentrates in solving Credit0 problems and educating clients on the many ways a Chapter 13 Bankruptcy can be used to solve those Credit0 problems.

The Chapter 13 Bankruptcy can solve so many of these common Credit0 problems that we call it the Swiss Army Knife of Credit0 tools.

Summary of uses for a Chapter 13 Bankruptcy

• Forces creditors to accept past due mortgage or vehicle payments
• Forces mortgage lenders to allow a borrower to catch up on past due payments over time
• Forces creditors who issue credit cards to accept payments without interest
• Forces creditors who issue credit cards to accept payments for less that what is owed
• Forces the IRS to accept payments on past due taxes without the interest or penalties
• Forces second mortgage lenders to accept a loan modification

Here is a more comprehensive explanation of the benefits of Chapter 13 Bankruptcy:

Consumers who are past due on their home or vehicle payments.
Consumers who have run into Credit0 problems and who now find themselves behind on their mortgages or vehicles will often call their lender and ask to make up the back payments (arrearages). Most often the lenders will not accept a payment plan... it is all or nothing... pay the arrearages in full, or we foreclose and take your home (or car).

A Chapter 13 Bankruptcy can help. If a homeowner is behind on their mortgage the U.S. Bankruptcy code allows the homeowner to pay off their mortgage arrearages over time. The Chapter 13 can force the mortgage lender to start accepting the homeowner's regular mortgage payments. What's more a homeowner who is $24,000 behind on their mortgage, through a Chapter 13, can force the mortgage lender to accept sixty payments of $400 a month to bring the mortgage current.

Consumers who have accumulated too much credit card Credit7.
Often consumers accumulate very large balances on their credit cards. Sometimes it is consumers living beyond their means and unwilling to discipline their spending. However, most of the time consumers have had a Credit0 setback (layoff, pay cut, downsized out of a job, a protracted illness) then are forced to use their credit cards to pay everyday living expenses trying to stay afloat.

It is not unusual for individuals to come to us owing $125,000 to $300,000 to credit card companies. The problem is the high credit card interest assures that the consumer will never get their Credit7 paid off. With $100,000 in credit card balances at an 18% interest rate (interest on credit cards can be much higher) the consumer pays $1,500 a month in interest. This means that unless the consumer makes payments substantially greater that 1,500 a month the balance on these credit cards keeps on increasing.

A Chapter 13 Bankruptcy can help. The day the Chapter 13 Bankruptcy is filed, a snapshot of your total credit card Credit7 is taken. From that point forward the Bankruptcy code prohibits the credit card companies from charging any more interest. With a Chapter 13 Bankruptcy a consumer can pay off their credit card Credit7 without the burden of the interest.

Even better, the Chapter 13 may allow the consumer (based on their current income) to pay back their credit card Credit7 for pennies on the dollar.

IRS problems caused by past due taxes.
For various reasons people will get behind on their taxes. When this happens the IRS will assesses both interest and penalties. In fact if a taxpayer fails to file their tax return and pay the tax, the IRS will tack on interest and penalties amounting to 5% per month for the first five months.

Even worse, after the first five months with a cumulative penalty of 25%, the IRS continues to charge interest on the outstanding tax balance ranging between 6% and 8%. It is not unusual for a taxpayer's bill to double within eighteen to twenty-four months from the date of their failure to file their tax return.

A Chapter 13 Bankruptcy can help. At the filing of a Chapter 13 Bankruptcy a snapshot of the total tax bill is taken. This amount is frozen and the Chapter 13 Bankruptcy allows the consumer to pay these taxes with no further interest or penalties. This can save the consumer $500 to $1,000 per month in interest charges.

When it comes to taxes the taxpayer must pay the IRS in full. However, in a Chapter 13 Bankruptcy the taxpayer can choose to pay the IRS over a 36 month or 60 month period... and the best part, no interest.

My law firm sees clients that otherwise have no Credit0 problems except a huge Credit7 with the IRS. In these cases the taxpayer will often choose to file a Chapter 13 Bankruptcy as a cheaper alternative to a traditional IRS installment plan.

Modify your second mortgage.
Today many consumers are struggling to pay their monthly mortgage. In an effort to help borrowers avoid foreclosure mortgage, lenders sometimes allow borrowers modify their mortgage. A mortgage modification is where the mortgage lender will redo a loan on terms more favorable to the borrower. Unfortunately, most borrowers do not qualify for the loan modifications offered by their lenders.

A Chapter 13 Bankruptcy can help. A Chapter 13 Bankruptcy will allow a borrower to modify a unsecured second mortgage. If a second mortgage is 100% unsecured, meaning there is no equity in the home supporting the second mortgage, it can be modified in a Chapter 13 Bankruptcy.

If a Credit7or filing a Chapter 13 Bankruptcy is paying back their unsecured creditors (basically credit cards) at a rate of 20 cents on the dollar, the Bankruptcy Code allows the Credit7or to modify a wholly unsecured second mortgage and pay the second mortgage at the same rate being paid to the unsecured creditors, in this example 20 cents on the dollar.

Consult a qualified Bankruptcy attorney to determine if your second mortgage can be modified in a Chapter 13 Bankruptcy.

Budgeting for Summer Vacation

With summer vacation time fast approaching, many people start thinking about when they will take their summer vacation. Because the economy has gone through a period of instability and more people are having a difficult time keeping up with their bills, it may seem too difficult to pay for a summer vacation. However, the good news is when you plan early and implement a cost saving plan, you can still have a wonderful and memorable summer vacation.

Save Early: You will find if you start saving early such as early fall, you will end up accumulating a fair amount of money for a summer vacation. Consider opening a special summer vacation saving account. Each pay cheque, take a portion and deposit it in your savings account. By the time summer arrives, you will likely have saved a chunk of money for your vacation.

Avoid Credit Cards: If you do not have money for your vacation, it can be Credit0ly risky paying for a vacation using your credit cards. It may pay for the vacation, but you will have such a high credit card bill with high interest rates, you could end up with an overwhelming Credit7 where your credit history is at risk and you are unable to pay your bills.

Choose an Affordable Vacation: Taking a vacation does not mean you have to travel to an expensive and exotic location. Check your own region for fun places to take a vacation. For instance camping in a national park with the kids is a lot of fun and very affordable. When traveling by vehicle, bring food and beverages with you to cut down on restaurant costs. If you do stay in a hotel, stay in a room with a kitchenette so you can prepare your own meals. Make sure you check out travel discount sites where you often find great deals on hotels. You can do a coupon search for hotels and even airline tickets. As well, any item that can be brought from home such as sunscreen, bathing suits, beach towels, will help lower your costs.

Cheap Vacation Activities: There are lots of fun things you can do on vacation that are cheap and often free. For instance, spending the day at a beach or hiking through a park will not cost much. You can also check out tourist attractions in the area that are inexpensive such as museums, some offer free admission on certain days. As well, look for discounts and deals on activities and attractions. It is important to do your research before you go on vacation.

You can have a lot of fun on your summer vacation without going into Credit7. It just takes a little planning well in advance and creating an efficient and affordable budget that is easy to follow. Saving your money, looking for discounts and deals, implementing cost saving measures, will all help make your summer vacation more affordable. You will have fun, create wonderful memories and most importantly, stay out of Credit7.

With summer vacation time fast approaching, many people start thinking about when they will take their summer vacation. Because the economy has gone through a period of instability and more people are having a difficult time keeping up with their bills, it may seem too difficult to pay for a summer vacation. However, the good news is when you plan early and implement a cost saving plan, you can still have a wonderful and memorable summer vacation.

Save Early: You will find if you start saving early such as early fall, you will end up accumulating a fair amount of money for a summer vacation. Consider opening a special summer vacation saving account. Each pay cheque, take a portion and deposit it in your savings account. By the time summer arrives, you will likely have saved a chunk of money for your vacation.

Avoid Credit Cards: If you do not have money for your vacation, it can be Credit0ly risky paying for a vacation using your credit cards. It may pay for the vacation, but you will have such a high credit card bill with high interest rates, you could end up with an overwhelming Credit7 where your credit history is at risk and you are unable to pay your bills.

Choose an Affordable Vacation: Taking a vacation does not mean you have to travel to an expensive and exotic location. Check your own region for fun places to take a vacation. For instance camping in a national park with the kids is a lot of fun and very affordable. When traveling by vehicle, bring food and beverages with you to cut down on restaurant costs. If you do stay in a hotel, stay in a room with a kitchenette so you can prepare your own meals. Make sure you check out travel discount sites where you often find great deals on hotels. You can do a coupon search for hotels and even airline tickets. As well, any item that can be brought from home such as sunscreen, bathing suits, beach towels, will help lower your costs.

Cheap Vacation Activities: There are lots of fun things you can do on vacation that are cheap and often free. For instance, spending the day at a beach or hiking through a park will not cost much. You can also check out tourist attractions in the area that are inexpensive such as museums, some offer free admission on certain days. As well, look for discounts and deals on activities and attractions. It is important to do your research before you go on vacation.

You can have a lot of fun on your summer vacation without going into Credit7. It just takes a little planning well in advance and creating an efficient and affordable budget that is easy to follow. Saving your money, looking for discounts and deals, implementing cost saving measures, will all help make your summer vacation more affordable. You will have fun, create wonderful memories and most importantly, stay out of Credit7.

5 Tips on Saving Money - Even on a Tight Budget

With the average American saving less than $400 a year, it would seem pretty obvious that we have trouble saving money. Add to that the statistic that the average American household carries over $100,000 in Credit7 (which includes secured and unsecured Credit7 as well as home mortgages) it would seem fairly obvious that we are also on tight budgets. So, how do you save money and build wealth when you are just barely making ends meet and trying to dig your way out of Credit7 on a tight budget? Here are five tips to get you started.

Tip #1

Track all of your expenditures for at least a month and find out where your money is going. When I say all, I mean all. If you buy a pack of chewing gum with the change in your console, write it down. The best way I've found to track my expenses is to ask for a receipt every time whether I'm paying by debit, check or cash. You don't have to keep the receipts forever, but it's the best way to determine where your money is going and if there are any places you can save money.

As a general rule, people aren't as overextended as they think they are. We say we are living paycheck-to-paycheck but in reality we are "treating ourselves" on a fairly regular basis which adds up to a significant amount of money over time.

David Bach calls this the "Latte Factor". Instead of buying that Starbucks coffee save the money you would have spent on it instead. You'll be amazed at how much this will add up to overtime.

Tip #2

Make your savings plan Counseling7matic. If your company offers direct deposit, have a portion of every paycheck deposited into a savings account. If your company doesn't offer direct deposit, ask your bank or credit union to Counseling7matically transfer money from your checking account to your savings account monthly - or even better - each time you get paid.

Tip #3

Put your loose change in savings. Instead of throwing your change on your dresser, or in your console, and then raiding it now and then for purchases, take this money down to your bank and deposit it into your savings account. It adds up a lot more quickly than you think. Even a small jar can hold a large amount of money in change!

Tip #4

Take advantage of free money. If your company offers matching retirement funds, be sure to contribute at least the matching amount into your retirement fund - otherwise, you are throwing away free money every payday!

Tip #5

Look for bargains. Not everything you buy has to be brand new. In fact, you will save thousands of dollars by purchasing used items over new. Some people don't like the idea of wearing used clothing. I've actually found brand new, tags-still-on bargains that cost the original buyer hundreds at a department store and, for whatever reason, the outfit was never worn and turned over to a consignment shop selling for a fraction of the price.

Cars are another thing you shouldn't buy new. That brand new luxury vehicle will lose thousands of dollars worth of value as soon as you drive it off the lot. In fact, it will lose 15-20% of its value every year. So, why in the world would I want to spend $25,000 on a brand new car that I can buy for $16,000 two years later? Why not let someone else take that hit? I would rather buy some new leather air freshener and save the $9,000 instead.

This is just the tip of the iceberg. I guarantee you that if I went through your bills and receipts for a month I could find ways that you could save money. My best advice is to start saving today--even if you start small. You'll soon develop the habit of saving money and be able to increase your savings amount so that you can stop being broke and begin to build wealth.

With the average American saving less than $400 a year, it would seem pretty obvious that we have trouble saving money. Add to that the statistic that the average American household carries over $100,000 in Credit7 (which includes secured and unsecured Credit7 as well as home mortgages) it would seem fairly obvious that we are also on tight budgets. So, how do you save money and build wealth when you are just barely making ends meet and trying to dig your way out of Credit7 on a tight budget? Here are five tips to get you started.

Tip #1

Track all of your expenditures for at least a month and find out where your money is going. When I say all, I mean all. If you buy a pack of chewing gum with the change in your console, write it down. The best way I've found to track my expenses is to ask for a receipt every time whether I'm paying by debit, check or cash. You don't have to keep the receipts forever, but it's the best way to determine where your money is going and if there are any places you can save money.

As a general rule, people aren't as overextended as they think they are. We say we are living paycheck-to-paycheck but in reality we are "treating ourselves" on a fairly regular basis which adds up to a significant amount of money over time.

David Bach calls this the "Latte Factor". Instead of buying that Starbucks coffee save the money you would have spent on it instead. You'll be amazed at how much this will add up to overtime.

Tip #2

Make your savings plan Counseling7matic. If your company offers direct deposit, have a portion of every paycheck deposited into a savings account. If your company doesn't offer direct deposit, ask your bank or credit union to Counseling7matically transfer money from your checking account to your savings account monthly - or even better - each time you get paid.

Tip #3

Put your loose change in savings. Instead of throwing your change on your dresser, or in your console, and then raiding it now and then for purchases, take this money down to your bank and deposit it into your savings account. It adds up a lot more quickly than you think. Even a small jar can hold a large amount of money in change!

Tip #4

Take advantage of free money. If your company offers matching retirement funds, be sure to contribute at least the matching amount into your retirement fund - otherwise, you are throwing away free money every payday!

Tip #5

Look for bargains. Not everything you buy has to be brand new. In fact, you will save thousands of dollars by purchasing used items over new. Some people don't like the idea of wearing used clothing. I've actually found brand new, tags-still-on bargains that cost the original buyer hundreds at a department store and, for whatever reason, the outfit was never worn and turned over to a consignment shop selling for a fraction of the price.

Cars are another thing you shouldn't buy new. That brand new luxury vehicle will lose thousands of dollars worth of value as soon as you drive it off the lot. In fact, it will lose 15-20% of its value every year. So, why in the world would I want to spend $25,000 on a brand new car that I can buy for $16,000 two years later? Why not let someone else take that hit? I would rather buy some new leather air freshener and save the $9,000 instead.

This is just the tip of the iceberg. I guarantee you that if I went through your bills and receipts for a month I could find ways that you could save money. My best advice is to start saving today--even if you start small. You'll soon develop the habit of saving money and be able to increase your savings amount so that you can stop being broke and begin to build wealth.

A Brief Outline on the Home Loans Sector in India

Mr. P.S Sharma had always dreamt of owning his own house in the ultra modern locality of South Delhi. But like most of us, he was unaware of the basics of a Home Loan. He did some research in prevailing situation and came up with some interesting insights.

Undoubtedly, owning a home is the biggest dream of an average family and therefore, it goes beyond monetary consideration. In the current scenario, it has gained huge demand, which in turns has aroused cut throat competition between public and private players.

A Quick look at Home Loan Providers in India

There are 2 types of lenders currently existing in the market-

(1) Banks= Like ICICI Bank, State Bank of India, Punjab National Bank and many more.
(2) Housing Finance Companies= Like LIC Housing Finance, Dewan Housing Finance, Dewan Housing Finance and many more.

Different types of Home Loan rates.

Fixed Home Loan rates- As the name itself suggests, it remains same or fixed throughout the loan tenure, irrespective of the changing loan market conditions. Such loans are comparatively more costly and are therefore offered by only some lenders in the Credit0 marketplace.

Resettable Fixed Rates- Almost all Fixed Rates available in the market are of this kind. Under this, interest rate is fixed for some period of time, say 2 or 5 years and is then reset again for other 2 or 5 years and so on.

Floating Rate: As the name itself connotes, floating rate is changeable with respect to the rates prevailing in the market. Usually banks are free to decide their own methodology for fixing their base rate. India's apex bank, Reserve Bank of India(RBI) is free to review this at any point of time.

Some lesser known facts

Q.1 Can I sell my house, even if the loan in respect of it is outstanding?
Ans. Yes, by taking the consent of the bank, one can sell the property. For e.g, if you have taken a loan of Rs.5 lakh for the tenure of 10 years and you have paid Rs 4 lakh but now you want to sell your house. In this case either you will pay the full amount or the buyer of your house will pay the remaining balance, provided he is also taking a loan from the same bank for purchasing the above mentioned house.

Q.2 Is it feasible for a single lady to get a loan against her home.?
Ans. Yes, it is possible. Few years back, various banks were hesitant to grant a loan to a single woman, fearing a loss in income after her wedding. But now double salary families have become a norm and as a result varied lenders are granting loans to single ladies. Banks have now come up with a special loan scheme for ladies.

Q.3 Do Banks provide home loan for an apartment that I want to buy in overseas?
Ans. No, presently there is no such provider in India who provides loan for buying properties abroad. The main reasons being operational problems in verification of property, distinct legal structure and disbursement.

Q.4 Is it possible to get 2 Home Loans against 2 different properties.
Ans. Yes, you can get as many loans against varied properties as your income and repayment capacity permits.

Q.5 I am a NRI(Non Resident Indian), can I apply for Home loan in India?
Ans. Yes, a NRI can get a loan to buy a property in India but the disbursement and other procedures followed are different then the procedures followed to grant home loans to Indian citizens.

Mr. P.S Sharma had always dreamt of owning his own house in the ultra modern locality of South Delhi. But like most of us, he was unaware of the basics of a Home Loan. He did some research in prevailing situation and came up with some interesting insights.

Undoubtedly, owning a home is the biggest dream of an average family and therefore, it goes beyond monetary consideration. In the current scenario, it has gained huge demand, which in turns has aroused cut throat competition between public and private players.

A Quick look at Home Loan Providers in India

There are 2 types of lenders currently existing in the market-

(1) Banks= Like ICICI Bank, State Bank of India, Punjab National Bank and many more.
(2) Housing Finance Companies= Like LIC Housing Finance, Dewan Housing Finance, Dewan Housing Finance and many more.

Different types of Home Loan rates.

Fixed Home Loan rates- As the name itself suggests, it remains same or fixed throughout the loan tenure, irrespective of the changing loan market conditions. Such loans are comparatively more costly and are therefore offered by only some lenders in the Credit0 marketplace.

Resettable Fixed Rates- Almost all Fixed Rates available in the market are of this kind. Under this, interest rate is fixed for some period of time, say 2 or 5 years and is then reset again for other 2 or 5 years and so on.

Floating Rate: As the name itself connotes, floating rate is changeable with respect to the rates prevailing in the market. Usually banks are free to decide their own methodology for fixing their base rate. India's apex bank, Reserve Bank of India(RBI) is free to review this at any point of time.

Some lesser known facts

Q.1 Can I sell my house, even if the loan in respect of it is outstanding?
Ans. Yes, by taking the consent of the bank, one can sell the property. For e.g, if you have taken a loan of Rs.5 lakh for the tenure of 10 years and you have paid Rs 4 lakh but now you want to sell your house. In this case either you will pay the full amount or the buyer of your house will pay the remaining balance, provided he is also taking a loan from the same bank for purchasing the above mentioned house.

Q.2 Is it feasible for a single lady to get a loan against her home.?
Ans. Yes, it is possible. Few years back, various banks were hesitant to grant a loan to a single woman, fearing a loss in income after her wedding. But now double salary families have become a norm and as a result varied lenders are granting loans to single ladies. Banks have now come up with a special loan scheme for ladies.

Q.3 Do Banks provide home loan for an apartment that I want to buy in overseas?
Ans. No, presently there is no such provider in India who provides loan for buying properties abroad. The main reasons being operational problems in verification of property, distinct legal structure and disbursement.

Q.4 Is it possible to get 2 Home Loans against 2 different properties.
Ans. Yes, you can get as many loans against varied properties as your income and repayment capacity permits.

Q.5 I am a NRI(Non Resident Indian), can I apply for Home loan in India?
Ans. Yes, a NRI can get a loan to buy a property in India but the disbursement and other procedures followed are different then the procedures followed to grant home loans to Indian citizens.

Why Moving Averages Don't Work As a Forex Trading Tool

Why don't Moving Averages (MAs) work as a forex Credit4 tool? Because they are lagging indicators. Let's discuss moving averages and their limitations. First what is a moving average? MA is simply the average of the past closing prices over a certain period. It can be a 10 day MA, 50 day MA, 100 Day MA or 200 Day MA.

Whatever, there are three types of moving averages. Simple Moving Average (SMA), Exponential Moving Average (EMA) and Weighted Moving Average (WMA). SMA is the simple average of the past closing prices. It places equal weight on the past prices. On the other hand the EMA is the exponential average of the past closing prices over a certain period. It gives more weight to the recent prices as compared to the old prices. This makes EMA highly responsive to the changes to recent past prices as compared to the distant past prices. WMA gives weight to different prices.

What you must have observed is the EMA is the best MA as it gives more importance to the recent changes in the prices as compared to the changes that took place weeks before. Many Credit4 systems use EMAs. Now, another thing that you must have observed is that all these MAs are the average of past prices. What does this means? It is lagging. It trails the price action and always lags behind it.

So, when you use MAs, they lag behind the price action and whatever Credit4 signals that you get are always late. This is very important to understand. Another limitation with MAs is that they have a tendency to whipsaw a lot in a choppy market. They work well when the market is trending nicely but whipsaw a lot under a market moving sideways. The shorter the time period used in an MA, the more whipsaw it will have. Shorter period MAs move fast while longer period MAs move slowly.

What this means is that using MAs in a choppy market can give you a lot of false Credit4 signals. In order to avoid false Credit4 signals with MAs, a combination of two or more moving averages are used. It is best to use two MAs or three MAs in combination. This combination filters out a lot of false Credit4 signals. Combining these MAs with candlestick patterns can be a powerful combination. Keep these limitations of MAs in mind when you trade. Good Luck!

Why don't Moving Averages (MAs) work as a forex Credit4 tool? Because they are lagging indicators. Let's discuss moving averages and their limitations. First what is a moving average? MA is simply the average of the past closing prices over a certain period. It can be a 10 day MA, 50 day MA, 100 Day MA or 200 Day MA.

Whatever, there are three types of moving averages. Simple Moving Average (SMA), Exponential Moving Average (EMA) and Weighted Moving Average (WMA). SMA is the simple average of the past closing prices. It places equal weight on the past prices. On the other hand the EMA is the exponential average of the past closing prices over a certain period. It gives more weight to the recent prices as compared to the old prices. This makes EMA highly responsive to the changes to recent past prices as compared to the distant past prices. WMA gives weight to different prices.

What you must have observed is the EMA is the best MA as it gives more importance to the recent changes in the prices as compared to the changes that took place weeks before. Many Credit4 systems use EMAs. Now, another thing that you must have observed is that all these MAs are the average of past prices. What does this means? It is lagging. It trails the price action and always lags behind it.

So, when you use MAs, they lag behind the price action and whatever Credit4 signals that you get are always late. This is very important to understand. Another limitation with MAs is that they have a tendency to whipsaw a lot in a choppy market. They work well when the market is trending nicely but whipsaw a lot under a market moving sideways. The shorter the time period used in an MA, the more whipsaw it will have. Shorter period MAs move fast while longer period MAs move slowly.

What this means is that using MAs in a choppy market can give you a lot of false Credit4 signals. In order to avoid false Credit4 signals with MAs, a combination of two or more moving averages are used. It is best to use two MAs or three MAs in combination. This combination filters out a lot of false Credit4 signals. Combining these MAs with candlestick patterns can be a powerful combination. Keep these limitations of MAs in mind when you trade. Good Luck!

What Is a Forex Trade Signal

A forex trade signal is basically an order for a Credit3 pair exchanges comparison, which can be generated by a human being, or even a robot. This service is always directed towards a forex signal service subscriber. The service information is conveyed via various media which may include tweet, RSS, SMS a dedicated website and sometimes through emails. That is the reason why they the best forex signals are timely.

The best forex signal services can be offered in several categories. First and foremost, they can be offered by as paid signals which may originate from a particular provider. He can generate the information either by the use of the algorithmic analysis or just through personal analysis. Secondly, they may also be free or unpaid by nature. Others could be generated from various sources of signals called systems. The other source is the expert advisor, which is a forex robot. It is known to give accurate and very timely trade signals.

There are certain features of the services which are offered by trade signals service providers. However, there is no single provider which can offer all the required features at the same time. First and foremost, the figures they give are entry, exit or stop loss, for various Credit3 pairs. Sometimes, these figures could be supported by graphs or a bit of analysis. Then, there can be some history of the Credit4 giving the pips profit number or loss in a particular month, the actual trades and a reward ratio.

The best signals service providers have robots that can show the results tested in some cases. Other signal service providers can provide account Counseling5 services whereby the account of the subscriber may be traded by the provider of the signal. Most of them ensure that their clients have the relevant forex Credit4 know how. Therefore, they provide reading resources either through the internet or the phone. In some cases, some of the trade signal providers offer their new clients trial period, where they will get forex trade signals at a lower fee.

People are advised to approach forex Credit4 with caution. This is because it is believed to be a cash cow and this has attracted the attention of fraudsters. They may bank on the ignorance of new entrants and scam them. If you want the best signals, you need to do a thorough background investigation before you choose a forex trade service provider. This will help in eliminating fake bureaus whose main aim is to get money from unsuspecting clients.

A forex trade signal is basically an order for a Credit3 pair exchanges comparison, which can be generated by a human being, or even a robot. This service is always directed towards a forex signal service subscriber. The service information is conveyed via various media which may include tweet, RSS, SMS a dedicated website and sometimes through emails. That is the reason why they the best forex signals are timely.

The best forex signal services can be offered in several categories. First and foremost, they can be offered by as paid signals which may originate from a particular provider. He can generate the information either by the use of the algorithmic analysis or just through personal analysis. Secondly, they may also be free or unpaid by nature. Others could be generated from various sources of signals called systems. The other source is the expert advisor, which is a forex robot. It is known to give accurate and very timely trade signals.

There are certain features of the services which are offered by trade signals service providers. However, there is no single provider which can offer all the required features at the same time. First and foremost, the figures they give are entry, exit or stop loss, for various Credit3 pairs. Sometimes, these figures could be supported by graphs or a bit of analysis. Then, there can be some history of the Credit4 giving the pips profit number or loss in a particular month, the actual trades and a reward ratio.

The best signals service providers have robots that can show the results tested in some cases. Other signal service providers can provide account Counseling5 services whereby the account of the subscriber may be traded by the provider of the signal. Most of them ensure that their clients have the relevant forex Credit4 know how. Therefore, they provide reading resources either through the internet or the phone. In some cases, some of the trade signal providers offer their new clients trial period, where they will get forex trade signals at a lower fee.

People are advised to approach forex Credit4 with caution. This is because it is believed to be a cash cow and this has attracted the attention of fraudsters. They may bank on the ignorance of new entrants and scam them. If you want the best signals, you need to do a thorough background investigation before you choose a forex trade service provider. This will help in eliminating fake bureaus whose main aim is to get money from unsuspecting clients.

Use Forex Training to Find Your Trading Success

Whilst you are searching for a Forex Credit4 strategy that can provide results, it can be difficult to work out which one would suit you best. There are numerous methods which can provide short term gains but that may not sustain a long term goal. These systems are developed by dubious traders just for their own short term gains and they will soon turn their attentions to other profitable areas. They may be causing the entire Forex Credit4 market to be getting negative reviews when it is a perfectly good ad legitimate way of making money but you must know the correct way to go about things.

There are some online Credit4 strategies which actually work and that are not that difficult to learn. It depends upon your own attitude and whether you can alter your own behaviour to turn a profit and be selective in your investments. A good Forex training course can assist you in your endeavour. Especially the ones which offer you live training by successful Forex traders. A good Forex Credit4 strategy will help the trader in assessing the market and recognizing the emerging trends in an accurate and quick way so as to enable you to act on them immediately in its early phases to get maximum profits from the trade.

A high quality Forex training course can get you started by first drawing the resistance and support lines on the candlestick chart, then subsequently searching for the converging indicators which can be a sure sign of some big move. You can then check the Credit4 volume and an oscillating indicator to further substantiate your evaluation, especially if you trade Credit3 futures where volume is direct from the CME Group.

Another strategy which should be kept in mind is about setting stop losses. This can restrict your losses in the event of a market going against you. It is a sort of defence which saves you from getting into a trade which can wipe out days or even weeks of your revenue in one single swoop. Just one bad trade has a potential to erase your Credit4 account!

Therefore, before signing up for any Forex training program, you must do some in-depth research on the internet and within your peer group. You could also ask any active day trader for recommendations. You must also verify the documents and information which will be presented to you by the trainers. The cost, schedule and location of the course is also fundamental to your choice.

We all are aware that different types of information about Forex Credit4 is available on the internet but learning from experts who will actually explain to you all the bits and pieces of this subject is a great starting point in your education.

Whilst you are searching for a Forex Credit4 strategy that can provide results, it can be difficult to work out which one would suit you best. There are numerous methods which can provide short term gains but that may not sustain a long term goal. These systems are developed by dubious traders just for their own short term gains and they will soon turn their attentions to other profitable areas. They may be causing the entire Forex Credit4 market to be getting negative reviews when it is a perfectly good ad legitimate way of making money but you must know the correct way to go about things.

There are some online Credit4 strategies which actually work and that are not that difficult to learn. It depends upon your own attitude and whether you can alter your own behaviour to turn a profit and be selective in your investments. A good Forex training course can assist you in your endeavour. Especially the ones which offer you live training by successful Forex traders. A good Forex Credit4 strategy will help the trader in assessing the market and recognizing the emerging trends in an accurate and quick way so as to enable you to act on them immediately in its early phases to get maximum profits from the trade.

A high quality Forex training course can get you started by first drawing the resistance and support lines on the candlestick chart, then subsequently searching for the converging indicators which can be a sure sign of some big move. You can then check the Credit4 volume and an oscillating indicator to further substantiate your evaluation, especially if you trade Credit3 futures where volume is direct from the CME Group.

Another strategy which should be kept in mind is about setting stop losses. This can restrict your losses in the event of a market going against you. It is a sort of defence which saves you from getting into a trade which can wipe out days or even weeks of your revenue in one single swoop. Just one bad trade has a potential to erase your Credit4 account!

Therefore, before signing up for any Forex training program, you must do some in-depth research on the internet and within your peer group. You could also ask any active day trader for recommendations. You must also verify the documents and information which will be presented to you by the trainers. The cost, schedule and location of the course is also fundamental to your choice.

We all are aware that different types of information about Forex Credit4 is available on the internet but learning from experts who will actually explain to you all the bits and pieces of this subject is a great starting point in your education.

Trading Around the World

Who does not dream of having a business that is so successful that it makes money throughout the world? Or making money whilst sipping a Pina Colada? Well, by running a home forex business anyone can. The only requirements have to be that you have your wireless enabled laptop with you and that you can obtain an internet connection. The first time when I was on vacation and managed to pay for my holiday whilst at a swim up pool bar in the sun is an unforgettable experience! Although a word of warning, keep the laptop far away from the water. Yes, there is a story there too!

The forex market is extensive in both its geographical distribution as well as its Credit4 hours. That is why it truly can be said to be a global business which starts off with Asia and ends with the United States. Bearing in mind that the vast majority of the forex Credit4 takes place through banks and other Credit0 institutions, it is therefore no surprise to find that the volume of trades is largest when the exchanges are open in their countries.

For London forex exchanged accounts for almost 40% of the daily forex trade, with New York taking up 17% with Japan another 7%.. The following is list of four of the largest exchanges London, New York, Tokyo and Sydney with their opening times. Note that the first time is in GMT (London Time - subtract one for European time), followed by Eastern Time and finally by Sydney (Subtract one for Tokyo time)

London opening times

8am to 5pm GMT; 3am to 12pm Eastern Time, 5pm to 2am Tokyo Time

Tokyo opening times

Midnight to 9am GMT; 7pm to 4am Eastern Time; 9am to 6pm Tokyo Time

New York opening times

1pm to 10pm GMT; 8am to 5pm Eastern Time; 7pm to 4am Tokyo

Now what is the connection? Well for most of the night The Japanese and the Australian market are both open for the majority of the night, Tokyo and London overlap by one hour and London are the NY markets are open for three hours. Also London and Europe are open for the majority of the working day. It is during these times when the Credit0 institutions are Credit4 that there is the greatest chance for movement. The measure of Credit4 volume is defined as the liquidity of the market as high volumes will inevitably tend to more flowing movement of prices..

What this means for the trader running a home forex business can be summed up in one word. Opportunity. Wherever there is fluidity then there will be improved opportunities of identifying profitable trades.

Are all times to trade the same? The answer is no. For the trader who is running a Home Forex Business, it is important to be able to select those periods during which there is most liquidity. The great advantage is that by selecting the times where there is greater volume, this should lead to more trades. The key of course, is to make them profitable. Which is why a good Credit4 strategy is essential, the one I have learnt works!

Who does not dream of having a business that is so successful that it makes money throughout the world? Or making money whilst sipping a Pina Colada? Well, by running a home forex business anyone can. The only requirements have to be that you have your wireless enabled laptop with you and that you can obtain an internet connection. The first time when I was on vacation and managed to pay for my holiday whilst at a swim up pool bar in the sun is an unforgettable experience! Although a word of warning, keep the laptop far away from the water. Yes, there is a story there too!

The forex market is extensive in both its geographical distribution as well as its Credit4 hours. That is why it truly can be said to be a global business which starts off with Asia and ends with the United States. Bearing in mind that the vast majority of the forex Credit4 takes place through banks and other Credit0 institutions, it is therefore no surprise to find that the volume of trades is largest when the exchanges are open in their countries.

For London forex exchanged accounts for almost 40% of the daily forex trade, with New York taking up 17% with Japan another 7%.. The following is list of four of the largest exchanges London, New York, Tokyo and Sydney with their opening times. Note that the first time is in GMT (London Time - subtract one for European time), followed by Eastern Time and finally by Sydney (Subtract one for Tokyo time)

London opening times

8am to 5pm GMT; 3am to 12pm Eastern Time, 5pm to 2am Tokyo Time

Tokyo opening times

Midnight to 9am GMT; 7pm to 4am Eastern Time; 9am to 6pm Tokyo Time

New York opening times

1pm to 10pm GMT; 8am to 5pm Eastern Time; 7pm to 4am Tokyo

Now what is the connection? Well for most of the night The Japanese and the Australian market are both open for the majority of the night, Tokyo and London overlap by one hour and London are the NY markets are open for three hours. Also London and Europe are open for the majority of the working day. It is during these times when the Credit0 institutions are Credit4 that there is the greatest chance for movement. The measure of Credit4 volume is defined as the liquidity of the market as high volumes will inevitably tend to more flowing movement of prices..

What this means for the trader running a home forex business can be summed up in one word. Opportunity. Wherever there is fluidity then there will be improved opportunities of identifying profitable trades.

Are all times to trade the same? The answer is no. For the trader who is running a Home Forex Business, it is important to be able to select those periods during which there is most liquidity. The great advantage is that by selecting the times where there is greater volume, this should lead to more trades. The key of course, is to make them profitable. Which is why a good Credit4 strategy is essential, the one I have learnt works!