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Factors to Consider Before Hiring a Credit Card Settlement Company

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*Article contributed by Sarah Williams.

Credit card settlement has become popular among people who want to get out of debt. However, the success of a debt settlement is always determined by the kind of company that one hires. In that case, it is vital to note that choosing a particular organization will require thorough research and careful consideration.

Before you opt for a particular credit card settlement company, consider various factors if you want a sound settlement experience. Things to consider will include the following.

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5 Easy Ways to Get Out of Debt Fast

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Want to get out of debt? Want to do it right away? We can help! These five easy tricks will help you get out of debt quickly and get you onto a brighter financial track.

1. Pay More Than The Minimum

All of your debt accounts will give you a set monthly payment that you need to make. While you definitely need to make sure you pay this minimum on time in order to reduce your debt, you should also pay a little bit more. Any extra payments you make will help decrease your interest payment and also make your debt disappear faster. An easy way to do this is to simply round your payment up, making it a nice whole number and also paying off more of the debt. If your monthly payment is $176, pay a full $200 each month. This will be easy to budget for and after 12 months of doing this, you will have paid more than a full extra payment on your debt! That “minimum payment due” should just be the absolute minimum that you pay.

2. Pick Up A Side Job

The best way to get out of debt fast is to increase your income. Pick up any side jobs that you can in order to make a little extra money. Try babysitting, mowing lawns or picking up extra work at your existing job. Just be sure to put any extra money you make toward paying your debt. If your additional income goes straight toward debt payment, you won’t have to work that extra job for long!

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30 Pinakamahalagang Payo Tungkol sa Pera na Kailangan Mong Matutunan Ngayon

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English Version (Click Here)

Gustuhin mo man o hindi, mahalaga ang pera sa buhay natin ngayon. Kung gusto mong mabuhay at umasenso sa panahon ngayon. kailangan mong matutunang gamitin ang pera ng mabuti. Kung pangarap mong yumaman, narito ang 30 na payo tungkol sa paghahawak ng pera na kailangan mong matutunan ngayon.

 

30 Pinakamahalagang Payo Tungkol sa Pera na Kailangan Mong Matutunan Ngayon

1. Alamin mo ang iyong kalagayang pinansyal. Masagana ka ba at mayroong ilang libong nakainvest sa mabubuting negosyo at assets, o nabaon ka ba ng ilang daang libo sa utang? Hindi mo masosolusyonan ang iyong mga problema kapag hindi mo aaminin kung may problema ka pala, at hindi mo mahahanap ang mga oportunidad para umunlad kapag hindi mo sila hahanapin.

2. Gamitin mo ang pinakamabuting paraan para makaipon ng pera: “Pay yourself first!” (Ang idea dito ay “mag-ipon muna”) (Maglagay ka muna ng pera sa ipon bago gumastos.)

3. “It’s not how much you earn, but how much you keep.” (Hindi lang sa kinikita kundi pati na rin sa naiipon.) Walang kwenta ang mataas na sweldo kapag isinugal o winalgas mo lang ito sa mga mamahaling kagamitan na hindi mo naman kailangan.

4. Mag-ipon ka para sa mga oportunidad at emergencies. Ang ipon na ito ay pwedeng maging capital para sa iyong negosyong naisip itayo, o perang magagamit kapag nawalan ka bigla ng trabaho.

5. Iwasan mo ang sobrang pangungutang.

No one can be happy, no matter how optimistic, who is forever in the clutches of poverty, of harassing debt.

— Orison Swett Marden

(Walang magiging masaya, gaano man kaganda ang pananaw nila sa buhay, kapag sila ay habang buhay nabaon sa kahirapan, at mapang-aping utang.)

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30 Most Valuable Personal Money Management Tips You Must Learn NOW

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Tagalog Version (Click Here)

Like it or not, money is an important part of modern life. If you want to survive and do well in today’s world, you have to learn to use it wisely.  If you want to become financially well off, then here are 30 awesome personal finance tips that you have to learn now.

 

30 Most Valuable Personal Finance Tips You Must Learn NOW

1. Know your financial standing. Are you financially stable with thousands invested in good businesses and assets, or are you thousands in bad debt? You can’t solve problems if you don’t acknowledge that there is a problem, and you can’t find opportunities to improve on if you don’t start searching for them.

2. Use the number 1 money saving technique: “Pay yourself first!” (Save money first before you start spending).

3. “It’s not how much you earn, but how much you keep.” Having a high salary won’t matter at all if you gamble it all away or waste it all buying expensive junk that you don’t need.

4. Establish a savings fund for opportunities or emergencies. It can be your initial capital for a business idea, or a cash buffer if you suddenly lose your job.

5. Avoid bad debts.

No one can be happy, no matter how optimistic, who is forever in the clutches of poverty, of harassing debt.

— Orison Swett Marden

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Things Debt Free People Do That You Don’t

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*Contributed by Hellen McAdams.

Unfortunately, debt seems to be a reality for most people today.

If you are young, have just entered your married life and maybe had a baby recently, there is a good chance that you loaned some money from the bank somewhere along the way.

And while it can prove to be quite difficult, living with debt and eventually getting out of it shouldn’t be so stressful nor impossible to do.

If we take a look at some habits that debt-free people have and try to imitate them, there is a good possibility of us getting out of debt in no time.

Nobody is saying that becoming financially independent again is an easy task to achieve (this heavily depends on the amount of debt that needs to be repaid), but if you follow a particular path, you will succeed.

So, what is it that debt-free individuals do that you don’t and what you should do to be more like them?

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