#debt payoff advice

[bitchesgetriches]

I'm utilizing the snowball method and trying to determine which credit card balance to put the most money toward. I know I should choose the one with the highest interest, but when I looked at how much interest is being charged I noticed that one with a lower APR was charging more because my balance on that card is higher than the others. So should I put money there first, or am I missing something? I'm extremely math-averse and appreciate your insight. Thank you in advance!

We gotchu, boo!

You're actually stuck in some question between the Snowball and the Avalanche method. The Snowball recommends you start with the smallest balance, the Avalanche recommends you start with the highest interest rate. And we explain how to navigate the two in the link below.

BUT YOU, my child, have an entirely separate question. Should you start with a lower APR with a high balance because that's costing you the most in the short term?

And the answer is... you decide. If you're going for mathematical efficiency, then it sounds like you have your answer. And if you're going for what will give you the most peace of mind... it's about the same answer: start with the card with the highest balance. The trick is to pick what feels right to YOU, regardless of what will save the most money.

The Best Way To Pay off Credit Card Debt: From the Snowball To the Avalanche 

If you found this helpful, consider joining our Patreon!

[alma-laxvi]

Life Insurance Tips That Are Very Important

The thought of a person dying is not pleasant! Understandably, discussing life insurance is not easy for many. However, it is important to secure your assets and make sure your beneficiaries are taken care of adequately when you can no longer do the job! Here are some tips to help you sort through the process and choose a policy that is right for you:

When purchasing life insurance, you will want to weight the company you choose very carefully. Since it is not likely that you will need to use their services for many many years, you will want to make sure that they will be around when it's needed. A strong reputable company who has been in the business for a long time is the safest choice.

Find the right type of life insurance policy for your needs. The three basic types are, whole life, term life and variable life. Whole life policies will be the most expensive, but they operate much like a savings account, meaning that you can use it as an asset in the future, if it hasn't been used.

Disclose everything regarding your life and your health when purchasing life insurance. If anything that you failed to mention contributes to your passing, you may have rendered your insurance null and avoid. The most expensive insurance policy in the world is the one that doesn't pay out when it's needed.

Before shopping for life insurance, put together a budget to project the amount of financial coverage you might need. Include your mortgage payoff, college costs for the kids, money to pay any other large debt obligations, funds to cover funeral and medical expenses and enough money to supplement your remaining spouse's retirement funds.

As was stated in the beginning of this article buying life insurance is an important decision. It is not easy to figure out what policy is best suited for you and your family. Before buying life insurance it is absolutely crucial that you research all of your options. Follow the advice in this article and it will help you find the perfect life insurance.

[goldenrefundretrievers]

Reclaim Your Surplus: Expert Tips on Foreclosure Recovery

Dealing with foreclosure can be tough, but there’s a positive aspect many people miss: surplus funds. When your home is foreclosed and sold at auction for more than you owe, the extra money, known as foreclosure surplus funds, could be rightfully yours. Here, we provide expert tips on how to recover these funds and get back on your feet.

Understanding Surplus Funds

Surplus funds, also known as surplus money or excess proceeds, refer to the amount of money left over after a foreclosure sale when the property sells for more than the outstanding mortgage debt and associated costs. When a possession is foreclosed, it is usually sold at an auction. If the winning bid exceeds the total amount owed on the mortgage, including any interest, fees, and legal costs, the excess amount is considered surplus funds.

The Importance of Foreclosure Surplus Funds Recovery

Recovering foreclosure surplus funds can provide a much-needed financial cushion during a challenging time. These funds can help you:

Pay off debts

Cover moving expenses

Secure a new home

Rebuild your financial stability

Steps to Recover Your Foreclosure Surplus Funds

Identify Surplus Funds Availability

First, determine if surplus funds are available from your foreclosure sale. You can do this by contacting your county’s clerk of court or visiting their website. Look for the surplus funds list, which is often publicly available.

2. File a Claim

Once you’ve confirmed the availability of surplus money, the next step is to file a claim. This usually involves submitting a formal application or petition to the court. Be prepared to provide documentation such as:

Proof of identity

Foreclosure sale details

Mortgage payoff information

3. Understand the Deadlines

Each state has specific deadlines for filing claims for surplus funds. Missing these deadlines can result in losing your right to claim the money. It’s crucial to act promptly and follow the legal timelines.

4. Seek Legal Assistance

While it’s possible to handle the claim process independently, consulting with a foreclosure recovery expert or attorney can simplify the process. They can help you navigate the legal requirements, ensure all paperwork is correctly filed, and represent your interests in court if necessary.

Tips for a Smooth Foreclosure Surplus Funds Recovery

a) Keep Accurate Records

Maintain detailed records of all foreclosure-related documents, including notices, sale details, and any correspondence with the court or lender. These records can be vital when filing your claim.

b) Monitor the Status

Regularly check the status of your claim. Some courts may take several weeks or even months to process surplus funds claims. Keeping yourself updated can help you quickly deal with any issues.

c) Be Suspicious of Scams

Unfortunately, the foreclosure surplus funds recovery process can attract scammers. Be cautious of unsolicited offers from companies or individuals promising to recover your funds for a fee. Always verify the legitimacy of anyone you choose to work with.

Wrap Up

Foreclosure can be a challenging experience, but reclaiming your surplus funds can provide a crucial financial boost. By understanding the process and following these expert tips, you can navigate the foreclosure surplus funds recovery process with confidence. Remember, acting promptly and seeking professional assistance can significantly increase your chances of successfully reclaiming your money.

If you’re feeling overwhelmed or unsure about how to proceed, connect with us for guidance. Golden Refund Retrievers LLC team of foreclosure recovery experts can provide personalized advice and support to help you reclaim your surplus funds. We understand how complicated this can be and are here to help you every step of the way.

For more information or personalized assistance, connect with us today. We’re dedicated to helping you recover your surplus funds and move forward with financial stability.

[thatmcgwords]

First, let’s differentiate financial independence from financial freedom. Financial independence, or FI, is when your assets pay for your lifestyle. This means you no longer have to slog away at work forever. Financial freedom, on the other hand, is more about having choices and control over your cash flow – say, being able to splurge on a vacation without freaking out about your bank balance. As you claw your way toward financial independence, you’ll start tasting bits of this financial freedom.

FI has many benefits beyond ditching your nine-to-five early. It allows you to grab life by the reins, feel secure, and have the freedom to go after whatever floats your boat – be it chasing your passion, traveling, or just chilling. On your path to FI, you’ll also develop personally and learn skills that enhance your life.

Stage 1 is the Explorer. Here, you’re struggling just to keep your head above water, sinking deeper into debt each month. At this stage, you need to get your income and expenses under control. 

Stage 2 is the Cadet. You’ve got your expenses sorted but are still drowning in consumer debt. Focus on smashing that debt faster than the minimum payment schedule. 

Stage 3 is the Aviator. Now debt-free (except maybe a mortgage), you can start building emergency savings and an “FU” fund for those I-wanna-quit-my-job moments. This is also the stage where you shift gears to investing and growing your assets. 

Stage 4 is the Commander. You have enough money from your assets to take time off, work part-time, or do something you love for less pay. You’re still investing, but also enjoying your hard-earned freedom. 

Finally, Stage 5 is the Captain. Congratulations – you’ve hit your FI number! Full financial independence. Your job now is maintaining your wealth and living your ideal lifestyle without financial constraints.

stages? The key is to focus on six things: mindset, habits, income, expenses, liabilities, and assets. These form your FI formula. First, add mindset and habits, and then multiply them by the difference between your income and mandatory expenses. This creates the so-called gap, which you’ll then divide into three: liability reduction (that is, debt payoff), asset building (that is, savings and investments), and discretionary spending (that is, your fun money). The larger your gap, the quicker you’ll progress through the stages. 

First, take a hard look at how you view money. Do you find yourself thinking, “I’m no good with numbers,” or “I can’t save without a six-figure income”? These limiting beliefs are the first roadblocks you need to bulldoze. Equally important is examining your daily habits. Track them for a week, and you’ll start to see patterns, both obvious and subtle, that are quietly eating away at your financial health.

After this introspective phase, it’s time to focus on improvement. This could mean learning through books and podcasts, seeking advice from professionals, cultivating a growth mindset, or introducing positive habits into your routine. These actions are essential to reshaping your financial management approach.

The next key component is goal-setting. These generally fall into two categories: life goals and financial goals. 

Life goals are all about the kind of things you want to have and the experiences you crave. They can also mean the kind of life you want to lead. It’s essential to determine your preferred lifestyle from the get-go because, by doing so, you can tailor your financial plan to sustain that lifestyle both now and post-FI.

To know your desired lifestyle level, you can use the Guacamole Lifestyle Levels. This five-tier system compares standards of living based on the ability to indulge in small luxuries. Level 1 focuses on basic survival, with rare small luxuries. Level 2 permits occasional splurges outside of a tight budget. Level 3 integrates frequent, guilt-free minor luxuries into the budget. Level 4 allows flexible, unrestricted indulgence, often at premium costs. Level 5 epitomizes extravagance with limitless luxury access. Remember, there’s no universally right level – just pick what feels right for you. 

On the flip side, financial goals are more about specific monetary objectives: how much you want to earn, spend, save, and invest, and how to manage debt. Here, the focus is on increasing income and cutting spending – achieving these lead goals paves the way for gap goals like saving, investing, and paying off debt.

After setting your goals, organize and prioritize them. Break them down into short-, mid-, and long-term goals, and sort them by importance. As you move forward in your journey to financial independence, it’s important to balance these responsible financial targets with fun lifestyle goals. 

You can’t start creating your FI plan without getting familiar with your numbers first. Understanding your current financial standing is undeniably a crucial step. 

So, where do you start? By taking a close look at your existing financial landscape – your current income, expenses, assets, and liabilities.

Your income isn’t just your nine-to-five paycheck. Consider everything, from side gigs to property income to investment dividends. If your income fluctuates, average it out over the last three months.

Now, on to expenses. There are two ways to go about tracking your spending: look back at your past three months of expenses, or observe the next month’s expenses. Categorize them into must-haves and nice-to-haves, and fixed versus variable costs. Don’t forget to note how often these expenses pop up.

Assets are next. When it comes to assets, it’s about accounting for everything of value that you own. This includes retirement accounts, such as 401(k)s and IRAs, taxable investment accounts, cash balances, real estate properties, and other forms of investments.

For liabilities, list out every debt you’ve got – credit cards, student loans, car loans, you name it. Keep track of the details, including minimum payments and interest rates. 

Got all that down? Great. Now let’s talk about where you want to be – your financial end goal. This part requires some forecasting: how your income, expenses, assets, and liabilities will look in the future, plus what your target FI number is. 

Tools like the 25x Rule and the 4% Rule provide guidelines for this. The 25x Rule suggests multiplying your desired annual retirement spending by 25 to estimate the necessary size of your investment portfolio. The 4% Rule states that you can safely withdraw four percent of your investment portfolio yearly over a 30-year retirement without depleting it. When planning, consider other potential income streams such as pensions or rental incomes. Also, think about how your spending could change in retirement – maybe less on the mortgage but more on health and travel.

All right – time for the real action: budgeting. This isn’t just tracking your cash flow; it’s about directing your money with purpose. There are different budgeting styles, like zero-based and percentage-based, but the bottom line is you need to divide your income into specific lots, whether it’s for bills, saving, or even fun spending. 

A good budget incorporates key elements like “blow money” for guilt-free treats and “sinking funds” for irregular expenses. Your budget also needs to account for things that regularly pop up, like annual insurance bills. To make them easier on your wallet, spread them across several months. However you plan on budgeting, what’s important is that you keep tabs on what you plan to spend, what you actually spend, and what’s left. And remember– a budget is flexible. It’s a tool to help you make smart choices, not a straitjacket to prevent you from enjoying your money. 

So how quickly can you reach FI? It depends on several factors: your income, expenses, liabilities, assets, mindset, and habits. The goal is to use your income wisely – covering essentials, reducing debts, building assets, and still enjoying life. You can go as extreme as you like, living a frugal Guac-level-1-or-2 lifestyle to hit your FI number earlier. Or you can live your desired Guac-level-3-or-higher lifestyle now and make peace with not reaching your FI number until later in life. Your financial plan will match your life and financial goals, and how much you’re willing to sacrifice at the moment. 

With your FI plan in hand, your next and final step is to execute it. But – surprise, surprise – it’s not just about stashing away your cash. You’ve got to play a smart game here, focusing on four key areas: spend less, earn more, slash your debts, and pump up those assets. 

First off, let’s talk spending. You need to start scrutinizing every dollar that leaves your wallet. Question everything: Does this expense give you joy? Can you get it cheaper? Is it steering you towards your goals? Yes, you might have to cut back on some luxuries, but it’s not forever. Find the sweet spot where you’re saving money without feeling like you’re living in a financial straitjacket. Remember, some spending is an investment in your happiness, like that gym membership. It’s all about priorities. And when you do need to cut back, look at your big mandatory expenses, too. You can seek savings in significant areas like housing, groceries, and bills by downsizing, using coupons, and negotiating discounts. 

Now, let’s shift gears to income. If you think your paycheck is the only way to earn, think again. There’s a whole world of possibilities to bump up your income. Start with the obvious: negotiate a raise, take on overtime or extra work, or snag a higher-paying job at a new company. But don’t stop there. Think side hustles, freelancing, or turning your hobby into a cash cow. Remember, more money means more freedom to chase your FI dreams.

So, on to your debt. There are two main ways to break free from it: the snowball method, which means wiping out the small debts first for quick wins; and the avalanche method, which involves targeting the high-interest debts first. Pick what keeps you fired up and what you find the most applicable to your situation. But more than just paying off your liabilities, you need to understand why you got into debt in the first place. Was it impulse buying, or a YOLO attitude? Figure it out to avoid a debt relapse. And yes, not all debt is evil – think mortgages and student loans. You can use debt to your advantage, too.

Now, let’s talk about building your assets. This is where the magic happens. To fast-track your journey to financial independence, focus on building assets through saving and investing. Start by creating an emergency fund, beginning with as little as $1000, and build it up to cover three to six months of expenses. Then, save for life’s significant events like home purchases, family expansion, or travel. At the same time, delve into investing. Index funds are your go-to. They’re straightforward and low-cost, offering a slice of the market without the hassle of picking stocks. Also, leverage retirement accounts like 401ks for their tax benefits. The deal here is consistency. Even tiny contributions add up, thanks to compounding. Time’s your ally in this game. The sooner you start, the better. Doesn’t matter how much – just get the ball rolling.

Where you are in your FI journey dictates how you split your income among expenses, debts, and investments. 

If you’re just starting in the Explorer stage, focus on survival – cover your basics, and if there’s a little left, maybe keep that 401(k) ticking over. 

As a Cadet, get aggressive with your debt, but don’t forget to save and invest a bit. Put 20 percent into savings, 20 percent into investments, and ten percent into discretionary spending. Invest at least up to your 401(k) company match. 

In the Aviator stage, with no more consumer debt, ramp up your savings and investments – and sure, treat yourself a little. Allocate 30 percent into savings, 50 percent into investing, and 20 percent into discretionary spending.

Commanders, you might want to balance investing with enjoying your earnings. Split your gap 50/50 between investing and discretionary spending.

And Captains, you’ve made it – splurge 100 percent of your disposable income if you want. You’ve earned it.

[bkdebtrelief]

  Debt consolidation and debt settlement are both strategies aimed at managing and reducing debt, but they involve different approaches and have distinct implications for your financial situation.

Here's a brief overview of each:

1) Debt Consolidation:

Definition: Debt consolidation involves combining multiple debts into a single, larger loan. This new loan typically has a lower interest rate or more favorable terms than the individual debts it replaces.

How it works: You take out a consolidation loan to pay off your existing debts, leaving you with only one monthly payment to manage. This can simplify your finances and potentially reduce your overall interest payments.

Pros:

a) Simplifies payments. b) May lower interest rates. c) May result in a single, more manageable monthly payment.

Cons:

a) Doesn't reduce the total amount owed.

b) Requires a good credit score to secure a favorable loan.

2) Debt Settlement:

Definition: Debt settlement involves negotiating with creditors to settle debts for less than the total amount owed. This typically involves making a lump-sum payment or agreeing to a structured repayment plan at a reduced amount.

How it works: You or a debt settlement company negotiates with creditors to reach an agreement on a reduced payoff amount. Once an agreement is reached, you make the agreed-upon payment, and the debt is considered settled.

Pros:

a) Can result in a significant reduction in the total debt amount.

b) Offers the possibility of becoming debt-free more quickly.

Cons:

a) May negatively impact your credit score. b) Not all creditors may agree to settle. c) Debt settlement companies may charge fees and may not always deliver promised results.

Key Differences:

Impact on Total Debt: Debt consolidation does not reduce the total amount of debt; it simply combines it into a single loan. Debt settlement, on the other hand, aims to settle the debt for less than what is owed, potentially resulting in a lower overall amount.

Credit Implications: Both strategies can have an impact on your credit score. Debt consolidation may have a less negative impact, as it involves paying off existing debts with a new loan. Debt settlement, however, often involves missed payments and negotiating reduced amounts, which can harm your credit.

Approach: Debt consolidation is a more structured and traditional approach, involving a new loan to pay off existing debts. Debt settlement is a negotiation process that seeks to reach agreements with creditors to lower the amount owed.

It's crucial to carefully consider the advantages and disadvantages of each approach and, if needed, seek advice from financial professionals before deciding on a debt management strategy.                

[siyasharma32]

Maximizing balance transfer offers can be a savvy financial strategy for individuals looking to consolidate their debts or reduce interest payments. Balance transfers allow you to move existing credit card debt to a new card with a lower or zero percent introductory APR for a specific period. This guide provides tips and strategies to help you make the most of balance transfer offers, save money, and effectively manage your debt. It's important to note that while balance transfers can be beneficial, they require careful planning and consideration of the terms and conditions of the offers.

Main points

Research and Compare Offers: Start by researching and comparing different balance transfer offers from various credit card issuers. Look for cards with long introductory periods, low or zero percent APR, and reasonable balance transfer fees. Pay attention to any limitations or restrictions, such as transfer limits or fees, to make an informed decision.

Evaluate Transfer Fees: Balance transfer offers often come with a fee, typically a percentage of the amount transferred. Consider the transfer fee alongside the potential interest savings to ensure that the overall benefit outweighs the cost. Some credit cards may offer promotional periods with reduced or waived transfer fees, so keep an eye out for such deals.

Calculate Potential Savings: Determine the potential savings you can achieve through a balance transfer. Compare the interest rates of your current debts with the promotional rate offered by the balance transfer card. Use online calculators or spreadsheets to estimate how much you could save over the introductory period and beyond.

Create a Repayment Plan: Balance transfers are most effective when coupled with a well-planned repayment strategy. Take advantage of the low or zero percent APR period to aggressively pay down your debt. Set a budget, allocate extra funds towards debt repayment, and make consistent payments to reduce your outstanding balance.

Avoid New Purchases: To maximize the benefits of a balance transfer, refrain from making new purchases on the card. Focus solely on paying off the transferred balance during the promotional period. New purchases may accrue interest immediately and hinder your debt payoff progress.

Monitor and Track Deadlines: Stay vigilant about the terms and conditions of the balance transfer offer, including the introductory period duration and any conditions for qualifying. Set reminders for important dates, such as the expiration of the promotional APR or when the regular interest rate will apply. Pay close attention to ensure you don't miss any payments or incur penalty fees.

Protect Your Credit Score: Applying for a balance transfer card may result in a hard inquiry on your credit report, which could have a temporary impact on your credit score. However, maintaining timely payments and reducing your debt can positively impact your credit utilization ratio and overall creditworthiness.

Consider Multiple Transfers: If your current debt exceeds the credit limit of a single balance transfer card, consider spreading the debt across multiple cards. This strategy can help you take advantage of multiple promotional periods and minimize interest payments. Just ensure you can manage multiple accounts responsibly and keep track of payment due dates.

Evaluate Long-Term Interest Rates: While balance transfers offer short-term relief from high interest rates, it's crucial to consider the regular APR that will apply after the introductory period ends. If the regular rate is significantly higher than your current rates, it might be worth considering alternative debt repayment strategies or negotiating with your existing creditors.

Seek Professional Advice: If you're uncertain about balance transfers or need assistance in creating a debt repayment plan, consider seeking advice from a financial advisor or credit counseling agency. They can provide personalized guidance based on your specific financial situation and help you make informed decisions.

Conclusion

In conclusion, maximizing balance transfer offers requires careful research, planning, and disciplined execution. By comparing offers, calculating potential savings, creating a repayment plan, and staying organized, you can make the most of balance transfer opportunities. Remember to avoid new purchases, protect your credit score, and seek professional advice when needed. With these strategies in place, you can effectively consolidate debt, reduce interest payments, and work towards achieving financial freedom.

[timelybillsap]

Achieving Financial Freedom With The Revolutionary Debt Payoff App

A debt payoff app is a great tool for anyone who wants to get their finances in order and get out of debt. This app allows the user to track their debt, create a budget and make a plan to pay it off. It also offers helpful tips and advice on how to manage and reduce debt. The app can be used to pay off any type of debt, such as credit cards, student loans, mortgages and more. With the ability to customize and personalize the debt payoff plan, this app is a great way to take control of your finances and get out of debt.

[credit4hire]

💡 Uncover hidden gems in credit repair! 💎

Request a credit limit increase without hard inquiries 📈

Join forces as an authorized user on a responsible credit card holder's account 🤝

Tackle high-interest debt first for a strategic payoff plan 🎯

Follow us and reblog for more exclusive tips and expert advice on credit repair!

[zenruption]

Beginners’ Advice To Ace Commercial Real Estate Investment

The commercial real estate segment in the US is booming after the pandemic lull. Not surprisingly, investors who switched to residential investment are back in the commercial space. Moreover, new ones are more than keen to unlock the growth opportunities in the lucrative niche. The best thing about picking this segment is that you get additional cash flow, bigger payoffs, and economies of scale in the long run. But it also has a fair share of challenges, from finding the relevant investment options to managing your properties and maintaining their rental potential. However, a little guidance is enough to make the most of the opportunities in the market. Here are a few valuable beginners tips to ace commercial real estate investment.

Learn the lingo

Although commercial properties are a part of real estate markets, they have a different language. Beginners must learn the lingo to establish comfort in the niche and grow from there. The common key metrics you must understand include net operating income (NOI), cap rate, debt service coverage, operating expense ratio, and cash-on-cash return. Being ahead of these metrics enables you to choose wisely and unlock growth in the long run.

Know what the insiders know

Newbies in the commercial real estate domain can make better decisions by knowing what the insiders know. Learn to think like a professional and pay attention to detail. For example, income on these properties depends on their usable square footage, so consider it before sealing your deals. Likewise, you must know that commercial property leases are typically longer than residential leases. Knowing these insiders’ secrets is a clear advantage.

Recognize great deals

Recognizing great deals can set you apart as a commercial real estate investor, so you must master the skill sooner than later. The best way to find good ones is to look for them in the right places. For example, finding commercial space in Chicago can be easier by collaborating with local experts because the market is highly competitive. You must assess your potential investments with a sharp eye to check damages and uncover risks. Also, ensure it offers an easy exit strategy because the ideal investments are the ones you can walk away from.

Create a plan of action

Another tip to ace commercial real estate investment as a newbie is to create a plan of action from the outset. Start by understanding your financial capacity and borrowing prospects because you need to be strong on both fronts to grab the best opportunities. Also, forecast short-term income and long-term profits from each deal before diving in. Also, plan for property management because it is essential to protect your investment and maximize the income it provides. 

Discover the best neighborhoods

The best deals in commercial real estate are not just about the size and features of the property. Start by studying the neighborhood to learn the real potential of your investment. Check factors like rental demand, supply, and pricing dynamics to understand whether the locality is worth investing in. A good resale value is another thing to consider when picking properties in a neighborhood.

Commercial real estate investment may appear tricky to beginners, but you can ace it with a little knowledge and awareness. Follow these tips to choose wisely and make the most of the growth opportunities.

[bitchesgetriches]

The Real Story of How I Paid Off My Mortgage in 4 Years

NEW POST! The Real Story of How I Paid Off My Mortgage in 4 Years

As of fifteen minutes (and one very cold beer) ago, I officially own the beautiful house I’m sitting in right now.

My partner and I have been refreshing our mortgage account every few hours today, waiting for the final payment to process. (Weirdly, you have to WIRE the final payment. Seriously? After this years-long relationship of sending personal check after personal check, our mortgage…

[expertdebts]

Are you looking for a free debt help or debt calculator? With a little bit of help, you will be able to figure out how to manage your debt. All it takes is the right amount of research and a little bit of time. As long as you do not take for granted the debt help services that are offered, then you can easily sort out your debt problems. Once you figure out a way to manage your debt, you will have more time to focus on other issues like finding a job, spending money and enjoying yourself.

It is better for everyone involved to use the debt help services offered by professional organizations. This is so they can get an accurate figure of how much you need to pay off each month and at what interest rate. This debt help services will also give you budgeting tips so you know where you are at and how to continue moving forward. The best thing about these debt solutions is that they are free. You do not have to pay for their services.

One of the best ways to track your progress with debt solutions is to make use of a debt calculator. This is basically a program that will tell you how much debt you have and how much your income is. In order for you to make changes in the way you handle your finances, you will have to put some figures into the debt calculator. This can be done by entering your current debt amount, the number of credit cards you have and the interest rates you are paying.

This debt help services will be able to help you come up with a realistic plan of action that will help you keep up with your debt payments. If you think you cannot handle your current debt situation on your own, you should contact a debt help service immediately. They will be able to give you some practical advice on what you can do to make your debt payments more manageable. When it comes to debt solutions, it is very important to remain realistic about what you can afford to do. It can be very easy to fall deep into debt if you don’t know which end of a stick to push on.

You will also need to put some figures into the debt calculator in order to find out what your monthly savings would be. It is easy to lose track of your savings when you are struggling with debt help. A debt calculator can help you keep track. You will have to enter how much money you make into the debt calculator. Once you have done this, you will then have to enter how much you spend on all the different things you buy on a monthly basis. Once you have done this you will get a good idea of how much extra money you have to work with each month to eliminate debt.

A debt help service may also be able to help you save money if you have a high interest savings account. Most debt help services will encourage you to open an account where you can keep your money. Instead of paying interest on a regular savings account, you can put money into an interest bearing savings account. This way, you will not have to pay interest and it can be withdrawn when you want to use it for debt help purposes. All these will add up to your increased savings.

Remember that the debt help you receive will always start with your own saving and then provide you with additional debt help as you need it. They will first do an analysis of how much debt you have and what kind of debt help you need. The debt calculator and the other debt help services will help you get to a point where you can make some headway towards debt freedom. However, debt can be difficult to get rid of. It is usually advisable to consult a debt management company before making any large purchases.

There is plenty of debt help services available. The best thing you can do is spend some time researching each one. A good debt help service will provide you with accurate information and an easy to use debt calculator. This is much better than using a vague online debt calculator that will not give you any useful information. Remember, all this information is available for free. You can use the debt help pages in your local area or the internet to get in touch with professional debt help services.

[arrestyourdebt]

Why Wealth And Income Is Not The Same Thing

Why Wealth And Income Is Not The Same Thing

How much money do you make?  Many people place their value on how much money they earn each year.  What if I told you that the majority of high income earners, over $200K a year, are not wealthy?

(more…)

[bookshelfdreams]

Hi, thank you so much for the advice! just being some guy (gn) is a good way to see things, it reduces the pressure to compensate people for tolerating or spending time or helping me. as for the person i talked about, i'll treat their offers of help as bids for connection because that's how i'd like others to treat mine. and i'll work on building up the courage to ask them about what makes them happy. have a good day!

you're welcome! you're right, we gotta stop keeping tallys of interactions. ideally you both will get something out of the relationship you have w each other. it's not a competition. let go of viewing every interaction in terms of debt and payoff. that's so healthy of you, I'm proud of you.

you'll figure it out. I believe in you. lots of love <3

[shig-a-shig-ah]

so um… ghul… I need advice (if you can give it)?

So you’re a college professor right? Well, for a while now I’ve really been thinking about going back to school (I’m 25, by the way) because I’d also like to become a college professor, ideally in creative writing/something in the writing field.

So I was wondering if there was any advice/warnings/general information you might be able to share that you think would be useful.

You don’t need to spend too much time answering. I don’t want to inconvenience you. But I could just really use any words of wisdom since this is something I really really want but am scared I’ll be blindsided by something (I did a little college back when I was 18 but ended up having to leave due to personal reasons, so I have some experience on what to expect, but not a ton).

Anyway, hope you’re having a good night.

Hi! Always happy to give advice and warnings about the dumpster fire that is academia, so I definitely don't mind the question or feel inconvenienced. I should clarify though that I'm a PhD candidate, not an actual professor--so basically, I'm a very advanced graduate student who teaches instead of taking classes. But, being a professor is the goal and I'm pretty well versed in the ups and downs of pursuing an academic job.

And I have warnings. So many warnings!

The first thing to consider is just the amount of time it takes to become a professor. While you can get some jobs with only a Master's degree, they're few and far between, and especially precarious. For anything secure, you basically have to have a PhD. That means 4-5 years of undergrad, assuming you're starting basically from scratch, and then at least another five years for the doctoral degree. Keep in my mind that most people take longer than that to finish a PhD, too--I'm in my eighth year of grad school (sixth year in my actual program because I did a master's beforehand), and the average time to degree for my department is seven years. I know people who took ten. I may take ten!

Second, the academic job market is terrible. In many, many ways. There are basically two options--tenure track and adjunct. Tenure track pays better, comes with stability, and is probably what most people think of when they think of being a professor. Adjunct positions are short-term teaching contracts that only last for a semester, and often pay worse. (Imagine cobbling together a full-time job by teaching multiple classes a couple universities to make $30k a year with few benefits, if you're lucky).

Tenure track jobs have more stability, benefits, etc., but are also really fucking competitive. It's not unusual to have hundreds of applicants for one position, and even then it likely still won't pay as much as most other jobs requiring that level of education. On top of that, you generally have to also hustle to public papers, present at conferences, etc., just to be competitive for these jobs. And, as a bonus, it's almost guaranteed that you'll have to relocate to find a position, so you could easily find yourself moving to Arkansas to make $45k a year after a decade of schooling. Things are especially competitive and underpaid in the humanities, like writing-related fields, too.

Now, it's not like it could hurt to pursue it as an option, but going back to undergrad just for that being the goal is maybe not the best idea; it's definitely better to go in with a few possible paths in mind. Because it's a big time commitment for very little guaranteed payoff, and that's without even considering that just getting through grad school is fucking hard, and pretty much guaranteed to leave you with a lot of debt unless you have a partner to financially support you. And there are things that are great about it--you get a lot of autonomy, and I really love teaching so I have a great time--but I also pretty much agree with the advice I was given before starting, which was: if you can picture yourself doing anything else, do that instead.