Are you feeling the pinch financially? When you are having financial troubles it can be hard to know who to turn to for advice. Many challenges in our lives can be discussed with the people closest to us. Whether we are looking for a good mechanic or are having marital problems our support circle of close friends or family help us to work out the solutions to our problems.
Financial difficulties are one of the few issues where we can choose to suffer in silence to avoid embarrassment rather than discuss them with those that love us most.
When your budget gets squeezed by all your obligations and you have more month left than money it can be a really tight spot to be in. Some of the typical strategies, rather than helping you, can lead to even bigger problems in the future. Here are the Five Biggest Mistakes that will keep you struggling with debt and how you can avoid them forever.
You need to be strategic about how you use credit and how you pay it down in order to minimize the interest and fees you are required to pay. Of course avoiding credit allows you to avoid these fees. But failing that, it’s good to consider reading this blog.
When you sign up for a credit card or loan you’re obviously on the hook for the debt. But what if you’re a second cardholder and someone else is the primary cardholder - what are your responsibilties? Read on – you are about to find out that the devil is in the details.
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