Tag Archives: debt
11 ways to get out of debt and stay out of debt
In spite of steady, regular income there are so many individuals who live paycheque to paycheque, carry their credit card outstanding, and fail to save anything for retirement. If you are one of them, now is the right time to take action to come out of debt and stay out of debt. It is not only possible; it is unbelievably achievable.
1. List down all your debts
You need to take stock of all your loans. It could be credit card due, personal loan, car loan, housing loan, education loan, loan from FD, loan from insurance policies, loan from your employer, hand loan and so on. For each and every loan you need to note down how much you owe, the present interest rate, EMI, Number of months to be paid.
2. Negotiate for lower interest rates
If you could...
Debt Elimination May Be Best Debt Cure
Credit card debt; almost everyone has some. Unfortunately, too many people are overwhelmed by it. This is a burden that always seems to be with us, no matter how hard we try to overcome it.
We are not born with it. But we catch it, and we can’t seem to shake it loose. In this sense, it is like a disease. A financial sickness with very few remedies. Sure, there are medicines for it. Just keep making your minimum payments and the keep the collectors off your back.
Like most medicines, this attacks the symptoms, but does not provide a cure for the disease itself. You keep taking your medicine, month after month. But the illness will stay with you, eating away at your financial health. With this disease however, it possibly may not die with...
Samir 
ramalingam 
Farhaan 
siddharth 
Hans Neukomm 
