We have become a nation of spenders and debtors rather than a nation of savers. One recent study found that 20 percent of Americans had no net worth beyond consumer goods. If you ignored real estate, the number jumped to 55 percent. Basically, most Americans have nothing other than the home they live in and the stuff they put in it. (more…)

Credit repair can be intimidating. Even when the items on your credit report are completely invalid and you have every right to get it removed, it can still be a daunting prospect to issue the disputes and wait for the answers. It can also be time-consuming and frustrating. (more…)

The various problems that you can face if you have unpaid debts are -
1. It affects your credit report and thus your credit rating.
2. An impaired credit report can show you in unfavourable light and reduce your chances of getting a credit card, a loan, a mortgage or an overdraft.
3. An unfavourable credit report can impair your chances of buying or renting a property. (more…)

A lot of people ask when they set up their internet merchant account if they will be able to take debit cards as well as normal credit cards. The answer is yes.

There are 2 types of debit transactions, offline and online. Your first thought would probably be that an online debit transaction would be (more…)

Mompreneur - it’s one of the most frequently used hybrids words today. Why? Because moms all over the country are dispelling the myth that mothers can’t be entrepreneurs and starting healthy and successful businesses left and right.

According to “The Shared Characteristics of Entrepreneurs,” written by George Howard, (more…)

I would like to talk to you about getting started on a budget. Especially in these hard times with the economy not looking great and people losing their hours of work and losing jobs altogether. Now is a good time to sit down and work out your own finances.

Start by writing down all your debt amounts, loans, mortgages, rent and put the amount as you pay them, (more…)

How many of you decided one day that you were going to make a lot of money on that next big idea? Your perception of money may have been (or still is) “money can make all of my troubles go away.” Then you spend countless hours attempting to make it big - or do you? Maybe instead you found several ways to sabotage yourself and your success. (more…)

Debt management is increasingly becoming a necessity in our lives. It refers to the proper planning and organization of finances in order to keep a minimum debt balance. Debt management aims at lowering our debt and helping us maintain our credit rating.

Up until recently, it was extremely easy to obtain credit, (more…)

With the economy the way it is today, more and more people than ever before are turning to couponing and shopping the sales in order to save money while shopping for food, household necessities, personal items and more. Thankfully using coupons has gotten much easier than it was in the past. While you can still get tons of coupons in your Sunday newspaper, it is much more efficient to get them online. (more…)

You might say the increasing number of credit card defaults is a result of the housing crisis that led to the bank crisis, which led to thousands of people being laid off. That, of course, had to play a part.

It’s difficult to feel sympathy for the banks that took bail out money to keep operating, and then laid off thousands of workers, however. (more…)