Do you have bad credit, ie a credit rating less than 580? Are you almost bankrupt or has filed bankruptcy? Need personal finance and payday is few weeks away? If your answers to these questions is "Yes", do not worry. Fortunately, there are several sub-prime mortgages and bad credit lenders who lend money to people with low credit ratings and can help.

Lenders to subprime mortgages and bad credit have a variety of personal finance options available to individuals with bankruptcy. (more…)

We are nearing the end of the first decade of the new millennium. In the early years of the new century, we witnessed some of the largest accumulations of wealth of all time.

But as time passed, the housing market and the stock market showed the emperor without clothes. As companies grew from pension plans for retirees when you know how much they get when they retired to defined contribution plans, where workers took the market risk, which seemed like a great idea, suddenly has become an albatross, a sign of evil omen of bad times ahead. (more…)

Personal Financial Management is a skill that really an important skill, and therefore can be learned like any other skill in life. No body is born with this ability. Even the best financial managers who control the budgets of the largest companies in the world can be bad at managing their personal finances, they have not been trained. Did you know, for example, that most of those who consider themselves experts in managing personal finances, including the humble author, have suffered greatly from the financial crisis in his life that might not even be able to imagine?! (more…)

Many of us are facing challenging times due to the recession. A recession is a decline in the Gross Domestic Product (GDP) for two or more consecutive quarters. It usually is associated with high unemployment, slow consumer spending, and a depressed stock market. But you can keep your head above water with these five tips:

Think past frustration, fear and/ or anger and get educated about possibilities. Your greatest worry in the unknown. Focus on what you can do and figure out when you should do it. (more…)