Working part time at a temporary job while getting to know the place and adjust to the new environment is the plan.  Since the holiday season is lurking around the corner, guess part time retail jobs and holiday extra helps are not too difficult to find.

It would take a few weeks for me to get the social security numbers (which is required when you apply for jobs). Then would start taking tests for driver license. Public transportation in most of the cities in America are horrible, driving is essential so you can get to work!

Though the economy in America is not the greatest right now, it is fine when you have a job and are not in debt. Our plan is to continue to stay out of debt and save up cash for emergency during a recession like this.  That’s why we would not buy another car on payments though we  may have to work around our schedule.

So many people in America are living paycheck to paycheck and carry a balance on their credit cards. The financial crisis and recession  hit this group of people the hardest, some are going through bankruptcies,  foreclosures, or some have to consolidate debt and change their lifestyles. On the other hand, the sluggish real estate market is the buyer’s haven right now. It’s a great time to pick up a bargain for people who have the cash. We hope to save enough money to buy a house in 2-3 years time!

He has agreed to help me with the medical bills and pay for the air ticket, now he is broke and won’t be able to purchase the air ticket! Luckily I have transfered a few thousands out of his bank account before he splurged it on toys. A boy should not be trusted with handling money. He “needs” to spend it when he sees money in his bank account!!

Looks like we got to diverse our income source. Since I am already working in front of the computer all day long, may be I should learn to trade stock options. It shouldn’t be too much a rocket science, as some of our friends started trading right after they attended a seminar and bought the software program that enables them to do different spread and strategies.

We would be happy to to able to sell the old junk for 2-3k! Looking at the second hand car market, we doubt we can get that! Consider we paid 11k for this old junk three years ago, the price has dropped like a bag of rocks, hasn’t it?

Realizing how stupid that was, we paid off the credit card debts. We have also decided a year ago that we don’t need to carry so many credit cards in our pocket books. We got rid of all of them except for one that we considered as one of the Best Credit Cards. We keep this one for emergency use only and pay it off every month. We use mostly cash for grocery shopping and everyday expenses.

This card has subscription free and cash back. It also comes with travel insurance when you purchase your air tickets using the card. We are happy with how things are right now and would never carry a balance on our credit card!

It’s very important to be equipped with the right knowledge and know your right when it comes to choosing a right insurance product. That’s the wonderful thing about this information age, you don’t live in the dark ages anymore. The best thing is: you can ditch the insurance agent who only watches over his own pocket and ask for term life insurance quotes online now!

With rising medical costs abroad, travel insurance that cover short term health care has never been more important. Any illness or accident while overseas can leave you with a serious financial burden unless you come prepared.

Do you know that suffering a hip fracture in the USA could cost you $30K? Or that a heart attack in Spain will set you back $60K? While you may consider yourself to be in good health there are always unexpected accidents waiting to happen. It’s much better to be safe than sorry. Travel insurance ensure you’re fully prepared before you hit the sea, sand and, of course, the slopes!

To add salts to the wound, many of these people are also carrying a balance on their credit cards. If you are one of those who has been loaded with credit card debts and being in debt up to their noses, the obvious thing to do is to research and look for some low interest rate credit cards to do a balance transfer.

Once all the consumer debts are being consolidated into a lower interest credit card, you should start a small emergency fund that takes care of the “unexpected” and start mow down the debts. It’s very important that you stop using the cards for purchasing more stuffs thus incurring more debts. Remember, whatever you can’t pay with cash means you can’t afford!

Just done my fair share of yelling on the phone, to the slow in action forty-something who wants to stay as a seven years old spoilt brat. What kind of dumb cow takes two weeks to come up with a personal budget that doesn’t balance ?! I gave up, never try to pull a cow up the tree!

The best you could do in such situation is to consolidate and transfer all the debts to a low interest credit card and try to pay them down as quick as you can. It is not going to be easy, but you would need to have a goal and work towards that.

You may check out creditnet.com, the premier credit card resource site for information on such credit cards from selected providers. You get to read about the company reviews and chat with people who are sharing the same financial issue in their lives.

If you do not have emergency fund to cover living expenses during the transition period when you try to get a new job, it’s highly possible that you may face foreclosure or bankruptcy. When that happens, you want to equip yourself with the bankruptcy law and real estate process.The judiciary process for bankruptcy may differ from state to state i.e if you live in New York, you may need to know about the New York bankruptcy process and even seek the assistance of lawyers who practice in this state.

Since we are going to move and need to sell off our car, we are pretty glad that we didn’t take her advice to get a new car. We might, after the move, but it’s unlikely to be a brand new car!

The big boy is trying to find out whether his employer-provided health insurance will cover me once we reunite in IL. If it does not, we would have to look for an affordable short term health insurance till I find a job that provides health insurance.

Insurance is an absolutely vital part of any sound financial plan. If your illness or injury is serious enough, you’ll be out of work, which means you will have a huge debt to pay and no money coming in!

If you think you are a victim, you need to file a report with the local police department, report the suspicious charges to the credit issuers and contact the three main reporting companies to put a fraud alert on your credit report. The three main credit reporting bureaus are Experian, Equifax and Trans Union. You can report fraud or get a copy of your credit report by reaching one of these companies. Once you report to one bureau, the other two agencies will be sent the report. A fraud alert will be put on your account by each company and you will be sent a copy of your credit report.

The laws requires the credit bureaus and creditors to take extra steps to verify your identify once a fraud alert has been placed. However, since the crime may take days or even weeks before you noticed what happened, it’s easy for the criminal to commit several crimes before you’ve realized what occurred.

Thus, a company called lifelock has started a identity theft protection services, they will automatically generate a fraud alert request on behalf on you. When fraud alerts are established with major credit bureaus, creditors are required to take extra steps to verify your identity.

But the company is currently in a legal dispute with one of the major credit reporting agencies Experian. Experian is suing Lifelock for generates huge numbers of alerts which cost them millions of dollars every year in processing large numbers of extra initial fraud alerts, mailing mandatory notices to consumers, and providing free credit reports to consumers who are not eligible for such reports.

It’s true that no matter how prepared we are, life sometime present us unforeseen circumstances that we need cash desperately. However, the decision to sell structured settlement payments should not be taken lightly. Since turning the structure settlement payments into immediate cash may affect one’s financial security in the long run, it’s an option that need to be clearly thought through and plan well. The flexibility of turning structure settlement payments into lump sum cash should be used for emergency and not be abused for instant gratifications.

Whether you are ready to receive cash for structured settlement payments or simply have questions about the lump sum option, call the company that does a lot of this kind of conversion and transactions- StoneStreet Capital at 1-800-LUMP-SUM. The staff who are experienced professionals may work with you to help you decide if getting cash for structured settlement payments makes sense for your unique circumstances.

One thing we need to look into is how to get me insured. The big boy needs to find out whether his health insurance plan at work would cover me. If not, we would have to pay for a health insurance plan for me.

Are you cover under any health insurance plans? If you are not covered through your work, you might want to look into getting a health insurance plan. If you are retired and not working, you may want to find out more about medicare insurance? It’s really important to do that as health care is very costly in the US, medical bills are the number one reason for many people who filed for bankruptcy!

This arrangement is alright for me, the important thing is that we are united and live in one place instead being separated in two locations. We need to be very careful financially and save money like crazy. It’s going to be a while, but we hope one day we will be able take one of the Costa Rica vacation packages to go on a vacation or honeymoon. We hope our discipline will pay off one day and we are looking forward to delayed gratifications instead of instant gratifications. :-)

I must say it was a stressful time for us. I don’t know about you, being in debt robbed the peace out of me. I couldn’t sleep well and felt terrible. I can just imagine the perils one had to go through for being in debts up to the nose or facing the possibility of bankruptcy. It must be stressful and one may be even experienced sleepless nights. But, at least it’s not all loss, one can prevent or avoid bankruptcy with the help of Debt Management service and have a turn around of the situation.

It certainly takes much focus and determination to manage and pay down your debts, but the peace and freedom that come from being debt free make it worth all the hard work. It’s not the end of the world, really.

However, if you still have many years to go with your mortgage repayments, you should take advantage of the lower interest rate currently by doing a Mortgage Refinancing. The interest rate has gone down quite a bit and came close to nailing the very bottom of the valley in mortgage interest rates since beginning of this year.

Check out CountrywideHomeLoans.com to learn about the popular mortgage products and the latest offers that can help you to lower your monthly payments with lower interest rate, thus shorter repayment period.

Ready to bid goodbye to your boss and take charge of your destiny in 2008?

Would prefer the older funds that have 10-15 years track record of consistent performance, as it’s really hard to tell whether a two years old equity fund is performing. But, what to do, the gomen feels obliged to make decision for us, here it goes, the only decent choice, an Islamic equity fund for the pick!

It is definitely not easy to build your own business from scratch. It had been an uphill task for us running a small business of our own. We started off with our savings and went into some financial bind in the second year when business didn’t pick up as expected. Sleepless nights struggling with cash flow problem was not exactly what we would call fun.

It’s not that easy to get business funding from traditional lenders. Using revolving cash with credit cards will just be committing suicide, so our advice to our friends was make sure they have strong financial backup before going into business.. or even think about it.

It’s actually quite difficult or should I say near impossible to obtain a Business Loan without collaterals or co-signor(s). Most conventional lenders do provide unsecured loans, but they have ridiculously high interest. Unless the business that you are going to start has very high profit margins and good returns, it can be quite a burden to keep up with the repayments. That’s something that we need to take into consideration before taking a loan to start a business.

The obvious advantage of a structured settlement is tax avoidance. With appropriate set-up, a structured settlement may significantly reduce the tax obligations as a result of the settlement, and may in some cases be tax-free.

But some people who enter into Structured Settlements feel trapped by the periodic payments. For example, they may wish to purchase a new home, or other expensive item, yet they are unable to use up the resources because they can’t take up a mortgage or borrow against future payments.

Do you know that there are companies who would buy your structure settlements for a lump sum payment? You take the full value of your personal injury settlement payments up-front or just enough to cover your current needs by selling only a part of your personal injury settlement payments. It’s your choice. If you think you will do better by accepting a lump sum settlement, to use it to purchase a house or investing it yourself, it’s an option that you can consider!

Even if the conventional lenders agrees to give you a small business loan after jumping through all the loops, you would still require to find a co-signor or co-signors, sometime this is required even though there is collateral as security.

If you are currently in need of working capital or suffer from cash flow problem, you may want to check out the link below. Merit Capital Advance offers a financing program that provides you with Quick Business Cash based on your anticipated future Visa® and MasterCard© sales. They also make it easier and convenient for you to get funding with the quickest and speediest processing.

A simple question “What will happen if I die?” will help to determine how much life insurance you need before you have children. For instance if you have a bunch of debts that your spouse would be stuck with if you died, then you need a little term life insurance.

When you have kids, you need to take out a term life insurance policy that is 10-15 times  of your annual take-home income. The purpose is to have enough money to replace the income of the deceased spouse. This is even true for stay-at-home moms. They provide economic benefits by doing the majority of the cooking, cleaning, shuttling the kids, so don’t forget to take out some term life insurance on stay-at-home moms.

We called the bank to clarify, was told that if the account balance goes below a fixed amount, they would charge a service charge. Alright, since they said so, we started adhere to their minimum amount requirement, but we still get the service charge in the statements!

Then, we checked with our friend, we found out they were not charged the same fee even though they have the same current account and mortgage, they were also not required to maintain a minimum amount to get the fee waiver, like we were told. We are mad that they lied to us about that being one of the standard charges in the new tariff introduced.

We are going to write to them to request for a refund, if we don’t get it, we are prepared to get lengthy with them, maybe report to the Bank Bureau or the Central Bank. It’s not a lot of money, maybe less than 200 bucks. They may think most consumers are too occupied to send numerous correspondences for that little money. But they need to be told it’s wrong to charge fees as they like it.

Whatever that mean! We are glad we can claim the credit, we don’t have to pay a cent out of the pocket this time. Though in actual sense, we have prepaid our property tax for 3  years because this people at the land office screwed up the calculation last three years.:-)

With poor credit score, people end up only qualified for bad credit loans when it’s time to apply for homeloans. This bad credit loans which typically have higher interest rate. It’s not surprised that they may end up in a vicious cycle. It maybe “normal” to be in debt, and many normal people are in debt up to their eyeballs. But being in debt makes a slave because you no longer have the freedom to use your money the way you prefer. It certainly takes a lot of will, discipline and courage to slay the debt monster in our modern society.

If a married man is the main bread winner, what he needs is a 20 years term life insurance. Term life insurance is an affordable life insurance, it costs only a fraction of what you pay for a cash value policy. You can invest the difference using other means. Do not invest money in life insurance; the returns are horrible. Your insurance person will show you wonderful projections, but none of these policies perform as projected. That also means when the 20-year term is up, the man shouldn’t need life insurance at all - because with no kids to feed, no house payment, and retirement fund saves up, his spouse will just have to suffer through if he die without insurance.

No matter what the insurance agents tell you, insurance policies are for assurance, they are horrible choices as investment. Do you know of anyone who got rich with insurance and still alive? Yes, many, the ones who sold them!

She told us that the retirement fund is better than CD or fixed time deposit because it’s guaranteed 6% return. We did a little calculations [Well, this is a rare occasion that my background in Mathematics comes in handy.:-)] and discovered that she didn’t tell us the whole truth.

She told me that we need to invest a certain amount for 10 years, then we can either take out the money after 10 years, 15 years, 20 years, 25 years, or leave the money there but take out a fixed sum annually until we die or when we reach 81 years old. What she didn’t tell was: the 6 % return that she quoted is for the last case scenario, that’s when you leave the money there until you die!

If you would take out the money at the end of 10 years, the return of your 10 years investment is just a miserable 2% !! It’s worst than CD!! The lesson learned here is: you should never trust what a sales person tells you without reading up and looking at the fine prints.

We bought most of our furnitures and appliances used at the recycled stores, after others have paid for the depreciations. Well, so far they all work fine. For general purpose household items, non-essential odds and ends, we get them from thrift stores. However, we do not buy food stuff at these stores. Also we don’t shop blindly at this thrift stores, as certain items are cheaper at the normal stores.

We drive an old used car and try to maintain it regularly. It does gives us problems occasionally, but we have a reliable and honest mechanics, who does the repairs for us and generally it doesn’t cost a lot. The mechanics likes to joke with us that our junk car only catches a flu every month, which costs a few bucks to fix, but having a newer car on payments will need a major surgery for the bleeding purse every month. We have figured out that it cost less to keep this junk than to buy a better car.

We generally buy clothes only if there is some kind of a discount sale (not talking about those kind of stupid *sales* that goes on everyday). We shop at the warehouse, I don’t buy used clothes though, just have a mental prohibition against wearing used clothes from people I don’t know.:-)

Well, my first sister MC is a careful financial planner and thrifty spender, she has probably done more detailed calculations than the loan calculators could. Though this is the first time they are buying a house and therefore do not have any experience, they are resourceful because they search for information online and ask their friends who are experienced. I am sure they have thought through the whole process and are certain they could afford the repayments before they decided to buy the condominium.

wonder why people who earned close to 1 million annually are heavily in debt. Then you look at the houses they live in, the cars they drive, you would not be surprised anymore. Well, my brother told me that many people are living a lavish lifestyle with debt piling up to their eyeballs!

But, they are also many hard-working people get into debt because of mistakes. But those who are willing to keep working hard to get rid of their debts, there’s hope to have a financially peaceful future.

Real debt help is not easy nor quick. You can get help from a credit counseling company, have your debts consolidated and managed, but you still need to solve the root cause of the problem - your spending habit and lack of budgeting to make sure you are saving enough for “unexpected” events.

If you are in financial stress because of something you’ve done, you need to get yourself out of the mess, making sacrifices in order to fix the situations that you created with your own irresponsibility. If you are not willing, or think it is too hard, you will never get out of the debt that you brought upon yourself.

But, do you know that you can also you can sell your lottery payments and receive an immediate lump sum cash payment? But, why won’t someone sells his lottery prize for less? Well, do you know when you win a lottery, you do not get the prizes immediately for most of some lotteries, instead you may receive your winnings over time?

Since inflation is going to make your money reduce in value over years, $1000 today would be more valuable than $1000 in lets say the next 10-20 years. That’s why some lottery winners have decided to take control over their winnings, they sell their lottery payments for a lump sum of cash.

There may be a lot reasons people would choose Structured Settlements to get cash instead of receiving payments in smaller installments. But, I hope people who make this question are fully aware of the chance of them finish up the prize money in a short time and get back in debt. Some people just can’t manage money that they suddenly have immediate access too, though it sounds good to finally can afford the finer things in life, pay back debt and live a debt free life!

If you are running a business, do you insure your business sufficiently? If you are in a partnership, you may need term life insurance for each of the partner, so that the business can continue in the unfortunate event of one of you suffered a sudden death. If your company owned vehicles or running a fleet service, you would need motor trade insurance and fleet insurance. It is always good to shop for the best rate and compare various offers and plans by different insurance companies. Nowadays, with the convenience of Internet, you no longer have to contact the individual company for quotes, you can just use a insurance comparison site to do the same. If you live in the UK, you may want to check out Quote Me Today.we make it quick and easy to get insurance for your business. It’s easy to get an insurance quote for your business on Quote Me Today. All you have to do is to fill up a short form or give them a call at 0800-988-9255. They have a dedicated team that can provide quotes according to your specific needs, with the best possible cover and rate.

Not many traditional lenders would provide a loan without any collateral as security. Even if they do lend you the money, the interest would be too high to even consider it. So, if you can find a service that provide unsecured loan with reasonable interest rate, some more provide easy process, fast funding and great service, should you jump on it?

For people who have their credit score trashed due to past spending habit, they may end up have to get bad credit loans to purchase a house. Since the interest rate may be higher, it’s really not a situation that we would like to get into.

Most Small Business Loans would require a co-signor or co-signors if there is no collateral as security. If you are looking for Small Business Loan, you may want to check out the links, they offer an easy process for fast funding with great service.

“Budget” is a word that may even sound like a dirty word to a lot of people. Hubby for one refused to get on board when I first started. But, I am glad he finally caught on, exactly a year later.

In fact, a written budget basically is just a PLAN. When you budget, you’re spending on paper, on purpose, before the month begins. Though many people view a budget as a straight jacket that keeps them constrained, thinking that freedom and budget don’t go together.

However, when you see a budget as spending your money with intention, you’ll actually experience more freedom than before. Hubby couldn’t believe that he could have a balance for giving and saving after all the expenses, and once we created a realistic budget and stuck with it, he is a convert now.

For people who have piled up their consumer debts and ruined their credits in the process, it’s certainly very stressful to deal with creditors or debt collectors. It may even take years to get out of debt and subsequently to rebuild credit. That may also mean they have to repair and re-established their credit score from scratch again!

We have no child yet, so “What will happen if I die?” helps us to determine how much life insurance we need. The only debt we have is the mortgage, if one of us died, the other one will need to continue to repay the mortgage. Since we are a couple with double income and no children, we have very little need for life insurance right now.

In future when we start to have kids, we would need to take out a term life insurance policy that is 10 times our annual take-home pay. The point is to have enough money to replace the income of the deceased spouse. It’s going to be even more true if I end up become stay-at-home mom.

We also have health insurance to cover the medical care. You could easily accumulate several hundred thousand dollars in medical debt…and medical bills are the number one cause of bankruptcy! On top of that, if your illness or injury is serious enough, you’ll be out of work, which means you will have a huge debt to pay and no money coming in. Insurance is an absolutely vital part of any sound financial plan.

Of course as car owner, we need to have Insurance to protect us in the event of an accident or damage to the vehicle. We make sure we have adequate liability with car insurance! As smart consumers, we do compare car insurance to get the best deal.

Why?

Well, if you don’t have health insurance and something happens, you could easily accumulate several hundred thousand dollars in medical debt…and medical bills are the number one cause of bankruptcy! On top of that, if your illness or injury is serious enough, you’ll be out of work, which means you will have a huge debt to pay and no money coming in. Insurance is an absolutely vital part of any sound financial plan. We want you to be prepared.

I am sure you are aware that they are so many different health insurance plans and options floating around out there? PPO, HMO, and HSA, just to name a few. Do you know what they do, how much you need, or better yet, what all the abbreviations stand for? Well, you would need to find out and understand what types of insurance are best for you. For example, if you live in Florida, you can choose a Florida healthcare plan among all the plans available. Some of them can vary significantly depends on your need, that’s why it’ so important to get educated about various options so that you can make the right decision for you and your family.

We have a lot of bills already in our life, and paying for car insurance that cost a bit more is not high on our priorities list. Anyway, to be a smart consumer, we should always compare and shop around to get better deal. The Internet certainly does make it easier for that. We can check out insurance comparison sites that have done all the leg work for us.

We no longer have to make a dozen calls to all the insurance companies or brokers asking them to send quotes one by one. It’s easy to find affordable, cheap car insurance that’s still of the same quality as that policy you’re paying more for. Check out the links and start saving yourself some money on your auto insurance. And I told hubby, for the next renewal, getting car insurance will be my job.

What we would have put into a car payment, we ended up saving toward a slightly used car. We do not like the idea of having a monthly payment and paying interest to the lender. What about you? Did you get auto loans to finance your car purchase? Did you buy new or used?

Hey, in my so called third world home country, the banks can issue the ATM card and setup the online access at the same time you open the account! It’s a bit frustrating when direct deposit or transfer between your own accounts takes more than a day and transfer from Paypal takes more than a week to clear! That’s ridiculous when even check deposit clears on the same day in my home country now. How come banking in this so called first world country is so backward ah?

For those of you who are running a business or planning to start a business, if you are looking for Commercial Loans to finance your business or premises. You can check out http://www.earth.co.uk/commercial-mortgages.html, the link to a loan comparison site, you can compare all the packages offer by all the commercial lenders to ensure you get the best deal. You can generally get a decision in principle within 48 hours and can be approved for up to 70% of loan in value.

If you have screwed up your credit rating with foolish financial decisions and choices and you live in the state of California, can a California credit debt helps you to repair and rectify your credit rating? I noticed it only can brings about the desired change and become helpful if you are also working on your real problem - you and your spending habit!!

After much considerations and prayers, we decided not to take the loan. We were fortunate in that sense that my sister had offered us a loan, interest free. We have paid her back the loan since then and we are happy that we are debt free now.

Why?

Well, if you don’t have health insurance and something happens, you could easily accumulate several hundred thousand dollars in medical debt. Medical bills are the number one cause of bankruptcy! On top of that, if your illness or injury is serious enough, you’ll be out of work, which means you will have a huge debt to pay and no income. Insurance is an absolutely vital part of any sound financial plan. You have to be prepared.

Before hubby got the new job that covers him under a good medical and dental plans. He used to have a health insurance plan. He can’t afford to get sick without a good insurance plan. If you are resident in GA, and are looking for affordable GA insurance, do check out http://www.usa-healthinsurance.com.

You can start with checking out college financial aid for grants and scholarships, which means it would be a great idea if your GPA was much higher than average. Good grades are an investment. Students in the top 10% of their classes have many more options.

Work part-time if you need the money. This idea isn’t widely accepted, but if you need the income, WORK! You could also try attending an affordable local college to get your first few years of required classes done. Then transfer to the school of your dreams if you can pay cash.

Nowadays, there are auto loan services available online which focuses on providing auto loans to individuals with poor credit. This service seeks out a solution to your bad credit problems and is cater to nationwide.

You will be surprised many churches got torn apart during the fund raising process. Getting into debt to build a new premises and fill it with church pews can be a very stressful task to the pastor and leaders of the church. In my humble opinion, church leaders can learn to manage church finances through careful cash flow planning by creating healthy budgets and strive to fund the building project debt free.

The bible says, the borrower is the slave to the lender. (Proverbs 22:7). Debt burdens people and it prevents the churches from realizing their full potential and maximizing their impact for God’s Kingdom. The church can teach the members about managing their personal finances instead of keep preaching about giving and tithing. Members who can manage their personal finances will be able to beat debt, build wealth, and give with generous heart and make a deeper commitment to live their faith.

I guess if people live without having a written budget, they would always wonder where their money goes. I know many people are living from paycheck to paycheck, they have to rely on Faxless Payday Loans when the “unexpected” happened. Only if they know the unexpected can be planned into their budget.

They should work on paying down the existing debts, thus create good payment records. Then, in future they would be able to get home loan from lenders who do manual underwriting, which will not just look at the FICO scores, but also look at the payment records.

The banks have certainly come out with more variety of loans that get people deeper in debt. I would never take equity loan against my house and any other loans that would ruin the financial peace that I have right now. Mortgage debt is the only kind of debt I would recommend anyone, because not many people are able to do the “100% Down Plan” when it comes to buying a home!

We may not stay here for long and if we decide to leave in next few years, we are going to waste money renovating. With the current house price here, it’s not possible for us to recover the renovation cost if we sell the house. The second hand housing market has been really slow and sluggish lately, there are so many new houses being built, why buy second hand when one can get it new. Oh, should we or shouldn’t we do(remodel the kitchen) that?

Making money in the stocks market may not be rocket science. We must be willing to follow a system and be vigilant to study the opportunities before we take the plunge. It will require hard work and the right kind of knowledge. If you are interested to brush up your skill in investing, do consider attending the Wealth Expo (http://www.wealthexpo.net) which will be held in Jacob Javits Convention Center, New York City.

I found the Schedule for the events on their website:
Friday, 10/19: 1 p.m.-6:30 p.m. EDT w/ a cocktail hour to follow
Saturday, 10/20: 9 a.m.-6:30 p.m. EDT w/ a cocktail hour to follow
Sunday, 10/21: 9 a.m.-4 p.m. EDT (no cocktail hour)

These two seminars catch my attention, the first one is “We Systematically Tripled the S&P 500 Since 2000. You Can Too!”, the second one is “Making Money in the Markets Is Not That Difficult- We Will Show You How”. Wouldn’t it be nice to better equip ourselves and learn from others about how to leverage our income in the market and letting our money works for us instead of us working for money!

My uncle recently had to learn the hard lesson, he co-signed for a car with his son, and he defaulted. If seems when you co-sign a loan, you are playing Russian roulette with your financial life. If the person you sign with defaults, the bank will come after you. If the bank wants a co-signer, usually it’s because they know that signer won’t pay. So don’t be shocked when this comes back to bite you.

When I was teaching at the private university, I was asked by a few students to be the guarantor for their student loans. I did sign for a couple of them thinking that it’s no big deal. But, now I think about it, it was quite foolish to do so, wasn’t it? Good thing they have not brought me any financial havoc.

I could understand why my friend Dianne won’t co-sign on a loan for her son, though her son was furious with her. He’s furious with her because he’s a spoiled brat who doesn’t like being told no. I think my friend made a very good choice to not co-sign on a loan for this guy. He’s 26 years old, and it’s about time he heard the word “no” about something. Right now, he’s using borrowed money to go to Japan … GIMME A BREAK!

She said statistic shows that 95% of people are spenders, they live from paycheck to paycheck. They are often broke before the next paycheck comes in, some even have to resort to taking payday loan.

Since payday loans only require a checking account and pay stud to qualify, nine out of ten payday borrowers take out 5 or more loans a year. More than half of them sign up for more than one in a month. It’s interesting to learn this: in order to pay off a payday loan, the average borrower end up paying 400% in interest. That certainly seems like it can sink the borrower quicker than the quick sand!

We would like to lock into a fixed rate mortgage with shorter payment period. Though we find out refinancing will cost us a few thousand in closing costs, we still think it’s worth to refinance for long term benefit, and we can have the peace of mind, do not have to worry about interest rate going up AGAIN.