Budgets and budgeting are tough topics for a lot of people. The idea that a budget can stop all financial problems is a bit of a myth. While a budget can provide some clarity, tracking your money will give you the precision you need to be in control of your money.
As most of us all know, our wallets have been tested the past few years to see just how far we can squeeze them. Some of you most likely trying for a completely 360 degree twist. Many of you are probably sweating in your sleep thinking about the money spent or money you need to … Read more
Budgeting, its a topic that has not changed much from the time some dude had two cows to spend. “Where did that other cow go?” Today we have all sorts of fancy products and systems to help us budget our money, but does budgeting have to be so hard? For the record, I hate to … Read more
“Dear Steve, My wife and I have been struggling to get out of debt ever since we got married. Our monthly debt is as follows: mortgage $1,700, car payments $436, student loans $360, and $600 to her father for a $20K loan we borrowed from him, and about $600 on credit cards. After paying our … Read more
Martin Sher of AmSher Receivables Management in Birmingham, Alabama has recently made a huge step in the debt collection industry with “The Collector’s Pledge”. Sher, with over 30 years experience in the credit and collection industry was named as the president of ACA International (the Association of Credit and Collection Professionals) for 2010-2011. Sher co-owns … Read more
“Dear Steve, Hi, I’m a single parent of two, I have so much debt it feels like I’m drowning. I have a car note that I’m behind. I’ve been kicked out of my apartment. I have hospital bills, loans from companies to keep up, that didn’t help , but made it worst. I have bill … Read more
“Dear Steve, I have a lot of debt due to credit cards and 2 mortgages i have a condo and i owe more on my mortgages than my condo is worth. so refi is not an option. Well my question is i would like to start getting out of debt but do not know where … Read more
“Dear Steve, I have a low credit score, a high car interest and payment, and I am trying to get my kids and myself a house. I know the value of your credit is pretty important. I was not wise in the past and now I am paying for it. I am current on everything … Read more
“Dear Steve, I am paying all my credit card debt but the interest is killing me and can only afford the min balance that’s due so isn’t coming down fast How do I start to get out of debt I need step by step? Claire” Dear Claire, Why don’t you start by downloading my free … Read more
“Dear Steve, I have credit cards and unsecured loans totaling about $31,000 for which the payments combine to about $1,200/mo. Another $1200/mo goes to other payments such as utilities, car payments, rent, etc. and this does not include my groceries or any social expenses. I make $780/week so this does not leave me much room … Read more
“Dear Steve, Briefly – single mom, no support, 7 yr. old daughter. Last fall, I took a 30% paycut to keep my job (basically my entire mortgage payment). In Dec., I promised daughter a dog for her birthday. We finally got the dog a month ago and now I am really feeling the pinch. I … Read more