2013년 11월 22일 금요일

Joe Halladay 's blog ::Where did the name sequester come from It is debt reduction.







Joe Halladay 's blog ::Where did the name sequester come from It is debt reduction.








When               money               is               tight,               lowering               your               personal               debt               is               the               best               way               to               free               up               money               for               day-to-day               expenses.

While               debt               consolidation               programs               are               one               way               to               lower               personal               debt,               an               easier               way               is               just               to               do               it               yourself.

Having               lived               through               a               recession               once               before,               I've               discovered               that               living               relatively               debt               free               is               the               only               way               to               survive               tough               economic               times,               rising               prices,               and               job               losses.

Without               consumer               debt,               a               family               can               get               by               on               much               less               income.

And               once               the               debt               is               paid               off,               that               money               can               be               used               to               invest               in               things               that               matter               such               as               a               house               or               a               retirement               fund.
               If               reducing               personal               debt               is               your               goal,               you'll               be               pleased               to               discover               that               it               is               just               not               that               hard               to               do.

It               does               however               take               discipline               and               the               determination               to               stick               to               a               budget.
               1.

Drafting               a               Budget.

Before               starting               a               debt               reduction               plan,               you               must               get               some               sort               of               feeling               for               where               your               money               is               going.

Tracking               expenses               and               income               in               an               organized               method               is               called               "budgeting"               and               is               the               most               important               financial               tool               available               for               personal               debt               management.
               In               the               interest               of               saving               space,               I               won't               go               into               the               specifics               of               how               to               draw               up               a               budget               (View               How               to               Create               a               Budget               from               About.com               for               help);               what               is               important               is               that               you               devise               a               budget               for               tracking               how               and               where               your               money               is               being               spent.
               2.

Breaking               down               costs.

Once               your               household               expenses               and               income               streams               are               in               budget               form,               it               becomes               very               easy               to               analyze               spending               patterns               and               break               them               into               variable               and               fixed               categories.

To               use               my               household               budget               as               an               example,               I               group               our               family               expenses               into               two               categories               titled               "Expenses               I               Can't               Do               Anything               About"               and               "Expenses               I               Can               Do               Something               About."
               --In               the               "Can't               Do"               column               are               the               fixed               expenses               such               as               the               mortgage               payment,               the               car               payment,               credit               card               payments,               insurance               premiums,               tuition               payments,               internet               services,               and               other               type               of               monthly               consumer               debt.


               --In               the               "Can               Do"               column               are               the               variable               expenses               that               are               different               from               month               to               month.

Variable               expenses               include               utilities,               groceries,               fuel,               apparel,               and               so               on.

It's               in               this               column               where               a               person               can               find               the               money               needed               for               debt               reduction.
               3.

Where               to               find               money               for               debt               reduction.

Once               these               variable               spending               patterns               have               been               identified,               it               will               be               easy               to               see               areas               that               can               be               trimmed.

Eating               out,               going               to               first               run               theaters,               buying               videos               or               junk               food               are               just               a               few               examples               of               expenses               that               can               be               eliminated               for               the               time               being.

Other               areas,               such               as               groceries,               apparel,               and               utility               use               can               also               be               pared               back               by               25%               or               more               to               free               up               cash               for               paying               down               your               debt.
               Need               more               ideas?

How               to               Squeeze               Your               Household               Budget               is               filled               with               many               other               cost-cutting               suggestions.
               4.

Coming               up               with               a               Debt               Reduction               Plan.

Now               that               you've               freed               up               some               cash,               let's               tackle               that               debt.

How               you               pay               that               debt               depends               on               your               future               financial               goals.
               --If               buying               a               home               or               taking               out               a               home               equity               line               of               credit               is               a               future               goal,               personal               bankers               recommend               paying               down               the               debt               evenly.


               --If               saving               money               on               interest               is               the               objective,               making               accelerated               payments               on               the               highest               interest               card               is               best.

Once               the               highest               interest               rate               credit               has               been               paid               off,               you               can               begin               moving               on               to               the               next               highest               credit               card.


               --If               lowering               the               number               of               your               credit               card               bills               is               the               goal,               paying               down               the               smallest               bills               first               is               a               great               plan.

This               is               what               I               do,               incidentally               because               I               need               that               mental               pat-on-the-back               of               "Whew,               another               bill               gone!"               With               this               debt               reduction               plan,               any               extra               money               is               used               to               pay               off               the               lowest               bill               first               and               once               that               bill               is               paid               off,               can               then               be               thrown               at               the               next               bill               in               the               queue.
               5.

Find               a               lower               rate.

One               tip               that               can               also               speed               up               the               debt               reduction               plan               is               by               negotiating               lower               credit               card               interest               rates.

This               can               save               a               consumer               hundreds               of               dollars               a               year               and               will               help               pay               down               debt               even               faster.

Options               include               switching               to               a               0%               promotional               rate               on               another               card               for               a               year,               taking               out               a               home               equity               line               of               credit               at               a               lower               interest               rate,               or               calling               up               the               customer               service               department               of               the               card               company               to               negotiate               a               lower               rate.
               How               to               Get               A               Lower               Interest               Rate               on               Your               Credit               Card               can               show               you               how               easy               this               process               can               be.
               6.

Stick               to               the               Plan.

The               hardest               part               of               any               debt               reduction               plan               is               sticking               with               it,               especially               since               it               could               take               months               ~               and               even               years               ~               to               fully               extract               yourself               from               debt.

A               strategy               that               used               to               work               for               my               husband               and               me               was               to               post               our               debt               reduction               goals               on               the               frig               and               reward               ourselves               with               a               $25               shopping               spree               at               Barnes               &               Nobles               whenever               we               hit               a               milestone.

Tracking               your               progress               on               the               frig               is               a               great               way               of               keeping               this               goal               in               the               forefront               of               your               mind;               rewarding               yourself               with               a               special               incentive               will               keep               you               moving               in               the               right               direction               towards               debt               free               living.
               More               by               this               contributor:               
               How               to               build               up               wealth               through               frugal               living               
               How               to               save               money               easily               without               changing               your               lifestyle.






Image of debt reduction service






debt reduction service
debt reduction service


debt reduction service Image 1


debt reduction service
debt reduction service


debt reduction service Image 2


debt reduction service
debt reduction service


debt reduction service Image 3


debt reduction service
debt reduction service


debt reduction service Image 4


debt reduction service
debt reduction service


debt reduction service Image 5


  • Related blog with debt reduction service





    1. frugalforlife.blogspot.com/   04/15/2009
      ... tried many of the debt reduction services that are sold via...own 2¢ in and you can have this debt reduction information for free. How to save...
    2. jasondoesindia.blogspot.com/   08/02/2006
      ...American spies. Having taken a class on the history of our intelligence services, I can say with confidence that we are spying on India like there’s no...
    3. stopwarsaveearth.blogspot.com/   02/10/2013
      ...original distribution of $1.2 Trillion in debt reduction. These monies are...up to $1.2 trillion (less assumed debt service savings) over ten years...
    4. laglux.blogspot.com/   04/25/2007
      ...National Debt threatened a real reduction, if not in the Money Supply itself, then in...of their Profits in their own Debt Service, lest they face horrid (at least to themselves...
    5. consolidatedebttoday.wordpress.com/   02/17/2011
      ...they look after paying your lenders. Non profit debt consolidation reduction companies offer services to reduce your monthly obligations to creditors...
    6. christiangunslinger.blogspot.com/   08/09/2011
      ...! THESE ARE REDUCTIONS IN THE RATE OF GROWTH!!!—my addition) ‘And...borrow that money, [and] it adds to the debt,’ Mack said. ‘We can’t continue...
    7. whattaboutbob.blogspot.com/   02/21/2013
      ...to invest in some, or all, of these opportunities. Here's how our service works. On the second Friday of each month, I'll send you my monthly newsletter, Stansberry...
    8. onlinetaxservices.blogspot.com/   08/25/2008
      ... with a variety of IRS tax debt situations. There... with a tax reduction. An honest and reliable...associate provides another service too. The associate takes...
    9. www.redstate.com/   05/21/2011
      ... the point where the interest to service the national debt will exceed all discretionary, non-military...and go into a radical program of debt reduction. I would have to set up a budget on which...
    10. ibloga.blogspot.com/   12/15/2011
      ...None believe that wealth can be created by record deficits and aggregate debt. None believe that printing ever more money will not lead to inflation. What we have...
    11. Debt Reduction Service - Blog Homepage Results

      ...in Personal Residence or Farm Reversionary Interest Revocable Living Trust Rollover Salary Reduction Simplified Employee Pension Plan SARSEP Secular Trust SIMPLE Retirement Plan ...



    Related Video with debt reduction service







    debt reduction service Video 1








    debt reduction service Video 2








    debt reduction service Video 3




    debt reduction service































    0 개의 댓글:

    댓글 쓰기