Credit Counseling Companies

Recently a friend told me that he took his wife and went to a credit counseling corp in Texas. They had a few hour meeting to see if they could be helped to get their credit in order.

This couple if in their thirties and they have some kids. The husband recently graduated from school and has taken a job that pays rather well for recent graduates. Still with 4 kids money will be very tight. They borrowed a bit more than they should have in school on student loans and credit cards.

Now the find themselves unable to get a home and needing some help. They don’t know hot to budget and were drowning in debt. So the credit counseling corp said they could help. From what I know the credit counseling corp [Read more...]

Simple Key to Saving Money

Today I posted this over on MoreMerchant.com.

The Key to Saving money is Automation.

MoreMerchant.com Save more Money Make more Money

MoreMerchant.com has a new design. MoreMerchant is our parent site so when it grows it benefits this site. Take a look at the moremerchant.com a site to make more money and save more money. What do you think of the look?

[tags]moremerchant.com, save money, make money[/tags]

INGdirect $25 Bonus referral

Are you looking for the $25 INGdirect Bonus referral? if so I have an account with a few referrals left. You have to deposit $250 to get the $25 and if you do I also earn $10.

So if you need the $25 referral for INGdirect let me know. I will send them out on a first come first serve basis.

[tags]INGdirect, referral[/tags]

Life Changes Save Money Save Credit By Making Another Budget

Have you done a budget lately? We have moved in the past couple of months and our budget has been changing every month. This month as things would begin settling down we found out that we would be having another baby. This of course will change things dramatically.

So a new job, a new home, and now a baby make for exciting times but stresses to a family budget. So many people put off making a budget when things are changing. Do you think this is a good way of handling your finances?

When times are turbulent you need to not only do a budget, but you need to keep refining it weekly if needed.

Broke then Stop Eating Your Money.

My friend over at My new Choice is talking about how much you spend eating out.
He says to Stop Eating Your money!

My wife and I found our early on that by not eating out often, not ordering drinks and dessert would save us thousands each year. It has paid off and allowed us to not live off of credit.

From My new choice:

How much money do you budget each month towards eating away from home? Maybe I should first ask whether you are even following a budget or spending plan but the truth is that people are spending more and more on eating out.

He also pointed to some great stats:
:: In 1960, 21% of overall food dollars were spent on meals away from home.
:: In 2005, 44% of overall food dollars were spent on meals away from home.
:: In 2006, 24.1% of restaurant meals were ordered from the car.
:: In 1985, 23.6% of home-cooked meals included dessert.
:: In 2006, 14.6% of home-cooked meals included dessert.

This is a lot of money the normal family spends eating out. Do you find yourself waiting for the next paycheck to come? Do you live off credit cards as your way to survive? Then stop eating your money!