Things To Know About Debt Consolidation

Debt Consolidation - Is It Right for You?
Debt Consolidation – Is It Right for You?

Thinking of Consolidating Your Debt? 

Here’s a thoughtful and informative piece to help you decide if debt consolidation might be right for you. My friend Ryan from Arrest Your Debt is sharing some useful details in order for you to make an informed decision. If you’re thinking of pursuing debt consolidation, be sure to weigh all of the pros and cons of that decision.

Read on, for more details —

If you have many different debts with different interest rates, payoff schedules, and balances, it may sound like a good idea to sign up for debt consolidation. Debt consolidation can seem appealing with the promise of a significantly lower monthly payment and a reduced interest rate.

For some people, debt consolidation may be a reasonable solution. For others, they will be making the debt consolidation company rich.

The truth is, debt consolidation and debt relief salesmen will tell you whatever you want to hear to get your business. Don’t fall for any of the gimmicks or false promises. Before you sign on the dotted line, learn the truth about debt consolidation to find out if this strategy is right for your situation.

Continue Reading…

Side Hustles to Make Money Online

Side Hustles to Make Money Online
Side Hustles to Make Money Online

Side Hustles to Make Money Online

This next post was written by my friend and colleague Andrew, who blogs at Wealthy Nickel. It’s all about finding the right side hustles for you to actually make money online.

Because — let’s face it — not all side hustles are created equal. Just like we are all individual human beings, with strengths, weaknesses, likes and dislikes. A side hustle that I might detest could potentially be right up your alley, and vice versa.

That’s why finding the right side hustle idea for you is such a personal decision. Because you really want to find a side hustle that you can stick with for the long term, to actually make some money.

To find out more, read on and learn the details of 7 side hustles to make money online.

Not Your First Rodeo

If you’ve spent any time at all on the internet, I’m sure you’ve seen a hundred articles about how to make money online like:

  • 5,265 Easy Side Hustles to Make Money Online; or
  • 9 Creative Ways to Make $5,000 in 3 Days; or
  • How I Became a Blogging Millionaire Overnight in my Pajamas

Well, let me stop you right there.

This is not that article. I am not selling you a blogging course, or promising you will retire early by taking online surveys.

What you will get are some legitimate, solid ideas that you can use as a starting point to craft the perfect online side hustle strategy for you and your family – whether you’re looking for ways to make $500 a month or $5,000 if you’re willing to put the work in.

Making money online is a very personal topic for me, and one I spent a lot of time trying to figure out a few years ago.

Continue Reading…

Begging for Money: The Tough Love Guide to Finally Getting it Together

Begging for Money - Man in suit with hand out
Begging for Money

Beggars Might Be Choosers

Has begging for money become the new norm? It seems that the internet has become an easy way for people to become online panhandlers. I’ve shared many ways to make extra money from home, online, and even creative side hustle ideas (ie “Dave jobs” for all of you Dave Ramsey fans).

From CyberBeg to BeggingMoney, there’s no shortage of sites available to ask strangers for financial help.

But at some point, you have to get your financial shiz together and take responsibility for your own successes and failures.

Here are four ways to get it done.

Step 1: Evaluate your Income

Do you make enough money to support yourself, your partner, and/or your kids? According to the US Census Bureau, median household income was $61,372 in 2017. Income is calculated including wages and salaries, as well as any kind of governmental entitlement such as unemployment insurance, disability payments or child support payments received, along with any personal business, investment, or other recurring sources of income for all persons over the age of 15 in the household (whether related or not).

Continue Reading…

Debt Payoff Update: Be Careful What You Wish For

Dandelion Wish Debt Away
 Dandelion — Can’t Wish Debt Away

You Cannot Wish Debt Away

It’s funny, when you spend so much time wishing for something to happen.

Wanting it so badly, it’s all you can think about. And you imagine what life would be like, if you could only accomplish this one goal.

Make this singular change that’ll make everything worth it. Something that will improve your life exponentially, so you can finally enjoy a brighter future.

And then it happens.

But it’s not exactly as you imagined it would be. There’s a twist at the end. A kink in the plan. A curve ball you didn’t see coming.

Or maybe you did see it coming, and chose to ignore it. Ignorance is bliss, isn’t it?

So here is what I’m talking about:  Debt.

Continue Reading…
%d bloggers like this: