how to manage debt effectively

money topic

DISCLAIMER:
This information provided by investment craft 101 is provided to you for educational purposes only. It should not be relied upon as legal advice.
Please do your own research or seek a financial advisor.

Is there a debt cloud looming over your head? Do you feel like you’re drowning?… ** The secret to getting our of debt, creating wealth and retaining it is: Better Money Management ** This Debt Free Forever Guide provides you with the essential knowledge you need to be able to manage you money better to provide you with a wealthy and prosperous future! The problem these days is that our costs keep going up and as hard as we try we just can’t get our income to increase proportionately. Combine that with the happy-to-spend-on-credit culture we live in and things can go from bad to worse as we see our debts mount up and our will-power fade. Debt can be a constant burden on our shoulders causing us severe financial and mental stress. The solution to escaping debt and growing your level of wealth essentially, boils down to three things: 1) Better Money Management Strategies; 2) A Wealthy Mindset; 3) Dedication & Persistence If you combine these three principles you will give yourself the opportunity to escape poverty and say goodbye to your debt burden forever. You will begin to grow your wealth sensibly and with purpose and as a result your life will be less stressful and full of abundance and choice. The Benefits of Reducing your Debts include: More disposable income Better interest rates when applying for credit Less money wasted servicing your debt Less worry & stress You can build you wealth You can create an emergency fund You can invest money for long term wealth creation

While financial disharmony can blow a marriage apart, financial harmony can bind it together. In this highly practical book, Mary Hunt helps couples bring the principles of intimacy-the foundation for harmony and debt-free living-into management of their money. These principles include acceptance, freedom, safety, and honesty in money matters, creating an atmosphere that unifies two lives into one.

Debt-Proof Your Marriage is packed with real-life advice that infuses readers with hope and direction. It covers everything couples need for managing their money in harmony, including how to:

* reconcile different money behaviors and beliefs
* let go of financial fears
* understand the basics of practical money management
* share financial work between two people
* manage roller coaster income
* successfully live debt-free

Hunt’s essential guide will help couples protect both their marriage and their money. With the interactive workbook, it’s ideal for small group study or pre-marital counseling as well.

#MoneyChat THE BOOK is a how to handbook that fills the gap between the financial information we all need and how we really live our financial lives. Written simply and with a sense of humor, author and financial coach Dorethia Conner Kelly explains financial terminology and complex financial concepts in easy-to-understand language. #MoneyChat THE BOOK teaches you: • How to not just create a budget but prioritize one • How to create an emergency fund when there’s no money left over • How to save toward college in under 10 years • Why you should invest and where to begin • How to come up with extra money when you need it without patronizing a payday-type loan establishment • The best place to put your savings If you’ve ever read a personal finance book and nothing changed in your financial life, it’s because the application of everything you were reading about was missing. This book is that missing link. Get ready to change your #MoneyChat!

Get control of your finances – and your future!

Do you feel like you’ll never pay off your student loans? Worried about your mounting credit card debt? Wondering when you’ll ever make enough money to stop living paycheck to paycheck? You’re not alone – millions of young Americans are finding it hard to save for the future and still pay today’s bills on time.

But with The Everything Personal Finance in Your 20s and 30s Book, 3rd Edition, you’ll learn how to be financially independent by:Creating a workable budgetMinimizing credit card and student loan debtInvesting money wiselyBuilding an emergency fund You’ll also learn how the Consumer Financial Protection Bureau can help you navigate the often-confusing world of financial service products. With this easy-to-use guide, you’ll learn how to manage, save, and invest wisely – starting today!

Unlike many personal finance books, How to Manage Your Money When You Don’t Have Any was specifically written for Americans who struggle to make it on a monthly basis. It provides both a respectful, no-nonsense look at the difficult realities of life after the Great Recession and a hope-filled, easy to follow path toward better financial stability for even the most financially strapped households. Created by a financial expert who hasn’t struck it rich, How to Manage Your Money When You Don’t Have Any offers a first hand story of financial survival in the face of rough times. Rather than emphasizing wealth creation, How to Manage Your Money When You Don’t Have Any teaches readers to do the best they can with their income no matter its size. Content rich, personal, and jargon free, the book is opinionated and at times humorous. Full of current everyday references, it is meant to be a quick read which will appeal to the average reader just struggling to make ends meet.

Product Features

• Plan to gain financial solvency

With updated information that reflects the myriad changes in the student loan industry that affect students and their parents burdened with student loan debt, CliffsNotes Graduation Debt, Second Edition provides a step-by-step road map for effectively managing student loan debt and having a successful financial life.

Reyna Gobel has accumulated tens of thousands of dollars in student loans, recovered from student loan default, and set herself on a mission to help others who face a seemingly insurmountable student loan burden, with a powerful message about taking a step-by-step approach and not being overwhelmed by the sheer weight of student loan debt.

Divided into small subsections geared toward those neck-deep in debt, this book is easily digestible to students who aren’t inclined to focus on their finances. Readers are encouraged to take action steps, such as finding long-lost student loans that may have gone into default, discovering payment plans they can afford, consolidating loans when it makes sense to do so, saving money on eating out and groceries, improving credit scores, tweaking their debt-to-income ratios so they can buy a home, and discussing their student loan and non-student loan debt with their significant others.

By the end of the book, readers will be on the road to financial stability, with extra money for vacations and other fun stuff, too.

A new vision of the value of debt in the management of individual and family wealth

In this groundbreaking book, author Tom Anderson argues that, despite the reflex aversion most people have to debt—an aversion that is vociferously preached by most personal finance authors—wealthy individuals and families, as well as their financial advisors, have everything to gain and nothing to lose by learning to think holistically about debt.

Anderson explains why, if strategically deployed, debt can be of enormous long-term benefit in the management of individual and family wealth. More importantly, he schools you in time-tested strategies for using debt to steadily build wealth, to generate tax-efficient retirement income, to provide a reliable source of funds in times of crisis and financial setback, and more.

Takes a “strategic debt” approach to personal wealth management, emphasizing the need to appreciate the value of “indebted strengths” and for acquiring the tools needed to take advantage of those strengthsAddresses how to determine your optimal debt ratio, or your debt “sweet spot”A companion website contains a proprietary tool for calculating your own optimal debt ratio, which enables you to develop a personal wealth balance sheet

Offering a bold new vision of debt as a strategic asset in the management of individual and family wealth, The Value of Debt is an important resource for financial advisors, wealthy families, family offices, and professional investors.