Could Pennies Really Add Up?

Repeat a million times and you’ll have $10 000

Property & personal loansIf you have used your home to secure personal loans or have a mortgage, your home is used as collateral. If you cannot pay your loans, your home can be legally repossessed or placed into foreclosure by the lender. The lender Solidcashsolutions can then legally sell your home and evict you in order to recoup the money you owe on the loan. If you have fallen three months behind on your mortgage in most states, the foreclosure process can begin. If you are facing foreclosure, however, there are several things you can do:

Act quickly
Work with the lender to establish a new repayment schedule if you can and try to give your lender advance notice if you will be late on your mortgage payment. Your lender will often be willing to work with you to help you, since the foreclosure process is costly and annoying to the lender as well. Ignoring foreclosure only increases the odds that you will lose your home.

If your mortgage is no longer affordable, try to modify your mortgage or refinance it to make it more affordable. You will have an easier time doing this if you have good credit and equity in your home.

Find a way to save your home
If you cannot refinance and cannot afford your mortgage, you may need to find an alternative way to save your home. You may need to work with an investor, who can purchase some of the equity in your home. Or, you may need to take in a lodger or tenant to earn extra income to pay your mortgage. You may also want to sell other assets in order to save your home.

Credit rating
If you cannot save your home, save your credit rating. Saving your credit rating means that you can at least buy another home. If you cannot save your home, consider selling it before the foreclosure date if you have some equity in the property. Use the proceeds to purchase a smaller home or start over with renting.…

If you are in a relationship, you will eventually disagree with your significant other over money. Maybe one of you will get a payday cash loan which the other feels is unnecessary. Maybe you don’t agree over how personal loans or credit cards should be divided up. Whatever the disagreement, you will need to resolve the issue. Here’s how to disagree about money without making the argument relationship-ending: 1.Set up your finances to win. If you and your significant other do not often agree about money or spending habits, consider keeping as much of your finances separate as possible. Separate accounts will minimize the number of arguments you have. 2.If you disagree, focus on finding solutions together. If you need to get out of debt, don’t start your discussion about the debt by accusing the other person of overspending. Instead, focus on what can be done now to resolve the problem. 3.Bring up problems right away, but gently. If there is an issue, work to clear the air at once. Don’t let resentment and anger build. Make sure to speak gently, as well. Don’t accuse your significant other about their habits. Focus on what bothers you and work together to find a solution.…

Huge money wastersSome things just don’t belong in your budget. These money wasters can eat up a lot of your paycheck, can make you reliant on payday cash advances, and can make it hard for you to get financially healthy:
-Cigarettes are not useful, they cost a lot of money, and in most places, they come complete with a hefty sales tax. Cigarettes are also terrible for your health and can increase your dental costs, health insurance costs, life insurance costs, and future medical costs. These are one of the most expensive items on your budget for this reason.
-Gambling can easily become an addiction and it is very easy to gamble away more than you intend to. Many people gamble because they think they will eventually win back their money, but this is an illusion. The chances of you earning back your losses are very, very tiny. Many people become dependent on personal loans and payday loans to feed a gambling addiction.
-Psychic services, party lines, and other paid entertainment services add very little to your life but they can be very costly. Many of these services charge a hefty per-text message or per-minute phone charge which can quickly add up.
-Any sort of convenience food – from take out to shredded cheese to peeled garlic to chopped celery – costs more than the simpler product. Avoid paying more by looking for simple foods. Buy foods at your grocery store or farmer’s market and prepare it yourself.…