Dear Mrs. Riches: I'm nearing 40, so you'd think I would have gotten my financial life in order by now. But alas, I haven't. I have virtually no system for keeping track of my bills, and avoidance is my most-used money management strategy. I don't even want to think about how much I pay in late fees, much less lost opportunity costs. I need some suggestions for how I can finally get myself on track, on a budget, and better organized. (By the way, please don't tell me to use money management software; I have tried a couple of programs and I can't get them to work.) Can you help by providing some good, practical suggestions? -- Fiscally Unfit
You can't avoid the headlines when the Federal Reserve peers into its proverbial teacup to divine evidence of recession, inflation, or other economic woes. But here's something you might have missed: Those same sage economists want you to understand your credit card better and avoid some costly mistakes.
A few months ago, investing guru Ken Fisher wrote that while a little debt may be good for us, a lot more of it can be great. According to the basic tenets of his new book, The Only Three Questions That Count, he thinks we should forget about our lack of savings discipline so that we can mortgage ourselves a lot more than we do.
The next thing after buying a home and funding your children's education, buying a car is what you'll think of. So, let me make you familiar with the ABC of car purchase and loans.
You should know your limits and what you should be spending before looking for a new car.
Everyone dreams to have his own house. When you buy a house, the first thing you need to think of is how much to spend. It is a bit difficult and confusing to resolve this matter and may take time. Below are six points that will help you decide how much to spend. Three of them are related to mortgages and the other three are related to personal considerations.
Student loans are offered to assist in payment of the costs of professional education. These loans usually carry lower interests than other loans and usually are issued by the government.
In India, these loans are mostly available from nationalized banks. Some of the information is provided below:
