Debt is a disease that affects almost everyone.  The good news about it is you can manage it.  Here’s how:
1. A credit card is a convenient access to debt.  Although you could easily purchase or borrow money through it, the effects can be staggering.  When you have one, make sure that you are the master of the credit card and not otherwise.  You know what I mean.
2. In paying your debts, make sure to prioritize the one that has the highest interest charge.     
3. Pay in cash.  Avoid debt as you would a plague.  If you really have to incur debt, be sure that …read more

I’ve read Steve Pavlina’s good and lengthy post about money. It attempts to answer the following questions regarding making money:
How important is money?  How much is enough?  Is money a distraction from one’s spiritual path?  Is it a necessary evil?  Is it unfair that some people have more money than others?  Is poverty more noble than wealth?  Is it possible to become an enlightened millionaire?
As to my own idea of making money consciously, honestly, if greed gets in the way I don’t think one will ever be able to make money work for what it should – be a means of comfort. Discontentment is …read more

Do you have two or more debts that are two or more months overdue? Do you have zero savings and zero opportunity of retiring in comfort? Here are four steps to taking back control of your finances.
• Take the plunge. Find out once and for all how much trouble you’re really in. Make a list of all the persons and companies you owe money, and the specific amounts you owe. Once you find out how much you owe everyone, you can start planning how to pay them back. Also, make a list of all your expenses for a week or …read more

If one would like to reap a degree from a reputable university without drowning in debt, how does he deal?
Usual tips on how to save while trying to earn that diploma include scrimping on keg parties and even earn some extra moolah from them, borrowing, buying used or swapping books instead of buying new ones, and riding a bike to school instead of a car (ok, scratch that tip, I just might have been watching too many Korean soap operas).
According to reports, UK students accumulate an average debt of 11,345 pounds at graduation. So, what are the options to avoid …read more

Being unemployed is such a bad status. Being unemployed and broke is worse! Just before you run out of funds for the bills after getting that lay-off, here are some ways you can save your savings and your face while undergoing the in-between employment phase that you hate the most.
1. Cut it out with some unnecessary expenditures.
If you still spend the same amount of money you spend when you still have your 9 to 5, chances are you will blow away your savings in no time. Minus gas expenses, parking fees and frequent lunch outs, you should be doing just …read more

Here are some tips on how to not bring up a spoiled brat, straight from the child rearing secret bags of the most powerful women in the world:
1. Require them to spend, save, and give.
One of the interviewed women leaders emphasized the importance of making kids learn that they can’t spend all of their allowances. One trick is to get the child to choose a charity he can contribute to. Another tested way to ingrain the value of being able to save is to match every 2 dollars spent with 1 dollar worth of savings.
2. Make them make informed financial …read more