Here we are heading towards the holiday season and people are starting to plan out their shopping a bit early this year due to the economic conditions. But before one starts building up more credit card debts, one should look to where they are and if they need to , reduce any credit card debt they already have.
Reduce credit card debt and eliminate it before it assumes a horrifying shape. This is really the gist of the story. So, how do you reduce credit card debt? Well, you reduce credit card debt by preventing it from increasing and by paying off what it is currently. Simple, isn't it?
Not really. If it was that simple to reduce credit card debt, then we wouldn't have had so many people with credit card debt related problems. We would have been able to reduce credit card debt problems and finally eliminate them (or reduce them significantly). There are all kinds of advice available on how to reduce credit card debt, but still nothing much seems to change. The problem still seems to persist and in fact, worsen. However, it's not that difficult to reduce credit card debt. As we just said, there is a lot of advice available on how to reduce credit card debt and the only thing you need to do is put that advice, on how to reduce credit card debt, to practice in real life. Well, no one but you will benefit if you reduce credit card debt.
So the first step to reduce credit card debt is to prevent it from taking dangerous proportions. The 2 most important ways of implementing this step are; balance transfers and use of cash.
Balance transfer is often treated as the number one measure to reduce credit card debt. This is really something that can help reduce credit card debt by slowing down the pace at which your credit card debt is getting built. It also provides you relief in terms of the APR being 0% for initial 6-9 months (and hence helps reduce credit card debt faster). To reduce credit card debt using this mechanism, you need to transfer your balance from your current credit card(s) onto another credit card that has a lower APR than your current card. Thus you reduce credit card debt by preventing it from increasing so rapidly.
The other preventive measure to reduce credit card debt is to use cash instead of card (as such, hard earned cash is difficult to get out of pocket as compared to just a credit card). So you reduce credit card debt by not adding more to it. That is the simplest way to reduce credit card debt.
However, you can reduce credit card debt only if you stick to your resolution to reduce credit card debt; otherwise it will fail miserably.
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
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Thursday, September 30, 2010
Tuesday, September 21, 2010
Claiming State Held Missing Money that Belongs to You
According to Missingmoney.com, within the United States alone, billions of dollars of unclaimed missing money is collecting dust in state Abandoned Property offices. If extrapolated to include the funds held world wide by similar organizations in other countries, the sum of unclaimed missing money could exceed $500 billion dollars. Hmmmm, that's almost enough to bail the economic community out of its current financial debacle.
Every day, for various reasons, People move away and do not update their address, they lose track of some of their investments, they die without a will, and who knows why else...but, they leave money in banks, in utility accounts, security deposits, and many number of other ways. Some of these monetary items end up in the state's possessions after they are declared abandoned by the organization or financial institution that held them. These forgotten bank accounts, un-cashed stock dividends, insurance payments, safe deposit box contents, utility deposits, travelers checks, money orders and other financial instruments are turned over to the state's Treasurer's Escheats, Comptroller's, or Revenue office who then try to track down the owners and return the money.
By the amount of unclaimed and missing money on record, it appears these state offices are under staffed and not very successful in locating the owner's of the missing money. All 50 states have a Department of Revenue and Unclaimed Property or some similarly named division. This is the office responsible for maintaining the missing money and processing claims for it. Some states have limitations on how long they keep abandoned property before turning it over to state coffers; however they most keep it indefinitely. Some states even pay interest on the money if the property was originally an interest bearing instrument. You must check with your individual state and find out what their procedures are.
If you think you may have missing money held by your state, your first step is to contact the correct state agency to find out whether your name, or in the case it is the estate of a deceased individual, their name is on the list. Each state maintains a publicly available list of abandoned property holdings. If you or the person you represent is on the list your next step is to file a claim and return the form with the required identification or proof of ownership. Requirements for proving ownership vary from state to state, based on the amount of the claim and other factors. Acceptable identification many include copies of driver's licenses, receipts, social security cards and numbers, bank account numbers, savings passbooks, checking account and bank statements, or other notarized documents.
It has been speculated that ten percent of the U.S. population is owned money from abandoned property and missing money coffers. The state departments do not have the resources to investigate every case; therefore much of it goes unclaimed. There are professional finders, or heir searchers who locate the owners of missing money and charge a fee or commission in exchange. Professional finder's of missing money generally limit their activity to large estate findings. Be careful if you enlist a professional service to locate your potential missing money.
There are billions of dollars in unclaimed property and missing money sitting in your state coffers. There is a good chance that some of it belongs to you. You, your neighbors, relatives, co-workers, friend, and many many others have an interest in what happens to all of this missing money. Are you going to stake your claim or be a loser because you failed to take advantage of the services that your state offers? Are you going to claim your missing money?
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Need to find missing money? Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
http://www.renspubhouse.netii.net/finance.html
******************************************************************
Every day, for various reasons, People move away and do not update their address, they lose track of some of their investments, they die without a will, and who knows why else...but, they leave money in banks, in utility accounts, security deposits, and many number of other ways. Some of these monetary items end up in the state's possessions after they are declared abandoned by the organization or financial institution that held them. These forgotten bank accounts, un-cashed stock dividends, insurance payments, safe deposit box contents, utility deposits, travelers checks, money orders and other financial instruments are turned over to the state's Treasurer's Escheats, Comptroller's, or Revenue office who then try to track down the owners and return the money.
By the amount of unclaimed and missing money on record, it appears these state offices are under staffed and not very successful in locating the owner's of the missing money. All 50 states have a Department of Revenue and Unclaimed Property or some similarly named division. This is the office responsible for maintaining the missing money and processing claims for it. Some states have limitations on how long they keep abandoned property before turning it over to state coffers; however they most keep it indefinitely. Some states even pay interest on the money if the property was originally an interest bearing instrument. You must check with your individual state and find out what their procedures are.
If you think you may have missing money held by your state, your first step is to contact the correct state agency to find out whether your name, or in the case it is the estate of a deceased individual, their name is on the list. Each state maintains a publicly available list of abandoned property holdings. If you or the person you represent is on the list your next step is to file a claim and return the form with the required identification or proof of ownership. Requirements for proving ownership vary from state to state, based on the amount of the claim and other factors. Acceptable identification many include copies of driver's licenses, receipts, social security cards and numbers, bank account numbers, savings passbooks, checking account and bank statements, or other notarized documents.
It has been speculated that ten percent of the U.S. population is owned money from abandoned property and missing money coffers. The state departments do not have the resources to investigate every case; therefore much of it goes unclaimed. There are professional finders, or heir searchers who locate the owners of missing money and charge a fee or commission in exchange. Professional finder's of missing money generally limit their activity to large estate findings. Be careful if you enlist a professional service to locate your potential missing money.
There are billions of dollars in unclaimed property and missing money sitting in your state coffers. There is a good chance that some of it belongs to you. You, your neighbors, relatives, co-workers, friend, and many many others have an interest in what happens to all of this missing money. Are you going to stake your claim or be a loser because you failed to take advantage of the services that your state offers? Are you going to claim your missing money?
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Need to find missing money? Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
http://www.renspubhouse.netii.net/finance.html
******************************************************************
Tuesday, September 14, 2010
Investing Basics – Determining Your Investment Goals
The stock market is starting to turn to the positive after being down for the last year and a half. That means it is time to start thinking about getting back in and getting your fortune abck on track. Bit before you start investing, or reinvesting, you need to ask yourself the most important question:
What are my investing goals?
When it comes to investing, many first time investors want to jump right in with both feet. Unfortunately, very few of those investors are successful. Investing in anything requires some degree of skill. It is important to remember that few investments are a sure thing – there is the risk of losing your money!
Before you jump right in, it is better to not only find out more about investing and how it all works, but also to determine what your goals are. What do you hope to achieve with your investments? Will you be funding a college education? Buying a home? Retiring? Before you invest a single penny, really think about what you hope to achieve with that investment. Knowing what your goal is will help you make smarter investment decisions along the way!
Too often, people invest money with dreams of becoming rich overnight. This is possible – but it is also rare. It is usually a very bad idea to start investing with hopes of becoming rich overnight. It is safer to invest your money in such a way that it will grow slowly over time, and be used for retirement or a child’s education. However, if your investment goal is to get rich quick, you should learn as much about high-yield, short term investing as you possibly can before you invest.
You should strongly consider talking to a financial planner before making any investments. Your financial planner can help you determine what type of investing you must do to reach the financial goals that you have set. He or she can give you realistic information as to what kind of returns you can expect and how long it will take to reach your specific goals.
Again, remember that investing requires more than calling a broker and telling them that you want to buy stocks or bonds. It takes a certain amount of research and knowledge about the market if you hope to invest successfully.
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
http://www.renspubhouse.netii.net/finance.html
******************************************************************
What are my investing goals?
When it comes to investing, many first time investors want to jump right in with both feet. Unfortunately, very few of those investors are successful. Investing in anything requires some degree of skill. It is important to remember that few investments are a sure thing – there is the risk of losing your money!
Before you jump right in, it is better to not only find out more about investing and how it all works, but also to determine what your goals are. What do you hope to achieve with your investments? Will you be funding a college education? Buying a home? Retiring? Before you invest a single penny, really think about what you hope to achieve with that investment. Knowing what your goal is will help you make smarter investment decisions along the way!
Too often, people invest money with dreams of becoming rich overnight. This is possible – but it is also rare. It is usually a very bad idea to start investing with hopes of becoming rich overnight. It is safer to invest your money in such a way that it will grow slowly over time, and be used for retirement or a child’s education. However, if your investment goal is to get rich quick, you should learn as much about high-yield, short term investing as you possibly can before you invest.
You should strongly consider talking to a financial planner before making any investments. Your financial planner can help you determine what type of investing you must do to reach the financial goals that you have set. He or she can give you realistic information as to what kind of returns you can expect and how long it will take to reach your specific goals.
Again, remember that investing requires more than calling a broker and telling them that you want to buy stocks or bonds. It takes a certain amount of research and knowledge about the market if you hope to invest successfully.
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
http://www.renspubhouse.netii.net/finance.html
******************************************************************
Tuesday, September 7, 2010
Get Started With Online Trading
After a turbulent year, the Stock Market is getting back on track and moving in the right direction again. So more people are starting to inch their way back into the market and most are deciding to use an online broker and do their investing over the Internet.
Now we all know that the the Internet has brought about many changes in the way that we conduct our lives and our personal business. We can pay our bills online, shop online, bank online, and even date online!
We can even buy and sell stocks online. Traders love having the ability to look at their accounts whenever they want to, and brokers like having the ability to take orders over the Internet, as opposed to the telephone.
Most brokers and brokerage houses now offer online trading to their clients. Another great thing about trading online is that fees and commissions are often lower. While online trading is great, there are some drawbacks.
If you are new to investing, having the ability to actually speak with a broker can be quite beneficial. If you aren't stock market savvy, online trading may be a dangerous thing for you. If this is the case, make sure that you learn as much as you can about trading stocks before you start trading online.
Even with a good smartphone and the right apps, you should also be aware that you can't always have a computer, or other device with the available access attached to you. You won't always have the ability to get online to make a trade. You need to be sure that you can call and speak with a broker if this is the case, using the online broker. This is true whether you are an advanced trader or a beginner.
It is also a good idea to go with an online brokerage company that has been around for a while. You won't find one that has been in business for fifty years of course, but you can find a company that has been in business that long and now offers online trading.
Again, online trading is a beautiful thing , but it isn't for everyone. Think carefully before you decide to do your trading online, and make sure that you really know what you are doing!
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
http://www.renspubhouse.netii.net/finance.html
******************************************************************
Now we all know that the the Internet has brought about many changes in the way that we conduct our lives and our personal business. We can pay our bills online, shop online, bank online, and even date online!
We can even buy and sell stocks online. Traders love having the ability to look at their accounts whenever they want to, and brokers like having the ability to take orders over the Internet, as opposed to the telephone.
Most brokers and brokerage houses now offer online trading to their clients. Another great thing about trading online is that fees and commissions are often lower. While online trading is great, there are some drawbacks.
If you are new to investing, having the ability to actually speak with a broker can be quite beneficial. If you aren't stock market savvy, online trading may be a dangerous thing for you. If this is the case, make sure that you learn as much as you can about trading stocks before you start trading online.
Even with a good smartphone and the right apps, you should also be aware that you can't always have a computer, or other device with the available access attached to you. You won't always have the ability to get online to make a trade. You need to be sure that you can call and speak with a broker if this is the case, using the online broker. This is true whether you are an advanced trader or a beginner.
It is also a good idea to go with an online brokerage company that has been around for a while. You won't find one that has been in business for fifty years of course, but you can find a company that has been in business that long and now offers online trading.
Again, online trading is a beautiful thing , but it isn't for everyone. Think carefully before you decide to do your trading online, and make sure that you really know what you are doing!
Come back next time for more tips. Tricks and techniques to assist you in Living the Champagne Life on a Beer Budget. Remember we're all in this together and I'm pulling for you.
Mahalo.
******************************************************************
Must Have Finance Tools and Resources
Want to save money while learning how to save money? Well Order the Budget Mega Pack and receive two valuable bonus ebooks for your collection. Hey, you earned it, why not keep it?
For more info and to Order Today so you can save On These Valuable Resources
http://www.renspubhouse.netii.net/finance.html
******************************************************************
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