Welcome to Quizzle’s Top Money Tips Roundup, where you’ll find this week’s top five most interesting, helpful and unique personal finance articles from around the Web. This week’s edition covers debt management – how to get out of debt, how to break the debt-cycle, how to avoid getting into debt in the first place and how to wrap up your year financially.
Reader Story: My Debt-Free Marriage (Get Rich Slowly)
If only more Americans dedicated themselves to becoming debt-free like Mike did in this story, our economy might be in a totally different and much-improved place. Lesson for this week’s roundup: be like Mike. Make something you really want the goal and tell yourself you can’t do or buy that something until you’re debt-free. That finishing-l
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What happens when a two-career couple becomes a one-income household?
Some downsize willingly — to stay home with a baby, to go back to school, to start a business. That was the case for Jaime and Matt Tardy, ages 28 and 29, who live near Auburn, Maine.Jaime deeply disliked the 60-hour workweeks and frequent travel required by her job in the cable TV industry. She rarely saw her husband, and she wanted to work with people rather than with technology. Jaime wanted to change careers, but first she wanted to have a baby and stay home at least one year.
Matt, a comedian, supported her goals. But Jaime’s $100,000 salary represented more than two-thirds of their income — and it was a steady paycheck. Matt earned $30,000 to $40,000 per year but could go through an entire winter without a paying gig.
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For the insolvents the bankruptcy is a preliminary step in embarking on the journey to reclaim their credit status. After entering bankruptcy the situation and the process of revamping changes entirely. Needless to say that bankrupts find it difficult to find lenders and creditors so following the steps mentioned here may help in making the process easier.
Hence it’s necessary to follow the below mention steps to make life affordable and easier. To check all the credit recordsThe credit bureau agencies acquire and compile information on debtor’s credit and payment history.
These are gathered by the agencies of credit. Surprisingly, in spite of the significance of the report there have been evidence of huge errors in more than three quarters of the reports as has been mentioned in the latest surveys. And Read more…
With investors backing away from the euro, the Canadian dollar is one of the currencies seeing the most gain and has advanced to a two- month high versus the euro. The loonie rose 0.7 percent to C$1.3431 per euro at 8:14 a.m. in New York, from C$1.3523 on Nov. 26 and traded at C$1.0205 per U.S. dollar after advancing earlier today to C$1.0148.
“Europe is a very key focus in the market right now,” said Blake Jespersen, director of foreign exchange at Bank of Montreal in Toronto. “The Canadian dollar has done very well in the last few weeks against the euro.”
Did you know that Canadian stock markets tend to rally over the American Thanksgiving? Since the NYSE and NASDAQ exchanges shut down, but the TSX and venture markets remain open north of the border, lower volume levels mean it’s easier to produce a rally on Toronto markets.
Seasonal traders like Brooke Thackray and Don Vialoux tend to recommend the U.S. T
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