Archive for August, 2007
Aug
14
Posted under Uncategorized
Tomorrow is payday. This means it will be time to take my paycheck and see how far I can stretch it. I will be glad when this time next month comes around, because I should be current on everything. My mistake that I referred to in an earlier post will be resolved and I should have less collection calls after tomorrow. I will pay the most critical things and slowly get the rest closer to being current. It is a good feeling, but I still have some apprehensions. I will not have any money, but I will feel more financially secure. I have a few other ideas for making money. It just a matter of finding the time to try them out.
Tags: collections, financially secure, living debt free, making money
Aug
12
Posted under Uncategorized
Something that I did to try to keep my head above water financially came to ahead last Friday. Now I have to try to figure out how to handle it. Tomorrow I have to talk with my boss about it and hope that there are no major consequences as a result. I am glad to have this out in the open. No more secrets. You are not able to move forward when you have secrets. Your secrets will hold you back and keep you stuck. I have figured out how I am going to handle the situation. It is what they will do that kind of scares me. They probably will not do anything, except warn me, since I have a resolution. But that is only a guess and it could be wrong. My husband has done a lot to help me get my head above water. I feel in about a month we will have everything current and then it will be a matter of developing a plan to payoff our credit card debt. Once everything is current, I think an emergency fund will be the next matter at hand. But I have learned it is best to take one thing at a time. The first thing that needs done is to bring things current.
Tags: financial mistakes, personal finance, debt relief, debt solutions, debt problems
Aug
09
Posted under Uncategorized
I have been against subprime lending for a long time and today’s stock market activity is just further proof of why subprime lending is not a good idea. I think upcoming months are going to produce some drastic changes in the way credit is issued. I believe financial institutions will be tightening their lending restrictions. Today’s market drop of 387 points is an indication that something needs to change. This is the result of a French bank suspending trading in hedge funds based on American mortgages. The many creative mortgage types that are available today will mostly likely lead to trouble for a lot of people as their payments increase from the low payments they were afforded in the early years of the loan. If you can’t afford to pay it now, what makes you think you can pay for it later. If you have the money invested and are expecting a return, that is one thing, but if you think you will have a better job or be making more money, things may not work out the way you expect. Before you borrow money, make sure you consider your decision carefully.
Tags: subprime lending, subprime lenders, mortgage companies, mortgage restrictions, subrime mortgages
The photo and the text can be changed by modifying the about.php file.Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
