Young Adults And Money: Sheer Insanity

A while back I was chatting with a student who I had participated in high-school debate with quite some time ago, and I asked the student where she was going to college. She mentioned off the name of a top ten school that was very expensive. She proceeded to tell me that she was going into social work. I asked her how she was going to pay for all of that, and she said she took out student loans and will probably end up with over $100,000 in debt when…

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The Real Reasons to Avoid Bankruptcy

It is not hard to imagine why so many people consider bankruptcy as their first option when they find themselves in deep financial trouble. Harassing phone calls, and threatening letters can cause a great deal of stress. Add in threats of repossessions and wage garnishments, and some may think there is no way out except for filing for bankruptcy. It is indeed the worst phase of life when you fall prey to bankruptcy and you have only yourself to blame for when your credit history has been tarnished and it…

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Campaign To Reform Student Loans Urges Senators To Support The Nelson-Burr Amendment

The Campaign for Student Loan Reform is calling upon Senators to support the bipartisan amendment proposed by Senator Ben Nelson (D-NE) and Senator Richard Burr (R-NC) to the budget reconciliation bill (S. 1762). They state that this amendment would make sure that families will not have to pay more for higher education and also would make the necessary resources available for the Government to be able to fund increases in Pell Grants and also make sure that the lenders would have the ability to continue to provide the current discounts…

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Car Dealer Loans Are A Bad Idea Or Not!! Check The Takeaways

Financing your new or existing owner of the vehicle by a dealer is never as great an agreement as they would have you believe. Retailers who sell the idea of comfort by offering a complete experience of buying a car. They help clients choose a vehicle, helping to fund and offer an extended warranty protection. But in reality, retailers earn more on the financing and the guarantee of protection as profits from the sale of the vehicle. The whole process of buying a car is designed to generate profits for…

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Personal Finance: How To Develop A Responsible Approach To Money

Is your opinion of money “easy come, easy go?” This is the fast track to a life of poverty or just getting by. A view that money is for recreation and fun creates an environment that militates against saving, investing, and preparing for the future. It is important to develop a responsible approach to money in order for you and your family to have financial security over the long run. In order to do so, it is important to devise ways to cut down expenses which will save you in…

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