The Personal Financier – A Personal Finance Blog Personal Finance Blog

Consumers usually engage a debt management plan for their financial circumstances. Sometimes you get into a serious situation where you are incurring a lot of debt and are diving down financially. You begin worrying about what the future brings, and you become stressful to the point of refusing to answer your phone calls because of [...]

I would like to put “Easy” in the title of this post, but then I think we would be fooling ourselves.  The steps themselves are easy, but they are difficult to follow through on.  It will take determination, and a lot of sacrafice, to see all those credit card balances go to zero.  There is [...]

Most Americans have some debt. We can’t pay cash for our homes or our children’s education. That’s not so bad. What’s bad is that many of us let debt get out of hand. Under the best circumstances, your total monthly debt payments should not go beyond 36 percent of your gross monthly income. This includes [...]

Considering a Debt Managing Program can help reduce credit card payments along with other debt.  Basically, Debt Managers will do a couple things for you… Negotiate a new, LOWER interest rate with the credit card companies. Try to eliminate late fees. Combine all of your debt into one, easy payment to the Debt Manager instead [...]

It is essential that you try and come out of debts if your debts are continually rising. This is important as after debt reduction not only your financial life but also your family and social life, improves. One of the most important ways in which you can proceed towards debt reduction is by planning a [...]

Guest post written by Martha Jackson. This is not that debts are grown-up things. You can include the whole family in your debt solutions. Just try to tell your kids and family about the debt problems you’re facing so that they can help you with the financial problems. You can also go for debt consolidation [...]

Welcome to the May 16, 2009 edition of the Carnival of Financial Planning. Today I’m having the pleasure of hosting the Carnival of Financial Planning on The Personal Financier. The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable ...

How long could you last on $1,100? A recent survey by the Yorkshire Building Society reported by the Daily Mail indicates 36% of British citizens could survive financially for only 11 days should a personal crisis occur such as losing a job or getting too ill to work. Researchers examined income and expenditure patterns among [...]