Tag: Debt consolidation

  • Tax Carnival Ecstasy – January 12, 2012

    Welcome to the January 12, 2012 edition of Tax Carnival Ecstasy. In this edition we have Tim @ Faith and Finance looking at When Are 2011 Taxes Due? aka. Tax Deadline in 2012 which happens to be April 17th instead of April 15th. There is also an article on Ways To Take Advantage of 2012 Tax Rules by Robert Moore. And Jill Thompson examines Potential Hazards of Rent-to-Own when you are the seller. Hope you enjoy the articles, bookmark, share, tweet, like on Facebook and come back real soon.

    retirement

    Patrick LaRue presents 4 Ways to Get the Most out of Your Retirement Budget posted at 2010 Tax, saying, “As medical technology advances, society becomes safer and health knowledge becomes more mainstream, the life expectancy of humans tends to increase.”

    Rachel Cleary presents Where to Retire for Less than $1,500 Per Month posted at Senior Care, saying, “As of the first quarter of 2011, the average retiree benefit from Social Security was under $1,200 per month. For retirees with a modest nest egg saved for retirement, drawing on the 4% withdrawal rule to supplement Social Security still does not bring their annual income over $18,000 per year. Unfortunately, finding a place to retire on less than $1,500 a month is not easy, unless a retiree is willing to move. There are numerous cities throughout the United States, and definitely places abroad, where a small budget can still provide a comfortable lifestyle.”

     

    tax law

    Amy Gardner presents How to Improve Your Business Credit posted at Small Business Credit Cards, saying, “There are many different factors other than simply paying your bills on time that will cause your credit to fluctuate.”

     

    taxes

    Tim @ Faith and Finance presents When Are 2011 Taxes Due? Tax Deadline in 2012 posted atFaith and Finance, saying, “Here’s an update on when the 2011 taxes are due. Hint…they’re not due on April 15th.”

    Gavin R. Putland presents How tax causes financial crises and unaffordable housing posted at The world according to GRP, saying, “Here’s a simple theory of financial instability.”

    Robert Moore presents Ways To Take Advantage of 2012 Tax Rules posted at 2011 Taxes – Free Tax Filing Options, saying, “Its almost tax time again this year, a frightening period for many people. How can you make the most out of your tax return this year?”

    Beth Montgomery presents History of Credit Cards posted at Credit Cards for Fair Credit, saying, “When credit cards started, in the early 1900s, the cards were issued by individual stores or gas stations.The cards were designed and issued to create brand loyalty and encourage customers to return based on the convenience of having established credit at the merchant.”

    Rachel presents Tax Return Tips | taxreport.info posted at taxreport.info.

     

    tips

    Judy Blackburn presents Build Your Credit and Be a Full-Time Student posted at Debt Consolidation, saying, “Everyone wants to be successful, and for many people, graduating with a college degree is a big step towards that goal.”

    Steve Smith presents Forex Trading For Beginners posted at Forex Trading System Central, saying, “Forex trading seems a complicated affair and most of us put our money in the bank and hope that our money magically grows.”

    Jill Thompson presents Potential Hazards of Rent-to-Own (Seller) posted at How Does Rent To Own Work?, saying, “There are potentially serious consequences for engaging in one of these arrangements without fulling understanding the law governing them.”

    CreditShout Kevin presents Understanding Statute of Limitations on Debts posted at Credit Repair Guide.

    Melissa Rothstein presents Why Are Legal Fees So High posted at Best Online Colleges.com, saying, “In the United States, it is considered illegal to practice law without having the proper license. The laws governing what constitutes the practice of law, and thus what requires a license, varies by state. While the laws may vary, it is generally understood that practicing law involves one individual representing another in a legal matter, with some form of compensation exchanged.”

    That concludes this edition. Submit your blog article to the next edition of tax carnival ecstasy using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

     

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  • 3 Ways in which you can accelerate debt reduction

    If you are under severe debts and do not know what to do, then you should understand that debt reduction should be your primary focus. This is because debt reduction can help you reduce stress and levels and leaves you with more cash that you can save or utilize in investments to make money.

    Some of the ways in which you can reduce your debts and also make sure that you save are as follows.

    1. Plan a budget to manage finances: It is most essential for you to formulate a budget that you can use by which you can assess your financial condition. The budget that you formulate should list all your expenses and also your monthly income. It should have categories to tell you how much you spend and where you spend it. This helps you in getting a clear picture of your finances and also makes you aware about where you are spending and how much you are spending. You must also make provisions in your budget so that you can save a certain amount every month. You must subtract the total expenses from the total income and the amount that you get is to be used to pay off your debts. If you feel that this amount is not sufficient, then you must try to reduce your expenses or increase your income. The budget keeps you motivated and helps in debt reduction as well as savings.
    2. Do not spend on what you do not need: It is important for you to know that when you are paying off your debts you are to try and spend as less as possible. This is to be done so that you can save enough to pay off your debts. Every month make a list of the things that you really need and buy only those things. Things that you desire but do not need must be avoided. The best way to refrain yourself form making such purchases is to wait. If you want to buy something that is very expensive wait for a few days to make the purchase. You will gradually realize that the desire to possess it has left you. This will save you a lot of money and you will be able to pay off your debts with ease. After you have finished paying your debts, if you still practice this, you will have enough left for investing and making money.
    3. Do not add up more debt: You should try not to add more debt to your existing debt. This is because when you are already paying off debts then it is best that you do not take on new debts. If you take on new debts, then you will have to pay a certain amount of money towards it. This will lead to a shortfall in the amount that you have to pay off towards your current debts. In order to avoid that and accelerate debt reduction you must not take on further debt. This will also help you save and make more money in future.

    These are a few ways in which you can tread the path of debt reduction and opt for a new way life where you have enough to save and enough to invest.

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