Relationships and Our Finances - Why New Couples Fight and Solutions to Solve

It is common for new couples to fight over money. In fact, research has proved that one of the most common sources of misunderstanding among couples stems from financial problems. There is no such thing as easy money. Individuals work hard to earn enough for their daily expenses, to pay out bills and to survive day to day living. Before tying the knot or moving in with your partner, it is important that couples understand some of the reasons why partners may come to fight over finance and more importantly why budgeting needs to become an essential part of the relationship. 

Spending too much. In every couple, one will always spend more than the other. Stereotypically it's the women. However, there are also men who love to splurge on cars, tools, sports and so on. The difference is, one wants to spend this much and the other doesn't. Now of course neither want to compromise their wants or needs. This can quickly cause an argument. So before settling down, couples should be ready to make major adjustments with their spending. Both need to realise that in marriage compromise is a must, especially when there are more important bills to pay like the mortgage, car, and possibly even baby preparations. 

Credit Card Bills. Credit card bills can sometimes seem like the end of the world in a relationship. Avoid them all together and use cash instead. Fights are generally a given when a credit card bill arrives. That whopping figure - the night when the husband took his friends out for rounds of drinks, the new kitchen appliances she bought, the new suit, a collector's toy, etc. They all add up and it can be very hard to work out who purchased what and when at the end of every month. New couples tend to think that just because they are married, the better half will tolerate the shopping splurges and shouted rounds of drinks at the bar. But this is not the case and more often than not, they end up fighting. So avoid the fight all together and pay in cash instead that way you will avoid the monthly credit card bill you both dread. 

The other option is to have your own credit cards and agree collectively how to align on spending and making payments, outside of a joint card for household bills and expenses.

Envy. Money and Envy tend to go hand in hand and when your married this situation can be even more intense. Some couples get jealous when they find out that their neighbour has just bought a new luxury car. They feel that they need to have one or else, their marriage won't be as good as the neighbours. So they order one out of impulse. The results are destructive. Shopping for luxury items on an impulse can result to financial turmoil. This ruins a couple's chance to enjoy a wonderful future. They end up paying for something that they do not really need. Throwing away money they could have used the to save up for their kids' education or a magnificent holiday getaway to rekindle the love. 

Conjugal debt. Some couples fail to discuss individual debts before settling down. These could be student loans, car loans, etc. When the issues arise, whether it be early or later in the relationship expect a major argument among couples. This stems solely from a lack of communication. So it is essential that couples, even before they are married, learn that open communication amongst each other is the sole key to a happy long lasting relationship. 

It is very important for couples to discuss their individual financial statuses before they get into living together/married. People work hard for their money, and with every couple one will always work harder than the other, the same way that one will always be a bigger spender than the other. But there's no such thing as easy money or an easy marriage/relationship. So to avoid heated discussions and arguments over finances, couples are advised to lay their cards on the table before tying the knot. Going into a joint spousal relationship unaware of circumstances, confused or scared to communicate is a recipe for disaster. 

Romance and Our Finances

For perhaps as long as love has been a part of human society, currency or trade have also played their parts; the two often cross paths, for better or worse and make for an interesting look at two of the most highly sought after fundamentals of our world. 

Buying love with money: Phrasing the idea in such blunt terms is often a little off putting for many individuals who believe that love isn't for sale. A gift given from person to another is not always the result of great expense, or in some cases any monetary expense at all, however in a world where the phrase time is money exists how can one eliminate the idea that a certain amount of affection or approval has just been, for all intents and purposes, purchased? It can be difficult to determine a person's feelings for another where money is involved. Most people would agree that gifts are a healthy expression of individuals' feelings, but would at the same time be offended by the idea that love can be purchased for the right price. If we look back not too many years ago, at a world where women in particular, though not exclusively, found that without the aid of a husband or relative they were nearly unable to support themselves it is easy to understand how such feelings could indeed be purchased. 

Considering the level of poverty so many people shared, the idea that a person could break free from such living conditions through the generosity (or sometimes just lust,) of another person would have extreme and lasting emotional consequences. In many cases, a prosperous marriage meant not only that a woman would never go hungry again, but that her family would also be provided for. While in some of these examples real love may have originated without the involvement of wealth; many of them were simply a trade, beautiful daughter or son, in exchange for financial security. In some cases this would be referred to as lust not love, but for many people the overwhelming sense of desire can easily be perceived as just such an emotion. Where some of these relationships may have begun with a pretty face or attractive body, the desire to take care of and provide for an individual suggests feelings that run a little deeper than pure desire. Though the idea may not be particularly appealing to many, it does beg the question: can love be bought? 

Lust for sale? Amoral to some and illegal in many places the concept of buying a little physical action from a person for a set price is one of the oldest topics of debate throughout the world. Whether you believe it wrong or right, or simply don't think about it, purchasing desire has been widely available in every country throughout the world as far back as any records can show. While lust does not share many of the same feelings with love it has certain powerful qualities that have driven many men and women to reach deep into their pocket books. In this case the person making the purchase is unlikely to invoke feelings of love from the person they are paying, but is it possible that some emotional attachment, some facsimile of love will come with it? Though it might be in many ways false love, the illusion can be extremely convincing. This is example of just how convincing can be seen in the well known gold digger, though perhaps not a very flattering term to use the concept is quite accurate: a person who marries are aligns themselves with another person who has the means to care for them, in many cases more than care for, providing substantial wealth. 

Though some might say there is a difference between a prostitute and a person who marries for money, it can be difficult to know where the line is drawn. On the other hand, a person who is attracted to another, at least in part, because that person could provide a comfortable, even lavish lifestyle, can hardly be blamed for finding the prospect appealing. Is it wrong to be attracted to a person for their money? Is it wrong to use your wealth in an attempt to attract others? These questions are ages old and yet still without definite answers from almost every society. Putting legalities aside, for most reasonable people it presents quite problem: is it fair to judge others for how they wish to live their lives? Most would say no. On the other hand the idea of selling sex for money has for many years been associated with other illegal and sometimes dangerous activities that tend take place in the same locations. Amoral or not, it is a true reflection of our growth as a society that these desires often outweigh logic; whether for or against, the emotional response is usually one sided and without thought to the oppositions' feelings or opinions. 

Money and relationships: It has been recorded numerous times that one of the most common reasons for couples splitting up is finance. Some attempt to avoid this issue by keeping separate bank accounts and treating the relationship, in terms of money, more like a roommate situation than a romantic one. In other situations one person entirely supports another financially while the other remains at home, perhaps attending school, pursing a creative profession or even more commonly to raise a family. However you and your partner have decided to address your financial decisions during stressful moments problems can be difficult to avoid. A few tips to keep in mind when dealing with this issue:

• Financial difficulty cannot always be attributed to one or both people; in certain situations it can be extremely difficult to deal with poverty or limited funds, remember not to place blame simply because the situation is frustrating. 
• If trying to cut back on overspending, remember to cut on equal sides; it can be a stressful endeavor to eliminate certain excess from your life, remember that your partner feels the same way about their own. 
• However terrible the situation, try to find things to laugh about with each other, it won't be easy but it can help to create a feeling of unity. 
• If one person is supporting another and this situation met with approval on both sides, don't throw blame out simply because financial problems have occurred by reminding a person that they are not bringing an income into the relationship, especially for those that accomplish a great deal at home, though it might not be paid work, it can be extremely hurtful and will not be forgotten even if the situation improves. 
• Do not try to hide financial problems from your significant other; often these issues are much better to face as a solid unit and a great deal of stress can be eliminated by sharing the burden.
• Forcing your partner to bear the positive attitude so that you can continue to panic or sulk is also unhelpful; regardless of your usual dynamic, try to be strong for your partner in these unhappy times. 
• When possible, if nothing can be done at the time to correct the situation, seek distraction with your partner, putting distance, at least temporarily between your relationship and finances. 

Will the ties between money and love ever come to an end? Most likely not, as long as our society continues to include both aspects in it. To keep one from injuring the other requires patience, understanding and at times, accepting what you don't understand. The long history for both weaves an intricate web of human development that is still just as alluring and confusing today as it was thousands of years ago.

Article Source: https://EzineArticles.com/expert/Alison_Sardelli/203131

How Do I Get Into Commercial Real Estate Investing?

First of all, commercial investing is not as hard as people think. There seems to be a stigma surrounding commercial investing. People think it's the big glass 100 million dollar buildings downtown. Sure, it is, but it's not always that. There are many different kinds of commercial investing that you can get into. You can start small and work your way up. It's not as hard as people think. It's not as hard to get funded, to find deals, and sometimes not as much work, once you have the deals. 

Everyone that owns commercial properties are not like Donald Trump. They don't all have their own TV shows, aren't in the news, aren't in the casinos, own sports teams, and don't have the perfect woman on their arm. It's just real people that own most of the commercial properties out there. People like you and me. It's the guy next store. The guy that owns a few Dunkin Donuts stores. There are all types of commercial properties. 

Let's talk about the basics. First off, what is commercial investing? When it houses a business, it's a commercial investment. Business parks, where it's one level, and there are many different buildings, those are commercial rented condos or business offices. It consists of office buildings in office parks. There are also industrial parks which look like office parks, but they are mostly blue collar businesses like manufacturers, warehouses, and storage places. This also includes strip malls where there are Starbucks, Dunkin Donuts, UPS stores, etc. It's one building, one-story tall that's broken off into many different stores. Then we have our indoor malls where there are hundreds of stores inside, which include an anchor store, which is the main store, like a Decathlon or Target to get your attention. There are also office condos which house doctors, offices too. Also, we have warehouses, and even apartment houses. These are considered recession-proof properties. Assisted living facilities are commercial properties as well. Let's not forget about land. People are buying land and putting a cell tower or antennae on the land and making money. 

When you are out driving around, please pay attention to what you are seeing. Start noticing these commercial properties. Start thinking about commercial investing! Commercial investing adds a zero. You can do one deal a year in commercial investing and become a multi-millionaire. Some people have done one deal and it has changed their life, enabling them to retire. Don't let it intimidate you. It just has one more zero on the end! 

One of the things about commercial investing is that once you own the property, it's easier to maintain it because most of the time, you will let the pros handle it. You will have a management team to handle the payments, as well as attorneys and accountants handling the day to day work. There will be less day to day work once you own that commercial property, versus a residential property. Let's face it. If you own one piece of property with tenants in there, you know how much work that is. If you have a few properties, it's even more work dealing with tenants not paying, collections, disappearing tenants, and cleaning it out and finding new tenants. It's a lot of work! Virtually, you can pretty much have the pros do it for you. You can hire a management team, attorney, and accountant. Properties generally throw off enough monthly cash flow so that you can have it all taken care of for you. 

Anything you do with residential properties, you can do with commercial properties! You can buy and hold a house and rent it out, as well as a commercial property. You can wholesale it, get a contract on it, find someone to pay more, flip it, and step out of the deal. You never owned it. You get your finders' fee or spread, but instead of making $3,000 or $8,000, you can start making $50,000 to $200,000 just by flipping commercial deals. Just add another zero or two! Don't let it intimidate you! 

You can also lease commercial properties with the option to buy and make the big bucks! 

All of the same techniques you can use with houses, you can use with commercial properties. Note that one of the main differences is how you get the value. You can have two apartment buildings across the street from each other or in the same complex, and both apartment buildings can be identical. But, if one is 30% occupied and one is 70% occupied, and the first one is worth $700,000 and the next one worth 3 or 4 million, the only difference is how much it's occupied. How do you make big money fast in commercial investing? You find the one that is 30% occupied, find 5 or 6 tenants and bring it up to 70% occupied, and then you sell, get out of it, and make the spread. You can double or quadruple the cost or equity of commercial property by controlling it, filling it, and then getting out of it. It's a beautiful thing! 

Don't let commercial investing intimidate you. Add a couple of zero's to the profit! Consider opening your mind about commercial investing. Start thinking big! 

Article Source: https://EzineArticles.com/expert/Nick_Cifonie/237825

Make Sure You Are Crystal Clear About Your "Invest" Definition

In today's unstable economy, many people are searching for alternative means of making money and creating their own retirement plans. It is becoming clear that corporations and governments cannot guarantee your retirement plan upon turning 65. As a result, many are taking control of their own futures and putting their money into investments like property and shares. For others, it may be a distant dream, but they are not quite sure where they should begin. The definition of "invest" is a broad one and there are several methods. 

Buying a property is considered a fairly safe kind of investment, because real estate generally appreciates in value. There are a couple of different options to choose from. You can purchase a single home, a multi-unit complex or a vacation home to rent out to various tenants; alternatively, you can purchase a home for a low price and renovate it, then sell it for a higher price. Each option has its pros and cons and it's important to do some research before making a decision on which method you will go with.

Becoming a landlord is a huge responsibility, and you will need to become familiar with the local laws regarding tenants. They will be well aware of their rights, so you should be aware of yours. If you consider yourself a DIY person and can install floors, renovate bathrooms and apply a coat of paint, then flipping properties may be for you. 

When you complete the renovations yourself, you save money and increase your profit. When everything has been done, sell it at market value. Once it's sold, you can collect a nice big lump sum of money. Now, you can find another home and repeat the entire process. When you rent your properties, you receive a smaller amount of money, but it is a steady monthly income.

Keeping a lump sum of money in a bank account is not a good wealth-building method. If you decide not to purchase any more properties, another investment option is shares. When you buy the shares of a company, you are becoming part owner of that company. There are many public organisations and companies that offer their shares for purchase. You can get them via a self-directed investment account or a stockbroker. Due diligence and research are imperative before deciding which companies to include in your portfolio. 

You make a profit with shares by buying low and selling high. Depending on the type of company you invest in, you could see profits in just a few weeks, or it might take a few years. Many people buy stocks and hang on to them for at least 10 years; others sell them as soon as they realise they will make money.

An easier option is to invest in Index funds and or Exchange Traded Funds (ETFs) where you are buying a group of companies as opposed to one individual company. Buying into a group of companies protects you when the prices fall as you are not as exposed in comparison to one individual company.

But above all be clear as to your invest definition, and increase your knowledge and resources, you are able to make better decisions. Having a comprehensive plan is a good first step to taking care of your financial security. The time has come to stop depending on governments and corporations to provide your funds for retirement. 

Article Source: https://EzineArticles.com/expert/Mike_McLoughlin/587899

Why Should I Invest in the Stock Market? The Truth Revealed!

Why do people invest in stocks? For some, it's like gambling. They high associated to the adrenaline that comes as a result of throwing hundreds or thousands of dollars into high-risk, high-reward endeavors. Of course, many individuals are highly calculated and look at investing in the stock market as a way to fund their future, perhaps in an extremely comfortable fashion. Of course, this is actually very possible to do, but not without the proper psychology, mechanics, and discipline in place. 

So why should we invest in the stock market? 

No matter how you look at it, your stock picks will be a gamble. It is possible for an undisciplined individual to bankrupt themselves very quickly. With that being said, there are several advantages of stock trading and investing that far outweigh the risks involved. 

Firstly, with a long-term focus, there is seldom a regulated market that doesn't rebound. This means that with a bit of due diligence, you can continually invest in an index fund whether the market is weak or strong, and chances are good that you'll come out on top eventually. 

Imaging this scenario. You invest in the stock market in a fairly low risk way, meaning you pick an  index fund (you can even invest in the NASDAQ itself) and invest $300 per month into your fund. What happens when the market goes up? Your stocks are worth more! But what happens when the market goes down? While the pessimist may panic, the wise man or woman will simply view this as an opportunity to purchase even MORE shares for that same 300 bucks! 

Then, when the market goes back up, you've got LOADS of shares enjoying this increase in value. Does this make sense? I know it's pretty basic stuff, but the basics are where a LOT of people unfortunately make their mistakes. 

Another reason I invest in the stock market, and why I firmly believe you should, too, is that you can get out of a bad decision in a heartbeat. Just sell your shares. Done. Do you think you have that kind of freedom to just walk away in the real estate business? Not a chance!

 The point is - and hear me loud and clear, I LOVE real estate - the stock market is a far more streamlined investment. For all intents and purposes, it's digital vs. physical. Both are valid in terms of return on investment, but only the stock market allows you to be incredibly efficient with your investment maneuvers. 

Consider starting small, if you're a beginning investor. And above all else, educate yourself. Read books, attend courses, join and converse with Femvestorsglobal... it's YOUR capital, so you'd better know your stuff! Do NOT blindly trust the "experts," as they're just people... and they can be just as wrong as anybody else!

Remember, education is everything!

Ladies- we need to Create Our Dignity Money

So what is "dignity money." This is the calculation of money you'll need down the road in order to live a very minimal, luxury-free life each month. It's your insurance, so to speak, against destitution, facing poverty - or being referred to as the 'bag lady'. 

You can figure out how much dignity money you'll personally need by determining the smallest amount that it will cost you to live each month. Add up what you spend each month for food, transportation, taxes, housing, telephone, utilities and insurance. Don't include any frills. 

One very important basic is your home. If you own your house or apartment, your mortgage or maintenance is likely to be one of your major expenses; it is perhaps your single greatest expense. Paying off your mortgage greatly reduces your monthly outlay and therefore reduces your total dignity-money requirement. For many women, a preference to eliminate mortgage debt is the more safer and secure option. Having to not pay any mortgage yourself is an essential step to achieving financial independence. Calculate your dignity-money needs both ways-with a mortgage and without. Depending on the current size and condition of your living costs, you may find that financial independence may arrive for you only after the mortgage is paid, whether that date is five, ten, or more years from now. 

Your dignity-money calculation can be a rough number; that's okay. It might be $1,000 a month or $10,000. Each person's sum will be different. In any event, your dignity-money figure is the target level of income for the first stage of creating your financial freedom. Your goal is to generate this amount of cash each month going forward so you won't have anxiety about the basic care of yourself in the future. If you already have your dignity money, then you can feel at ease. Knowing that you're financially secure should give you a good feeling all over and relieve whatever stressful flutters you might have had about money. If you have yet to establish your dignity money, then it's time to begin working toward it. Believe me, no outing, new trinket, or other toy is worth the cost of not taking this step. 

How do you figure out how much you need in order to generate your dignity money? The calculation is simple. Multiply your monthly dignity money number that you've calculated by 12; then add a 0. This provides an estimate of how much money you'll need to invest in order to generate the appropriate monthly income. For example, if your minimal monthly expenses are $4,000, then multiply $4,000 by 12 and add a 0. That means your yearly expenses will total $48,000. 

You will need $480,000 in order to provide you with dignity money. Why? At $4,000 a month, your yearly expenses will total $48,000. The rate of return on investments varies, of course, but history shows that a yield is approximately 10% each year. This means that you will need $480,000 in order to pay you an annual income at the rate of 10% per year, or $48,000. The same formula-monthly expenses times 12, plus a 0-works for any expense level. If your minimal monthly expenses are $6,000, you require $720,000: $6,000 times 12 is $72,000; adding a 0 brings it to $720,000. If your monthly expenses are $1,500, then you'll need $180,000. Do your own calculation. 

This calculation requires one important adjustment-deductions based on the inflation rate. Inflation gradually shrinks your money's value. Therefore, whatever figure you compute will be worth less in the future. Consequently, the amount in you will have to be somewhat greater to compensate for the effects of inflation. Unfortunately, no one can know for sure how high the inflation rate will be in the future. A high inflation rate, like the one we experienced in the 1970s, will have a strongly negative effect on the value of the money generated, just like today, we are seeing between a 5- 8% inflation rate in most western countries. Noting that the moderate inflation over the last  10-15 years (averaging around 3% a year) isn't nearly so powerful. The power of inflation grows significantly as time passes. If you are only one or two years away from the time when you plan to ease out of working, inflation will have little effect on your plans. But if you expect to work for two or three more decades, inflation will make a noticeable difference.

Let's say you calculate your dignity money to be a whopping $600,000. That seems like a lot of money, the thought of how to amass such an amount might be daunting. But if you save this $600,000 gradually, rather than all at once, it will be much less intimidating.

Lets have a look at a couple of examples: 

Rachel enjoys her museum work, and David enjoys his work, too. So they see themselves working into their mid-sixties. That's about thirty-six years from today. Using the Rule of 72, we calculate that if their money grows at an average annual rate of 10% (a conservative average return on stocks), it will double every 7.2 years. In thirty-six years, when they reach sixty-six, their current $10,000 investment can double five times: 

o $10,000 = $20,000 

o $20,000  = $40,000

 o $40,000 = $80,000

o $80,000 = $160,000 

o $160,000 = $320,000 at age 66 

So with their current savings of $10,000 alone, they're halfway to their goal! Now all they need to do is squirrel away some money each month in order to meet the other half of their goal. It is likely Rachel's income will increase with raises, promotions, and career moves, and David's contracting business is expanding rapidly. This should dramatically raise his annual profits. As they both eventually accumulate more cash to invest, they will gain more momentum. Another plus: They have only about $50,000 left to pay on their mortgage, so they will own their house by the time they want to ease out of working full-time. 

Lynn said: 'To grow my own dignity money, I estimate that I will probably need $700,000. That means I'll have $70,000 a year to live on." To advance to the next step-to live more freely, to travel several times a year, and to entertain and frolic without guilt at some of her favorite stores-in other words, to maintain her present lifestyle-she will have to have more cash invested - in excess of $1 million. And she likes to dream even bigger, and is inspired for several million dollars. The important thing to note is that  you need to begin with securing your financial necessities and then moving on. And the tools are at hand to make this process easier than our fears would lead us to believe. 

Betty figures she'll need less dignity money than Lynn does. She earns $76,000 a year as a Lawyer at a small public interest firm that specializes in environmental law. Betty grasps the principle of spending less than you earn and investing the difference and is prepared to do exactly that. Right now, her basic, no-frills monthly expenses total $3,500. She is looking for $420,000 to establish her dignity money. "If I cut back my expenses, I think I can eventually squeeze out $10,000 to invest," Betty announced. "That means you have to really shave those credit cards," I reminded her. But if Betty is able to commit $10,000 a year, she'll be in great shape by the time she's sixty-five. The benefits of securing income are pretty obvious. It's possible to handle it all along the way and still have a good time enjoying life as you go.

Article Source: https://EzineArticles.com/expert/Joan_Perry/216137

Do You Want to Know the Six Easy Steps Into Your First Investment Property?

Thank you for your curiosity about what the six steps are to your life as a Property Investing. As an active investor I know it's not about the property itself, it's about the dream. Property is just the express bus to financial independence, to wealth and to creating a lifestyle full of freedom, choice and the ability to do what you love. 

Have you actually taken the time to ask yourself what financial freedom means to you? Is it having enough money to pay for a fabulous lifestyle, is it having enough income producing assets so you never have to worry about money again? Is it having enough money so you can quit your job, so you too have the time to discover your divine purpose, do what you love for a living and contribute your message, your cause. 

For me it's empowering women in their finances, which is a catalyst for empowerment in all other areas of your lives. So you too can become financially free, to take of the mask you wear every day and to stand in your feminine energy, become authentic and inspired to share your unique message, your gift, your purpose with the world. 

There are so many great property programs in the market place today from successful investors teaching people how to invest, yet only 10% of people who invest time and money in these programs will take action and actually buy a property. Why is that? I realised that 80% of investing is psychology or the right mindset and only 20% is the actual investing. This is why the market has created a need for Property Empowerment. 

After going through the process myself for a third time, it occurred to me that buying an investment property can be a very daunting, costly and time consuming process, when navigating it alone. It's no wonder that only approx 5% of property investors buy more one or two properties and only a staggering 1% retire financially free on with more than five. 

It also occurred to me that many women, regardless of how committed you are, might be put off by the uncertainty and the contradictory information available. You give in to the fear of making a mistake and allow yourselves to be swayed by the well meaning dream stealers to not only give up the challenge, but all the dreams that go with it. 

So to make your venture into property investing by following my six step program. It's about creating the right environment and the right mastermind team of active investors who specialise in residential property investing. Leveraging against their combined experience and knowledge to help you on your journey to property wealth and success. 

Whilst you engage a team of experts, you must however, always remain 'in charge' of your property investing business. Lay a solid foundation for success by empowering your mindset as the most vital first step, then educate yourself in the basics of property, finance, tax and structure. Once you have a sound knowledge of the above, you can leverage against the knowledge and resources of relevant experts to make it happen quickly and efficiently. 

The 6 Step Property Program Includes: 

Step 1: Creating an Empowered Investor Mindset 

Step 2: Education and Information 

Step 3: Finance Strategy 

Step 4: Portfolio Structure 

Step 5: Property Purchase 

Step 6: Property Conveyancing 

Step 1. Creating an Empowered Investor Mindset 

The first and most vital step in becoming a successful property investor is having the right mindset. Successful investing is 80% mindset or psychology and only 20% strategy, which in our case is residential properties. The market proves this to be true over and over again with all the failed property investors who thought it was just about buying a house.

The Oxford Dictionary defines "mindset" as a habitual way of thinking. It has also been described as an attitude, disposition or mood; an intention or inclination. I think this is a very fair description. Having the right attitude about property investing or any other aspect of your life to the point where it becomes a "habit" or behaviour is vital for your consistency, determination and eventual success. 

You must empower your mindset with specific regard to your values, decisions and beliefs around money and investing. Work with Femvestorsglobal to identify and work with your unconscious values in quite some detail to ascertain whether creating wealth is something you value and whether you are motivated toward a desire for abundance or away from your fear of scarcity and lack. If creating wealth is not a an unconscious value, no matter how hard your consciously try, you will not succeed. 

Work with a qualified Neuro Linguistic Programming (NLP) coach who specialises in finance or wealth creation and with their many tools, identify and eradicate any deeply held decisions and limiting beliefs that have unknowingly held you back in the past. Then instill new, more empowering beliefs and lock them all into place using targeted goal setting and visualisations. 

Step 2. Education and Information 

Once you have the success mindset of champions it's time to head into the classroom to learn about Property, Structure and Finance. Although this is when you will leverage the time, knowledge and expertise of many experts throughout the program, it is essential that YOU remain in charge of the property investing business. 

You need to treat every investment property, with its income and expenses, as though it were a stand-alone business with you as the Director. You don't need to be an expert in all aspects of investing, but it is important to be educated and well informed. 

You must understand the basic concepts of property, finance and structure so you can both understand and communicate with the experts in these specific areas of your investing. Get educated in such topics as property basics including property selection criteria and the Wealth Creation Strategy. Look into the basic principles of company and trust structures and which is best suited to your personal circumstances. Look into the multitude of investment mortgage options, the principals of each and shortlist which will suit your current financial and investing situation best. 

Researching and becoming informed will not only increase your financial and property vocabulary but will give you a very sound understanding of property investing, saving you time and money when eventually dealing with the relevant experts. Do not however, use the excuse of lack of knowledge and not knowing enough, to get stuck in analysis paralysis, know when to say enough is enough and get started. You never stop learning about investing, so expect that you will learn along the way. 

Step 3. Finance Strategy 

Now that you have a successful investor mindset and a good basic understanding of property, structure and finance it's time to look in detail at your overall finance strategy which can make or break your success as an investor. With the expert guidance and advice of a finance broker who specialises in investing, not mum and dad mortgages, firstly review the mortgage on your existing home (if any) with the aim of refinancing and releasing equity to be used as a deposit and a buffer for your first investment property. 

Then with your shortlist, look at the best option according to your particular financial situation for financing your new investment property. Once you have chosen the best option, formally gain pre-approval or approval in principal for your future investment property, before moving to the next step. 

Step 4. Portfolio Structure 

Now that you have your finance in order it's time to look at what structure you are going to purchase your investment property in. This is the step that most people skip or don't even realise they need until after they have 3 or 4 properties and it's all getting very messy and complicated with the tax office. Here is where you will rely on the property and tax accountant to determine the right structure for you specifically. Whether you should buy in your name, multiple names, in the name of a company or a trust or a combination of both. 

The structure for your portfolio is as important as the concrete foundation under your investment property. It needs to be just as strong and it needs to be laid first, or like the actual foundation, it becomes very difficult and costly to fix any problems after you have built your home on top. 

You will need to verify this for your own geographic region, If you decided to transfer a property from your own name into a trust you would in effect have to "sell" the property to your own trust which incurs all the normal legal and buying and selling costs including having to repay the stamp duty.. ouch! 

Step 5. Property Purchase 

Now that you have your investor mindset, your sound knowledge, your finance strategy and your structure in place, it's time to finally go property shopping... Yahoo!! This is contrary to a novice investor who at an open house is lured by glossy brochures, the smell of an open fire, baking bread and percolating coffee, falls in love with a property first and then worries about the rest later. As a professional investor, you buy with logic not with emotion. 

In all areas of my own professional investing I assign each task to companies who are specialists in that area. Their teams are so committed and so passionate about their specialty that they spend all their resources sharpening their knowledge, skills and expertise, thereby becoming industry leaders in their field. 

Think of it this way; if you want a haircut you go to a hairdresser, if your pipes are blocked you call a plumber, to service your car you go to a mechanic and these are all relatively minor expenses. Even when selling a home, people engage the services of a local real estate agent they trust. So I don't understand, when spending hundreds of thousands of dollars, people insist they are more qualified to find, select and negotiate on a quality residential investment property than a specialist buyers agent. Unless you are an expert this can be risky and extremely time consuming as you spend 12 months searching for a property. Not to mention expensive as the market keeps going up and up as you search, requiring a bigger deposit. 

I advocate using a professional who wants to see you succeed. One who specialises in the specific area you are investing in, who has all the network and personal relationships required to find you a great investment, with any luck, under market value. 

They will select a short list of properties with a history of good growth that fit within the selection criteria and then it's a simple matter of making an informed choice. Depending on the property type, you can then organise to have your building, pest or strata inspections undertaken as necessary. Being a new investor, or if you are new to the particular buyer's agent, I suggest you organise an independent valuation to confirm you are paying fair market value. 

Once a property is chosen, the agent will use their extensive negotiation skills to negotiate on your behalf for the best possible price and settlement conditions. If the offer is accepted you celebrate!! but if not, then you start over again. 

Step 6. Property Conveyancing 

Congratulations, your offer has been accepted, the deposit has been exchanged, the champagne is flowing and you are now officially a property investor. You are on your way to financial freedom. So now it's time to kick back, relax and watch the capital growth right? Well, not quite... There is still one very important step to go. 

You now need to legally transfer the property from the vendors name into your name or the name of your trust. You can choose either a solicitor or a conveyancer to do this on your behalf. They will do all the necessary searches and checks required to ensure that the property you purchased is exactly as stated in the relevant contract in your country. They confirm that there are no structures that are not government approved, any unexpected water or electrical easements, caveats or any other nasty surprises. 

They will also be responsible for coordinating settlement between you, the vendor, their solicitor and both lenders...Now that is no easy feat! Settlement, usually 30 to 90 days later is when your loan is fully drawn down and the balance of the purchase price and all associated finance and legal fees are paid. 

To further protect yourself, this is also the time to review your insurances and estate planning and create or update your will to include your trust and portfolio. This will ensure that your specific wishes are respected with regard to your legacy that you have worked so hard to create. 

So that's it... a simple, accelerated 6 step process that you can follow, no matter what your level of property experience or what town or country you live in. Start your journey to wealth and empowerment through residential property, so you can become financially free, become authentic and free to create the life of your dreams. So what are you waiting for?

Article Source: https://EzineArticles.com/expert/Luca_Ricciardiello/172537

Women - Talking Money

When I'm curious, I take surveys to answer the questions that are spinning around in my head. I turned to women I know and began to ask one question - a question I put to you right now. 

'What are you doing now to make sure you'll have financial well-being for your life when you ease out of working?' 

Will you reach a point in your life that you work because you want to and not because you have to?

The first time I posed my question, I asked my friend during a catch-up brunch date in the City. 'You know, we've both made a lot more money than we ever expected when we planned our careers. But where are we going to be when we're 70  years old? What are you doing to make sure you don't end up broke?'. She turned to me and said, 'Well, I have a car and a house, and that's about where I am right now she said. 

A few days later, I talked to another dear friend. She gave me the same answer: She had a car and a house. A pattern was emerging. I pressed on. 

That night, I called a woman I had known since University. We often chatted by phone just to stay in touch, but rarely saw each other as I had moved overseas. I asked her the same question. 'We own an Apartment here in the city and my Husband and I both have a car so we can take the kids to Daycare,' she replied

I even talked to my hairdresser who I have been visiting for years. Guess what? She owns a three-bedroom house in the outer suburbs, and yes, a car.

The pattern was clear. My friends were 'investing' in houses and cars and then stopping because they, too, hadn't come up with any good strategies for growing their money. 

Our parents, our schools, our employers, our financial institutions, our popular culture-not one had taught my friends and me how to employ our money as part of our younger years. Something was seriously wrong. 

Where we are today regarding money matters is very much where we were two decades ago regarding personal fitness. At one time it was commonly believed that if you ran at full speed, jumped up and down a lot, and sweat profusely, then you would eventually become physically fit and thin. 

Today the more accepted wisdom is that old-fashioned anaerobic exercise-the kind in which you're moving so hard that you can't talk-actually sends your body into survival mode. As a result, the body stores fat, probably defeating any weight-loss or health goals you seek through exercise. Now we know that a regular walk in the park that involves both your body and mindset will produce consistent physical and mental benefits. 

When it comes to money, you can employ these same strategies. And we can find other examples of common beliefs that are now outmoded: for example, our past beliefs about nutrition. When I was growing up, we were told to eat three large, balanced meals a day in order to be healthy and fit. Today, many nutritionists and doctors say that four or five smaller, low-fat meals-one or two of them being fresh fruit or vegetables and no meat -make a more healthful diet. Thankfully, the word about proper exercise and diet is spreading rapidly among women of all ages. 

But many women are still in the dark about money matters and the effective strategies to financial health. Financial institutions itself deserves much of the blame. At many of the major Wall Street brokerage houses I researched, the primary approach to building wealth was to make big chunks of money for the client-and, more important, for the broker-all at once. 

No value was placed on slowly, patiently building a bundle for the future. If you buy into that living-for-the-moment rush, then yes, the risks are very high, and the anxieties of first-time investors are an understandable reaction to the frenzied Wall Street approach. 

But beneath the hype and excitement of the 'fast money'game is the real motive for the financial industry: generating the highest possible commissions for unscrupulous brokers and increasing the wealth of the firm. 

I noticed that the investment information itself wasn't too tough to understand, but it was often presented in a jumbled manner that was heavy on jargon and short on simplicity and logic. It seemed that someone deliberately wanted to make financial information confusing to the average consumer.

I noticed also that brokerage statements presented information in ways that confused clients like myself and often omitted essential information-like what I as a client paid for a specific investment and its current value. With a little effort to straighten it all out, though, and to put it into sensible language, nothing was particularly difficult to understand by me or my girlfriends. 

Eventually, I realised that the financial community is interested more in separating us from your money than in building our wealth. As a result, investor education is a low priority. Even those who worked in major Financial Institutions in the Square Mile, Canary Wharf and Wall Street, making your investments were never really taught how to handle our own personal finances, or to lead others to grow wealth. 

'You mean you knew how to invest other people's money but not your own?' - you ask. No. It wasn't that. 

The point is that the likes of the Square Mile isn't really interested in investing your money, only in getting you to spend it. Let me explain. 

The Square Mile has taught the investor to 'buy in greed and sell in fear.' What does that mean? I'll give you an example: Your broker calls to give you the following hot tip: 'ABC stock is really HOT. It's about to go through the roof. You should buy it. Well, if you have some cash sitting in your bank account, you may well say okay and take the plunge. 

Several weeks later, the price of the stock has declined and you begin to get nervous. What happened to that great opportunity? Your broker's answers are confusing, even evasive. Naturally, you think, 'I really wouldn't want to lose all of my money.' So you opt to sell the stock. 

Bottom line-you did this - you bought in greed and sold in fear. The only person who benefited was the broker, who made commissions on both the buy and the sell.

Now's the time to develop and rely upon your own judgment when it comes to making your dollars work for you. 

Decades ago, many women went to male doctors, who often didn't listen to what a woman had to say about her own body, but who presumed to know all the answers himself. This happens to women and their money, too-a woman's competence is questioned and she may be treated like a baby.

 For women, the path to building wealth is using self-knowledge, making more personal decisions, preserving their power to choose their own direction - and being aware of and expanding their financial choices. Every woman needs financial legs. We live in a time when a woman can advocate for her own financial well-being - this makes it the best of times to secure our financial futures. 

Adapted from Article Source: https://EzineArticles.com/expert/Joan_Perry/216137

Women, Wealth and Marketing

The traditional sources of wealth for women have historically been through inheritance from our parents or our deceased husbands, or from financial gain from the divorce of a wealthy husband. Whilst these methods for achieving wealth are still evident, an increasing number of women have created our own wealth through either our job or the ownership of a business, which is independent of our husband and or family. 

Whilst men's major motivation for starting a business is financial gain, women tend to cite flexibility, freedom (from corporate structures and politics), being more present with our Children and financial gain as the main reasons for setting up on our own. 

Motivations for amassing and protecting wealth are almost identical for men and women. Financial security in retirement is seen as the main priority followed by a better personal lifestyle and enjoyment of the finer things in life. In other words the goals appear to be neatly divided between spending on the present and saving for the future. More intangible factors such as status and the sheer enjoyment of making money, come much further down the list. 

Women want wealth to enjoy a better lifestyle. We spend our leisure time and disposable income on holidays and home improvements, just like men. The only significant difference in spending is that men are likely to spend a greater proportion of their disposable income on cars and gadgets whilst women focus on clothes, jewellery, bags and shoes ' so far the cliché holds true. 

However, women do invest quite differently to men. We are far less likely to take risks with our money, whether within our personal finance and/or business affairs. Research suggests that more men than women invest in financial products that are considered to be at the riskier end of the financial spectrum such as hedge funds, private equity, derivates and Crypto (including the use of leverage across these investment classes). 

Women tend to take longer to come to a decision about what to invest in and are less likely to go to a third party for advice than men. Men are more likely to consult tax specialists, accountants, private banks, brokers and the media. The only source of advice that is more widely used by women than men is the high street bank. 

This does not mean they are less successful or able investors than men. It's just not clear to us about where to get started or who to trust, which is why we created Femvestors Global.

Wealthy men are more likely to use personal trainers, chauffeurs, chefs, alternative health practitioners, property search agencies, lawyers and private banks than women. However, wealthy women are more likely to use what may be considered 'lifestyle' services such as personal concierge and shopping services, life coaches, personal trainers, personal stylists, bodyguards and private doctors. Women tend to invest to reach a particular goal, for instance, an education fund, retirement, a major holiday.

Once the investment goal has been reached, women are more likely to 'protect' the fund rather than put it at risk through further investment. So what are the conclusions that can be drawn about marketing financial products and services to high net worth women: 

1. Whilst products do not have to be marketed as a 'women only' product, they do need to provide clear, comprehensive information from which we can make an informed choice. As many of the women will be making investment choices without the benefit of advice from independent advisors or tax specialists, everything produced must be jargon free and in plain English. Provide well researched information and support when required. 

2. Building a relationship through education. Providing information to women on financial matters that may concern us, in regards to age or lifestyle. 

3. Develop products 'themed' around issues such as 'wedding', 'education fund', 'retirement' . Encouraging us to continually invest for our future selves

4. Women do hire personal trainers and are prepared to pay for the personal touch. A 'financial coach' may be the incentive a woman needs to invest in a particular product or organisation

Inspiration from Article Source: https://EzineArticles.com/expert/Pam_Kennett/31862

Ladies- Why we prefer the safer option of investing in property

Historically, women lacked the resources and confidence to enter the property market, but trends show that as more and more of us women are occupying higher paid jobs, we are becoming more proactive investors and taking charge of our finances.

It has been shown that we have a preference for property investment, when compared to other riskier forms of investing. 

But what is actually driving this pattern for investing? 

Many of us who might previously have felt low in confidence, now have the knowledge and tools to make informed investment and property decisions right at our fingertips. 

We are turning to the internet as the source of our property investment advice. The availability of information has empowered many of us, giving us the initial confidence to take to the property market. 

However, despite the advantages the internet offers, female investors should be aware that nothing can replace the advice of a trusted financial "Fiduciary" professional and obtaining sound investing advice. In addition, we need to also look to Property experts familiar with the local area we are looking to invest in. 

With our increased financial freedom, we are recognising that a man is not the ultimate financial plan, and that we have the ability to plan for our financial future - regardless of our relationship situation. 

We are educating ourselves about investing and choosing the best investment portfolios based on our desires and needs. 

As we are generally perceived as more cautious investors than men, preferring to invest our money in options with lower risk. It is usually because we see the tangible investment of property (as we can see, touch and feel), which we recognise as a more stable and safer investment choice. Money invested in the property market can also provide long-term returns and reliable income through to retirement if managed correctly. 

Property also offers a sense of control and the opportunity to make an investment property our own is also attractive for us women, who are instinctive nurturers by nature. By turning a property into a home, this also contributes to our sense of enjoyment and ownership. 

With property, we also have the option of purchasing a lower-end investment, and through our own personal efforts and investment into home renovations, increase the value of our investment. 

As the number of women in property continues to rise, we pioneering ladies are paving the way for the success of other female investors. Financers, developers and realtors are all taking notice of the trend and providing property options tailored to the needs of women. The property market is no longer a male-dominated investment arena. With our newfound financial freedom, we are growing more proactive with our investments and our confidence is increasing.

Investing our money in the property market can provide a stable, safe return over the long term. This reliability is something we women want and appreciate. 

 Article Source: https://EzineArticles.com/expert/Kathy_E_Roberts/1202759

Ladies- How to Start Investing Today With the Money You Spend Right Now

Many women enter a job market right after school and jump right into life feet first. Money comes in from a job, then goes right out to liabilities, food, entertainment... all necessities and pleasures in life. This is often called being stuck in a "rat race". Every month is the same thing... money comes in, money goes out. Once you're stuck in it, it's very difficult to get out. But not impossible. 

Now, money you make in your job is dependent on your ability to perform a task or function and amount of time put into that task or function. Essentially, it is trading time for money utilising a learned skill. But this can't possibly go on forever, can it? 

In addition not only are we paid less for the work performed, we generally take time out to raise children and/or look after our parents. And when we don't invest in things that will bring in income whether we work, not work or can't work any more, we don't have anything to help us live as comfortably as we are today.

Until most women get into a career role that offers good benefits (including a work related retirement fund), money is rarely put towards investments. Money is made and spent as fast as it's made, giving a women necessities and comforts of life at the time - and then some, but not allowing much for a prosperous future once our income stops. 

Every women at some point in their life must face the reality that a job or even a partner is not going to give us everything we want or need in life - especially a life after retirement age. Investing is something best figured out early in life. 

To understand how important investing is, you must first understand what investing is. An investment is a method of making money from a one-time effort. Sometimes this effort can be intense and take some time, but it can provide income for many years to come without having to put forth that same effort or time. 

If you research to buy a house to use as an investment, you only have to do that research one time. Once you buy an investment, it will make money for you with very little effort. If you write a book and sell it online, you only had to write a book one time-it will make money for as long as it is active on a website or in a bricks and mortar book store. If you research a company stock and find the right one, you invest some money in it, money then starts doing work and then making money without you having to do anything. 

These are just simple investment examples that do take some effort. The point is that making money from investments is a lot easier than making money at a job if you know what you're doing. A huge difference between an investment and a job is how much time and effort someone has to put into making money. The cool thing about investing in the stock market (whether it be traditional buy/hold/sell trading, retirement fund investing such as ISA's or 401K, or options trading) is that you only have to learn how to do it once, keep repeating what you learned, and let each dollar you invest do all of the rest of the work for you so you can enjoy life as it was intended.

Of course there is one HUGE problem that every women faces before she can invest. Where do you get money to use to make money? When living life in a "rat race", you eventually get caught up in an impossible circle that is very hard to get out of.

Don't worry! 

You have money... you just don't know it yet! 

There are ways to make a few changes in your life to start building up "capital" for investing - no matter what type of investing you are looking to start. It will be slow at first, but it will definitely morph into something you won't believe possible.

One way to build up investment capital fairly quickly is opening a "Round Up" Savings Account. This type of capital growing account actually helps you save and build money based on your every day purchases. You attach your bank accounts or credit cards that you spend money on to your Round Up account and for each purchase you make, this account rounds up to the nearest dollar and deposits that rounded up cash into an investment platform that helps your savings grow faster. Not much work, is it? This special investment account does the rest. 

For example, if you spent $20.57 on something, it rounds that up to $21.00. The round up, or $0.43, is placed in your account which is divided among several stocks based on account settings. 

If you make 50 purchases from your checking account in a month averaging $0.35 a round up, you will save $17.50 in that month. That's $210.00 in a year saved just by rounding up these purchases. 

Money invested in this round up account goes up and down with stock market movement. At 5% gain in a year, it will go up by $10.50 more. And some stocks that your money is invested in earn dividends that are automatically reinvested into your account. 

This doesn't sound like much, but over time, it will continue to grow. This is an investment in itself and can grow pretty fast if you are consistently adding to it. If you have extra money you'd like to save during a month, you can also make deposits to apply them to your account to grow your account even faster. 

A Round Up Savings Account is simply a stepping stone to get you to a higher level of investing, which can be a stock trading, option trading, a retirement investment account, real estate, or anything else you can invest that money in to make more money. 

Once you build up some good investment capital in your Round Up account, you can withdraw it whenever you want and use it to purchase assets (things that earn you money - unlike liabilities where you lose money) or to invest in stocks to make even more money over time.

Article Source: https://EzineArticles.com/expert/Jason_Moser/18449

Ladies - Are You in Debt and Don't Even Know It?

Many women think that because they are managing to pay their bills and nobody is knocking on the door to take their stuff away that they are not in debt. Think again! 

To find out if you are in debt, you must calculate your net worth. Simply subtract the total liabilities from the total assets. For this exercise, it doesn't matter how big or how small the number. It doesn't necessarily matter if the number is negative. Your net worth is just a starting point to have something to compare against in the future. Repeat this process at least once a year and compare it with the previous year's number. By comparing the two, you can then determine if you are making progress

To Calculate Your Assets

• Start by listing your largest assets. For most people, they could include the value of their home, any real estate properties, or vehicles like personal cars or boats. In the case of a business owner, this list would also include the value of their business, which has its own more complicated calculation. Make sure you use accurate estimates of market values in current dollars.
• Next, you'll want to gather your latest statements for your more liquid assets. These assets include savings accounts, cash, CDs, or other investments such as brokerage accounts or retirement accounts
• Finally, consider listing other personal items that may be of value. These could include valuable jewellery, coin collections, musical instruments, heirlooms, or a rare wine collection. You don't need to itemise everything, but you can try to list items that are worth $500 or more
• Now, take all of the assets you have listed in the first three steps and add them together. This number represents your total assets

To Calculate Your Liabilities

• Again, start with the major outstanding liabilities such as the balance on your mortgage or car loans. List these loans and their most current balances.
• Next, list all of your personal liabilities such as any balance on your credit cards, student loans, or any other debt you may owe.
• Now, add up the balances on all of the liabilities you listed above. This number represents your total liabilities.

So What is Debt? 

As per Merriam-Webster, debt is an amount of money that you owe to a person, bank company etc. It can include the amount borrowed and interest accumulated. Debt can include credit card debt, mortgage debt, car debt, student loans etc. 

You can get out of debt if you are committed and diligent. It may take a while and if you stay focused on your goals, the rewards will be worth it. 

Here are a few tips that can help. Pick one, two, three or all four. The faster you work at this, the faster you will succeed. 

1. Control your expenses 

Since you have little control over the amount of money that comes in, you have to control the money that goes out. 

• List all your current income streams
• Make a list of all of your monthly expenses 
• Compare your income to your expenses 
• Stay on track and avoid any new debt 

2. Reduce spending on Credit Cards 

One way to get out of debt is to stop using your credit cards. The easiest way to do this is to keep them in the freezer and only defrost them for emergency situations

3. Lower Your Interest Rates

Credit cards have unbelievably high interest rates and you end up paying more in interest than the original amount you borrowed. You can get credit card companies to lower their interest rate. You just have to call and ask. 

For example: 

• On a $5,000 balance and you paid $150.00 per month at 20% interest, it will take you 50 months to get rid of your debt · You will pay $2,359.09 in interest. 
• On a $5,000 balance, if you paid $150.00 per month · 16% interest, it will take you 45 months to get rid of your debt · You will pay $1,656.82 in interest. That's $702.27 less! 
• And talk to your bank manager about the interest rate on loans and mortgages. If you don't ask, you will never get, as they will surely not offer. 
• Check out the different kinds of mortgages to see which one is better suited to your current situation. Ask about Variable Rate vs Fixed Rate Mortgages. 

4. Double Up On The Minimum Payments

It is amazing how much you can save by this one tip alone. For example: 

• If you pay the minimum on a $5,000 debt, it will take you over 300 months to get rid of your debt. You will pay over $9,194.47 interest
• If you pay double the minimum on a $5,000 debt. It will take you 120 months to get rid of your debt and you will pay $2,445.32in interest. 
• That's 180 months (15 YEARS) and $6749.15 less! 

I know you will tell me that you continue to have balances on your credit card because you usually don't have any free cash left after you pay all your bills and the minimum credit card payments. You must review your income and expenditure every month and find expenses that you can cut out. 

Every time you can do this, use the extra money to double up the minimum payment of the credit card with the most debt. Once that card is done, then do the same for the next card etc. 

For mortgages, consider making bi-weekly payments instead of monthly payments. Take a look at this example: 

•  You have a $200,000 mortgage with a Fixed rate at 7% on a 30 year term
•  If you have a bi-weekly mortgage payment, you will save a total of $68,925 in interest as opposed to making one payment a month.

 5. Debt Counseling 

If you are really overwhelmed with the very idea of getting out of debt, there are many government agencies and organisations that offer debt consolidation, debt relief plans and counseling to help you. They can help you avert bankruptcy and be free of collection agencies. They can get you down to one monthly payment for all your debts (make sure they are legitimate and operating in your best interests)

Because we all deserve to be financially free

Article Source: https://EzineArticles.com/expert/Carol_Ferguson/323793