Helpful tips for saving a business

One of the first, proactive steps that you can take in order to save your business is to identify the areas in which you can save money, or the company assets that More »

Compare the Market to Avoid Overpaying

“It is easy to pay too much in fees and interest rates for home loans. Those with a damaged credit history may feel it is worth accepting the first offer. That would More »

Here’s the Deal with Bank Accounts Rewards. Are They Worth the Monthly Fee?

Are you checking out some different banking options? Understandably, you want to ensure you research the best current accounts offering rewards. However, you also see that you need to pay a monthly More »

Being financially prepared for university

Going away to university can be a tough experience. For most students, this is the first time they are leaving home. This new found independence is a heady feeling. You are no More »

Looking for help when starting a new business

Starting your own business can be challenging and rewarding at the same time. The thought of being your own boss and making your own business and career decisions can be empowering. In More »


Keep It Simple! Repair Your Credit With These Tips


There are a lot of ways to damage your credit score, from falling for a credit card scam to just being unlucky with the recent economy. Thankfully, there are methods in the below article that can help you mend this problem.

If your credit is such that you cannot get a new card to help repair it, apply for a secured one. Most likely, a secured credit card will be easy for you to get, but you have to fund the credit account before you purchase so the bank knows that you won’t miss any payments. If you get a new card and use it responsibly, it will help to improve your credit score.

Having a lower credit score can lower your interest rate. This can help lower your monthly payments, and help you pay them off quicker. Take advantage of special offers and favorable interest rates to secure manageable credit payments and a good credit rating.

Having a good record allow you to qualify for things like a home mortgage. Fulfilling your mortgage obligation in a timely fashion does a great deal of good for your credit rating. Home ownership also means you have assets that you can rely on to increase your credit score. Having a good credit score is a key factor if you ever need to take out a loan.

Getting an installment account can help you earn money and provide a boost to your credit. With an installment account there is a monthly minimum you need to keep, so only open an affordable account. By successfully handling the installment account, you will help to improve your credit rating.

Paying your bills is something you need to do to repair your credit. You need to pay your bills off on time; this is very important. Your credit score starts to improve immediately upon paying off some of your past due bills.

Try joining a credit union to begin a credit score. Due to their focus on community finances rather than national ones, credit unions may provide better interest rates and more credit services than typical banks.

Do not spend beyond your means any longer. You will have to change the way you think in order to do this correctly. In many cases, people are using credit cards to buy things they want, rather than focusing on things that they need. Be sure to assess your finances and find out the things that you can afford.

It is important to read all credit card statements you receive. Check to be sure that you actually purchased the things that are listed on your statement, so that you are only paying for things you bought. The responsibility lies with you to verify that each charge is accurate.

To keep your credit in good standing and get a better score, maintain a low balance on revolving accounts. Lowering your balances is one way to get a better credit score. The Fair Isaac Corporation, FICO system tracks how much of your available credit you are using in 20 percent increments.

Work with a credible credit repair service. The credit repair industry does have its fair share of agencies that do not live up to their promises. Some people have turned over all of their financial information to people who turned out to be scam artists, and they wound up in worse shape than before they started. Take the time to read reviews of different agencies. This will allow you to find an honest one to work with.

Don’t use credit cards a lot. Purchase with cash. If you absolutely have no other choice but to use a credit card, pay off the balance in full as soon as possible.

It is the worst when you have many debts that you are unable to pay. To make sure everyone gets a share, spread out your money distribution. Regardless of whether you are making the minimum payments or a little more, getting some money will keep your creditors at bay and may stop them from calling collection agencies.

In order to rebuild your credit, take baby steps to start improving your score. Prepaid or secured credit cards can help to rebuild your score without late payments or going over your limit. This will make you appear responsible to future potential lenders.

Note down any threats you receive from creditors or collection agencies because they are breaking the law by threatening you. Find out more about laws specific to your state regarding the protection of customers.

If you’re having trouble with creating, or living within, a budget, consult a highly regarded consumer credit counseling agency. These agencies frequently work with credit companies to help negotiate payment plans. Working with them can help you slowly repair your debt. A credit counselor can give you the best advice on how to be in control of your finances, and pay off your debts.

If you foresee that you will have problems making your monthly payment, contact your creditors immediately. Many times, a creditor will let you pay in installments and not report the debt to credit reporting agencies if you just ask. This is also a good idea because it lets you shift your attention to your more inflexible debts, where you don’t have the option of negotiating your payments down.

The best way to begin a credit repair project is to pay off outstanding debt, and pay future bills on time. Your credit score is damaged by large amounts of existing debt along with a history of late payments. Create a budget that you can live with and devote as much of the rest to paying off debts, starting with the ones with the highest interest rate first. The less debt you have, the better your credit score will be.

It can seem impossible to repair your credit score, but just knowing what the steps are and making a plan can make it seem much less intimidating. The advice offered in this article can help to get you back on track to repairing your credit.

Get Snow Tires to Qualify for New Insurance Discount


This one is for all our Canadian friends out there! As you may know there has been a lot of talk about how to reduce auto insurance rates throughout Ontario. Though some companies already offer discounts for vehicles with snow tires, a province-wide mandatory reduction will achieve this on a larger level. It also helps make the region safer, and will likely have a huge impact on the number of collisions and fatalities Ontario sees during the colder months.

The New Rules Take Effect January 1
The mandated discounts begin January 1, 2016, but residents are advised to take action much earlier. Now is the time to be pricing the tires and planning ahead for purchase, so that the added safety benefits may be achieved as the first snows start coming. Each insurance company may offer a different reduction rate, and will have a slightly different application process for the discount. In other words, the sooner an individual gets in contact with their insurance company, the more-likely he is to see a reduced rate come January.

Benefits of Choosing a Snow Tire
Minister of Financing, Charles Sousa, visited Canadian Tire earlier this month to highlight some of the benefits and features of snow tires. All-season tires are designed to perform well under most circumstances. They handle heat, rain, and sometimes do well in light snow. However, the rubber that they are made from hardens when it’s cold outside, which reduces the tread’s ability to grab the road. The tread is also designed differently, to perform better when the roads are covered in snow or slush. Furthermore, winter tires have been shown to reduce the amount of time it takes to stop by as much as 25%.

How to Choose and Maintain a Snow Tire

  •  All four tires must be replaced. Regardless of whether a vehicle is all-wheel drive (AWD) or 4-wheel drive (4WD), vehicles still benefit from better tread while breaking, turning, and accelerating. Moreover, using different types of tires makes it impossible for them to work together, and the benefits are reduced.
  • Look for the mountain and snowflake symbols. Regular tires usually just have the letters “M” and “S” on them, for mud and snow. While they may perform adequately under traditional warm-weather driving, they’re not designed to handle Ontario winters. Those with the mountain and snowflake symbols have been approved for “severe snow service,” and are a much safer choice.
  • Check the air pressure at least monthly. Tires have to be inflated well to work properly, and cold air decreases tire pressure. This is why newer vehicles with tire pressure sensors will illuminate warning lights during a cold snap. For every incremental decrease of 10 degrees Fahrenheit (about 12 degrees Celsius), tires drop by about 1 psi. Even vehicles without modern monitoring systems see the same decrease in pressure, so owners must be vigilant in checking it independently.
  • Replace the tires when they’re worn or the season ends. Although snow tires can technically be used throughout the year, they don’t wear as well, and they don’t operate the same when it gets warmer out. Switching tires with the seasons has been likened to trading out snow boots for running shoes. While running shoes work during the winter months, they don’t provide the same protection and grip as boots do. The inverse is also true. Snow tires won’t likely wear out in one winter season with normal driving, so they can be kept for a second season and may be reused if properly stored. Monitoring tread-wear indicators, and changing tires as they reach the end of their life-cycle, is essential for safety.

National and International Safety Improvements have Been Noted
Many jurisdictions have made it mandatory for vehicles to have snow tires, and have seen a great reduction in the number of fatalities and accidents. For instance, 96% of the population in Quebec used snow tires before they became mandatory. Afterwards, that number increased to 98%. Deaths and serious injuries were reduced by 3%, and collisions dropped by 5%. In Germany, collisions dropped by more than 50%.
Ontario has not made snow tires mandatory, as some jurisdictions have, but switching to them during the winter months is a smart decision anyway. Moreover, with new insurance reductions available for those who choose the safer option, financial concerns are mitigated. Ontario residents are advised to check with their auto insurance provider to find out how to qualify for their discount.

Your guide to corporate tax


All businesses that are limited companies operating in or from the UK are liable for corporation tax to some degree, but there are different rules for sole traders and partnerships. For example, a business established in the UK is taxable on its profits worldwide, while a non-resident business is taxable on trading profits that can be attributed to a permanent establishment (PE) in the UK, in addition to being subject to income tax. There are various opt outs and dividend exemptions that may apply, however, depending on status and a comprehensive range of tax treaties. In essence, corporate tax is a territorial system by nature.

Organising your corporation tax

As taxation can be complicated, it is worth making sure a business is completely up to date with current government initiatives and regulations. Specialists, such as Pocket Accounts, can be invaluable in this respect as some schemes include taxes linked to Capital Gains, Restructuring, IR35 enquiries and HMRC correspondence. For example, there is no invoice for corporate tax that a business has to pay: it is up to every commercial organisation to work out the amount of tax due, report it and then pay it on time and in full.

New businesses must first register to pay corporate tax with HMRC, then keep accurate accounting records of all transactions, and finally prepare a tax return on behalf of the enterprise that details the taxable amount payable. If a business is not due to pay tax, this must be reported within a specified time period, normally nine months and one day following the end of the commercial accounting period.

Understanding corporate profits

If a business is trading, profits are taxable. If investments are sold, income from these is also taxable. The same applies to any assets you sell for more than the cost price, as these are known as chargeable gains. UK-based businesses must pay corporate tax on profits they make abroad as well as in the UK. Companies based abroad are liable only for tax on profits from UK activities. There are various formalities to observe if a business has ceased to operate and is dormant, and more again if a dormant company resumes trading.

The UK government has a useful website covering basic information. There is also a helpline for businesses that want to make general enquiries about corporate tax, however be prepared to call early in the morning (8am–9am) or after office hours (5pm–6pm) to get a fairly prompt response. A more detailed guide to corporation tax can be downloaded and printed from the website.

Getting the best advice

Tax specialists make it their business to understand the ins and outs of business taxes. For example, they can advise on how to deduct authorised expenditure from trading income so as to calculate net profit (on which corporate tax is based). As their own charges are deductible, it makes sense to use the best professional advisors available and reduce corporate tax in the process.

Helpful tips for saving a business


One of the first, proactive steps that you can take in order to save your business is to identify the areas in which you can save money, or the company assets that could be sold or simply got rid of.

Is your business using more paper than it needs to? With cloud computing systems, email, online filing and document services, and office software, it is easier than ever to go paperless. While the initial outlay may cost more than a ream of paper, you’ll certainly notice the long-term discount and the amount of space you’ll now have in your office.

Negotiating with your service providers is also a fantastic way to save yourself a little money; from energy bills and communication systems, to the cleaning company employed to keep house, it is important to make sure you’re getting the most for your company’s money.

Similarly, some office supply companies will offer discounts to those who pay in advance, so explore every payment option available to you, or build a profitable credit relationship with those you use most. In terms of making money, always look at the assets you no longer need; cartridges and recyclable office waste can often be traded in for cash, while old furniture, cleaning products and electrical items can also be sold on when no longer needed.

Say you’ve sold all of your valuables, cut as many corners as you can while retaining your focus, and renegotiated every bill, but you’re still facing trouble; what now? Well, are you maximising your business’s opportunities and prioritising your spending? Simply by monitoring every payment and expenditure, you stand a much better chance of keeping afloat. Do you know exactly how much you have coming in every month, and understand the bills that have to be settled? It’s time to get to know your accounts intimately. It may also be time to assess the advantages of outsourcing staff over keeping a full-time workforce, particularly if your business operates around a skilled industry.

An international saviour: foreign investment

Merging, which is the act of two firms coming together to form one, is often hugely beneficial to both parties, throwing a lifeline to failing companies. Mergers can create numerous networking opportunities, increase the potential for research and development, reduce competition, as well as introduce new angles to business meetings.

Similarly, seeking foreign investment can reinvigorate lacklustre operations; an injection of cash often provides salvation for companies, allowing them to remain open for business far longer. Where should you start? It’s time to seek out the professionals. Businesses such as M1 Group, which was founded by brothers Taha and Najib Mikati over 40 years ago, is well versed in foreign investment, and has reinvented numerous businesses in the real estate, fashion, retail, communication and energy industries. The company’s experience and business acumen could prove vital to a smaller company beginning to flounder, while its worldwide connections are fantastic for any company to have in its address book.

Hopefully you have made contingency plans long before business took a downturn, but if you haven’t, don’t worry; from selling assets and watching every penny, to accepting mergers and foreign investment, there are numerous ways to keep your business afloat.

Ways to improve your skills when it comes to a job in trading


It’s fairly well-accepted – and demanded – in the status quo that we strive to improve ourselves in order to advance in our personal and professional lives. In a highly competitive job market, it’s the ultimate must that could make or break you. Improving your skills to prepare for that sought-after job in stocks and trading isn’t something to take lightly, but it’s not unobtainable, either.

Brush up on your knowledge

Having a strong background knowledge will help you to enter the market with a greater chance of success. Consider taking business administration and trading courses either online or in class, and even take it a step further by acquiring a degree in the field. It’s not just about learning the basics but about role-playing through various scenarios, familiarising yourself with market patterns and trends, networking with other people and having access to resources and events – such as exclusive seminars and workshops – which can lead to new contacts and prospects.

Thanks to the continually growing industry, as well as greater access to education at a higher level, it’s easy to find courses that fit into budget and schedule. Forex trading courses are becoming increasingly popular and highly demanded in the field, and many experts consider them a good standard to start with.

Be diverse – look into business writing courses and other humanities-related classes where you can develop good problem-solving and creativity-building skills. These assets are more important than any trove of knowledge you might accumulate because they will help you manage the long-term plans as well as the last-minute, urgent situations where you have to think fast and think well.

Identify your niche

There isn’t always a way to predict what particular industry or market sector will work best for you – and sometimes it’s just a matter of taking a chance and jumping in at the deep end. However, the greater the passion you have for a particular market, the better. Knowledge works best in cooperation with enthusiasm.

It’s also worth assessing your own lifestyle and needs. By its very nature, trading is a highly time-sensitive industry, and knowing how to manage your time is the ultimate key. Be aware of the different time zones and when and where deals are made. Can you stay on top of this on a regular basis? Can you deal with the adrenaline associated with the rise and fall of stocks? Be prepared to make a plan, and be as economical with your time as you are with your finances. Do what you can to glean knowledge and experience from your peers and your competitors, as well as professional agencies that can help show you the ropes.

There are many opportunities available; it’s just a matter of planning ahead, managing your time, and also working on how to handle pressure in challenging situations – or in some cases, revelling in it. Academic skills and life skills both come into play here; ultimately, the best educator is experience.

Helpful Tips When You Want A Job


It is easy to talk about how much you dislike your job, until it is gone and you are unemployed. At that point, they realize they were fortunate just to be employed! You need to act fast if you don’t have a job. Use these tips in order to successfully reintegrate into the workforce again.

Always dress up for your job interviews, even if you will not need to dress professionally on a daily basis. Even if the workplace is a casual one, you still need a nice appearance to impress your interviewer.

It’s important to prepare when searching for a job. A resume that contains current information is required. Update your old cover letter, and include any new developments with your experience. List your accomplishments, and include your educational background. This should include education, job experience and professional references who can vouch for you.

Always plan to be at work early. Many things can happen that can hold you up. Give yourself plenty of time to get there. That way you will be able to build a consistent record of timeliness, which is something that employers value highly.

Continue to learn and grow. The work world is always changing, just like technical things do, and you must show that you can keep up. If you wish to stay current, you have to stay on top of all of these changes. Go to classes on subjects that you wish to know more about, and attend seminars. This knowledge could just give you the edge over other candidates when it comes time to hire.

Keep your attitude in check. Failure is almost certain at some point, so take this with a grain of salt. Never skate along with simply unemployment wages, or you’ll easily become complacent with your current life. Make goals for yourself and fill out as many applications as you can.

Keep in mind that the resume represents only one small part of the big picture. Make sure it’s up-to-date and fresh. There are many other factors that play into you landing the job or not. Applicants who are dedicated and enthusiastic will be considered above those who do not show those traits. Show off what makes your qualifications special.

Success comes to those who dress for it. Pay attention to your grooming and dress in an outfit that is tasteful and appropriate. Employers will pass judgement on you based on your initial appearance, so make sure that you make a good impression.

When you’re going to apply for jobs, you must not count on only one thing going through. Until you sign on the dotted line, you’re still unemployed. Keep all avenues open until a job is locked down. Your odds of scoring a position are much higher if you submit a large number of applications.

If you need to find someone to work for you, it’s a good idea to have patience. You may find yourself in need to hire new people to meet new business requirements. Hiring too quickly can lead to unqualified employees. Even worse, certain states have laws that make it extremely hard for you to terminate an employee.

The day you know you’ll be unemployed, go to the unemployment office. Do not wait for your severance to end, or until the last day you work. Sign up right away so that all the red-tape and paperwork will have time to process before you are penniless.

The right resume will help you land the job that you desire. Your resume needs to be very organized so that employers can determine your background easily. The resume you submit should highlight your education, experience and what you can offer. Also, be sure that you add contact information and any experience you have with volunteering.

Network within your field. Successful networking makes use of strategies and goals that can help you build some meaningful professional relationships. Use public events, seminars, and online forums to surround yourself with the people and ideas within the industry. Network as often as possible so that you can learn how to become a leader in the industry you’re in.

Online templates are great for creating a resume. There are a lot of things out there that can help you depending on what you need. Determine what aspect of your resume you’d like to highlight and then find a template that will help you reach this goal.

After applying for jobs, expect phone calls from some prospective employers. Answer your phone mindfully. You need to show that you are taking the job hunt seriously, as well as taking them seriously, so that you can make sure the first impression you give them is a good one.

Prepare for an interview in advance. Choose what you will wear and place your documents and other paperwork in a binder or briefcase ready to go. You need to make sure that your morning will run smoothly so you can have time to arrive to your interview.

Never settle for anything less than you deserve. You may not be appreciated enough if you take a less-than-ideal job. Find out how much you’re worth by using an online salary calculator. Your potential employers will realize you are not a fool if you take the time and care to be treated properly. If you have low self-esteem, a potential employer might be put off.

Find out what tasks are the responsibility of the other sections in your office. Each department may requires different skills than those needed to perform the specific tasks you do each day. Seeing the big picture will help you to carry out your tasks more mindfully and efficiently. What do other people at the company do? Learn about their values and beliefs.

When you are unemployed, life can be very difficult and you may feel very insecure until you have a new job. We hope that this article will point you the right way in your job search. Remember to keep your chin up — it won’t be long until you are fussing about conditions in your new workplace.

10 Common Student Loan Forgiveness Myths


If your student loan debt is piling up around you, and you’re starting to feel that no matter how much you pay each month, you’re only putting a drop in the bucket, it might be time to consider student loan forgiveness. Though not everyone is eligible for student loan forgiveness, it can be extremely beneficial if you are one of the lucky few. There are several misconceptions about student loan forgiveness, and many make it seem like it’s more of an expense, or that there are too many requirements involved for it to be a viable option. Luckily, many of these beliefs are myths that can be put to rest once and for all. Here, 10 of the most common student loan forgiveness myths, and the truth behind them. For more information about these myths, check out this LendEDU guide.

MYTH: Forgiveness can only apply to federal loans.
This is commonly misunderstood, but student loan forgiveness is available for private as well as federal loans. Though forgiveness for private loans is hard to come by, students are sometime able to settle on a payback rate that is less than the original, full premium.

MYTH: Student loans won’t be wiped out in bankruptcy.
This one can be difficult, but it’s definitely not impossible. To achieve this, the student must prove that being held accountable for the student loan payments will cause them “undue hardship.” Though many people feel that loan repayments are an undue hardship themselves, genuine circumstances would have to be provided. An additional benefit to this method is dealing with an attorney rather than a creditor.

MYTH: Asking for student loan forgiveness help will cost you more money.
Many people have come to believe that they need to hire someone to help them figure out their student loans, but this is not the case. There are a lot of online scams that do charge you money, but a good way to look out for such things is to keep an eye out for buzzwords such as “processing fees”. Free tools are available through the Department of Education.

MYTH: Students are responsible for fraud committed by the school they attended.
This is not the case, and students who attended schools whose administrators committed fraud and/or broke state laws while they were in attendance, are likely eligible for a cancellation on repayment of loans acquired during that time. This is known as “a defense of repayment”.

MYTH: Only consolidated loans are eligible for public service loan forgiveness.
While it is more common for consolidated loans, all direct loans are eligible for forgiveness. The Department of Education has information on this subject for students who need it.

MYTH: An employer certification is needed for Public Service Loan Forgiveness (PSLF).
In many cases, an employer certification is encouraged, but it is not required.

MYTH: Teachers are automatically qualified for PSLF.
While this may seem likely, there are actually many restrictions of teachers qualifying for student loan forgiveness. For example, if graduates work for a for-profit school, they are likely out of luck when it comes to student loan forgiveness. It is important for everyone, teachers included, to read the requirements for PSLF so that no one is missing out on an opportunity to save money on their student loans.

MYTH: Parents don’t qualify for student loan forgiveness.
When students are unable to take out loans on their own, their parents typically sign or so-sign the loans for them. While Parent PLUS Loans are not eligible for forgiveness, they might qualify for Income-Contingent Repayment, which is a repayment plan for PSLF.

MYTH: A missed loan payment means starting all over.
Not true! Missing a payment for one month means setting off the full repayment by one month, not that the entire repayment process starts again! This may also cost you additional money in late fees.

MYTH: Student loan forgiveness is for everyone.
Student loan forgiveness is a big choice, and one that is definitely not for everyone. It should be thoughtfully considered, and employment status, income, and amount for repayment should be considered before deciding to take action towards loan forgiveness.

Student loan forgiveness is a big step in your financial life, and one that should not be taken lightly. There are many, many misconceptions when it comes to student loans, and to student loan forgiveness specifically. These are 10 common myths that have been cracked in order to help students like yourself come to an easier, smoother conclusion about your financial future.

Compare the Market to Avoid Overpaying


“It is easy to pay too much in fees and interest rates for home loans. Those with a damaged credit history may feel it is worth accepting the first offer. That would be wrong because good online lenders are willing to listen to good applications and respond with competitive quotations. ”
There is legal protection for people who are looking for real estate finance. If you are looking to refinance or want an installment loan based upon the equity you hold in that home, the Home Ownership and Equity Protection Act (HOEPA) identifies practices by unscrupulous companies that are acting unfairly or trying to deceive. One of the first principles when looking for finance is to talk to a company that has built up a reputation and is committed to providing a good service.


* For others the Act requires compliance with a number of principles if:
* Your original mortgage’s APR is more than 8% points above rates on Treasury securities over a comparable term.
* The second mortgage is more than 10% above those securities
* The fees chargeable exceed as specific figure or a specific percentage of the total loan.
* The Act requires disclosures by the lender three days in advance of closing on the loan:
* Written notice must state that the loan need not be finalized even though the agreement has been signed.
* Written notice of the consequences of default.

The detail of APR, monthly payments while if the rate is variable an explanation of the consequences of the APR changing.
For payments over a year in term, there are limits on the lump sum that can be required to finally pay off the principal. This is one of a series of features that are banned and it is essential for anyone seeking finance to understand those features or seek advice from someone able to explain the situation. There is an expectation that borrowers will behave ethically of course.

The real estate market has stabilized. For a time it was difficult to value property and hence to identify the collateral in a house. It is easier now but there is a condition of lending that aims to avoid the toxic debt that led to Collateralize Debt Obligation Crisis when affordability was often ignored by lender and borrower. Their logic was that growth minimized any risk. Today lenders must take into account whether a borrower can afford the installments even if there is significant equity in the property.


Borrowers have rights that they can exercise if they feel they have been deceived in any way. You can get compensation and costs but it is so much better to think about your financial situation in the first place. You should do your research from the start.

Today’s online lenders are different from the traditional members of the financial sector. Traditional institutions often reject an application for finance on credit score alone. That is no reason for anyone to be driven towards companies that are feeding off the desperation of people in need of help. If you have a regular income and are realistic in your financial requests you are likely to be approved for a loan by online lenders. They look at affordability as their primary way to approve an application. Anyone that looks capable of paying back a loan over the term should get approval, and quickly.

There are acts such as HOEPA to protect innocent people from unscrupulous companies but surely it is so much better to minimize the chances of facing problems in the first place? That means dealing with financial companies that have demonstrated their integrity time and again.

Top tips for buying a home with your significant other

couple having fun

Moving home can be a stressful time for many. Buying a home even more so. Getting on the housing ladder is the number one goal in the path to happiness, it adds security and a sense of well-being and lays the foundation to complete other life goals such as starting a family. However, with so many important and often complicated processes and hoops to jump through when getting a mortgage it can seem daunting. It doesn’t have to be like that. The excellent infographic below, recently created by Experian, lays down some important considerations when buying a home with a partner.



9 Tips for Buying a Home with a Partner by Experian at


Helpful Advice You Should Read About Debt Consolidation


Debt consolidation can be a good way to improve your financial situation and get out of debt for good. Debt can become overwhelming and cause many people to worry about their future. Knowing how you can consolidate it can open many roads for you. Read this article for excellent information on debt consolidation.

Before starting any debt consolidation program study your credit report. They can help you understand the depth of your financial problems and reveal patterns to help you see where you went wrong. Learn from your financial mistakes so that you do not make them again.

Make sure that your debt consolidation firm will help you with long-term finances. Make sure that they can help you tackle your current issues and those that may arise in the future. Some organizations offer services to help you avoid financial problems in the future.

Just because a debt consolidation is non-profit does not mean it is your best option. It is a common misconception that this label indicates a firm is a step above the rest. A good way to verify the reputation of a business is to consult with the BBB.

You can get out of debt using a life insurance policy. Cashing out your policy can help you eliminate some of your debt. Find out just how much money you will be able to receive against your policy. Sometimes, you can use some of your payments into that policy to pay off debt.

Let your creditors know if you are working with credit counselors or a debt consolidation firm. They may be willing to discuss alternative arrangements with you. This is essential, since they would otherwise be unaware of the steps you are taking. Just having an intention to get things straight goes a long way with a lot of companies.

What caused you to go into debt? You don’t need to run into this again five years down the road. Dig deep down to determine what caused your debt to prevent it from occurring again.

Try to avoid scams at all costs when choosing a debt consolidation program. If something appears too good to be true, then it is most likely exactly that. Make sure to ask tons of questions of your lender and get answers prior to entering into any agreements.

When you are considering debt consolidation, decide which debts should be consolidated and which should not. It makes no sense to switch balances from a charge card that doesn’t charge interest to one that has a high interest rate. Look at each of your loans and then make a decision.

You may be able to get a loan from a loved one if you can’t get one from elsewhere. If they agree, make sure that you tell them when and how you will be paying them back. If you have a set date to repay the money, make sure that you pay them. It is a bad idea to ruin a personal relationship if you can avoid it.

Getting your debt in check can help many aspects of your life. It’s possible you’re being harassed by all sorts of creditors that you can’t pay back. A lot of the time you can use debt consolidation to get out of these situations. Be smart about the way you approach debt consolidation and use all that you have learned from this article.