Comparing Household Income to Household Debt

What exactly is the picture? According to economists after one has made the necessary adjustments for inflation then one comes to the conclusion that household debt has grown 15% faster than comparative household income since the early 2000’s. This is not good news for a consumer but apparently things have improved slightly from the position […]

Breaking the Shackles of Debt

Cost of debt According to statistics the average US household is paying almost $7000 in interest a year and in most cases this represents almost 10% of the average household income which is estimated to be just over $75,000. That is a large chunk of money out of your available income. Interest is simply making […]

Credit Card Debt in the US

These statistics show a gloomy picture Credit card debt seems to be out of control in the US where the average household is owing over $130,000 in debt and of this amount over $15,000 is for credit card debts alone. It is not only government that is staggering under a very large national debt of […]

3 Ways You Can Start Making Extra Money Today

Many individuals today find themselves stuck in a financial bind. Whether it be that they got laid off, their hours got cut or their bills are more than they can afford on their current salary, it happens to people all the time from around the world. There are tons of people just like you out […]

Tips for Changing Your Mindset to Get Out of Debt

No one ever plans on being in debt. They start out making good money and being able to afford all of the things that they want in life. Then, the next thing they know, they are in over their head and struggling to make sense of what happened. Being in debt can take a toll […]

3 Tips to Better Money Management

Oftentimes, many people feel that they are doing all they can to manage their money appropriately. They feel that there is nothing else they can do to make their financial situation any better. This is even truer when it comes to someone who is already considered low income. After all, how you can possibly manage […]

The 4 Benefits of Debt Consolidation

Managing Only One Debt Instead on Many Debt Management is simple. Instead of various debts with various banks, now you only have one debt. Though the amount you have to pay is more or less the same psychologically its relieving and of course the management is less. It makes it easy for since you do […]

Side Hustle Your Way Out of Debt with Forex Trading

Debt is a four-letter word which everyone is averse to. Still, the majority of the population owes money in one form or another. Whether referring to student loans, credit card payments or mortgages, such situations can be crippling if they are not kept in check (or reversed when possible). In terms of statistics, it has […]

Do Passive Income Opportunities Still Exist in the UK Rental Market?

Creating alternate income streams away from the 9-5 day job is a sure fire way to ease many a differing financial circumstance. Whether reducing debt burdens, creating a nest egg for the future or working towards becoming financially independent, having something in your personal asset column which brings money into the coffers can only be […]

Is there a Plan to Restrict Growth in the UK Property Market?

You would think that growth in the UK property market would be a good thing, right? While this undoubtedly has a largely positive impact on the British economy, there are scenarios where this can create issues for the UK. Take the recent growth that has emerged in the marketplace, for example, which has seen prices […]