Thursday, August 18, 2011
Friday, July 22, 2011
Get out of debt NOW.
Clearing a financial debt is a process that needs thorough discerning and significant lifestyle changes. It will then resolve the question why arrears came up in the first place. The following are some ways on how to get out of financial debt. Here is how you can achieve financial freedom, given here some effective debt reduction strategies
1.Make a spending plan. Write down debts, the daily expenses, and the monthly pay checks. Label unnecessary outlays such as eating at expensive restaurants or buying useless gadgets. Create a realistic budget for the monthly expenditures. Buy only those that are needed, and do not spend too much.
2.Voluntarily cut the credit card. It is more favorable to financial companies than an involuntary closing of a card. Once a debt has been paid, close the account to avoid further spending.
3.If a credit card must be used, lower the credit line and close all unused cards. Use it every month, only make small purchases, and pay them off immediately to avoid interest. One to two credit cards are enough.
4.Use discount coupons, keep an eye on supermarket sales, and get the least expensive.
5.Deal with creditors practically. Being honest with the reason for payment difficulties will help solve the debt since most creditors are willing to work with their client. If both parties agree, make an arrangement about payment schedules and stick to them.
6.Another debt reduction strategy is apparently to increase your income. It may be an additional job whether it is part-time or full-time, market your assets or even unimportant belongings such as clothing and appliances.
7.Prioritize the credits. Secured ones such as house and car loans should be on top followed by those that will be deducted from your salary such as student loans or IRS. Next are unsecured debts such as credit cards and ATM cards. Lastly, the presumed most understandable creditors: family and friends.
8.Another way is to pay small debts first to allow a sense of achievement and to free some money for the bigger credits. This is called the debt snowball method. Psychologically, this technique gives out a feeling of accomplishment and somehow a reassurance of clearing all debts.
9.Consolidate debts and pay them online. Consolidating will remove the worry of forgetting one credit, while online payments are very handy and secure too.
10.Perhaps the most certain way to clear and prevent debt is to learn how to control finances and live life frugally.
1.Make a spending plan. Write down debts, the daily expenses, and the monthly pay checks. Label unnecessary outlays such as eating at expensive restaurants or buying useless gadgets. Create a realistic budget for the monthly expenditures. Buy only those that are needed, and do not spend too much.
2.Voluntarily cut the credit card. It is more favorable to financial companies than an involuntary closing of a card. Once a debt has been paid, close the account to avoid further spending.
3.If a credit card must be used, lower the credit line and close all unused cards. Use it every month, only make small purchases, and pay them off immediately to avoid interest. One to two credit cards are enough.
4.Use discount coupons, keep an eye on supermarket sales, and get the least expensive.
5.Deal with creditors practically. Being honest with the reason for payment difficulties will help solve the debt since most creditors are willing to work with their client. If both parties agree, make an arrangement about payment schedules and stick to them.
6.Another debt reduction strategy is apparently to increase your income. It may be an additional job whether it is part-time or full-time, market your assets or even unimportant belongings such as clothing and appliances.
7.Prioritize the credits. Secured ones such as house and car loans should be on top followed by those that will be deducted from your salary such as student loans or IRS. Next are unsecured debts such as credit cards and ATM cards. Lastly, the presumed most understandable creditors: family and friends.
8.Another way is to pay small debts first to allow a sense of achievement and to free some money for the bigger credits. This is called the debt snowball method. Psychologically, this technique gives out a feeling of accomplishment and somehow a reassurance of clearing all debts.
9.Consolidate debts and pay them online. Consolidating will remove the worry of forgetting one credit, while online payments are very handy and secure too.
10.Perhaps the most certain way to clear and prevent debt is to learn how to control finances and live life frugally.
Monday, March 7, 2011
Shacks in Gugulethu, Cape Town
Gugulethu is a township 15km from Cape Town, South Africa.
Some random pics of shacks in Gugulethu.
Some random pics of shacks in Gugulethu.
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