'Live Debt Free to Be Free'

The first step to be debt free is a planning for budget and then trying to save money by living a simple life. Because it is not advisable to stay in burden.
But how to plan our finances that after few years it becomes easy to live bebt free life?

Free household budget plan and simple debt elimination plan is provided by
Simple debt free living.
Their motto is:"Live debt free to be free"

It provides plan, ideas, and resources for debt reduction, personal budgeting, and frugal living.



This site is created by "Cheryl" with her family support. She says about this site:
"Our mission is to help families take back control of their personal finances to become, and live, debt free. We hope to do this by sharing our reseach and experiences during difficult financial times.
I am not a professional financial advisor. My advice for debt free living, debt management, and household budgeting is just that, advice. I started this website to share my family’s story of becoming debt free. I want to share experiences that teach our children, through our example, the age old principles of financial responsibility and success and consequently develop strong family values."

Their blog provides news and fresh posts.

* Read "Money saving articles

* Read many articles at money saving, debt management, money saving household budget and a lot more at this site.

* Sing up for Cheryl's Sensible Cents Money Saving Tips Newsletter here

Read more...

Read articles on finance and business at "Money Matters 101"

Money Matters 101.com is mainly an article based site which provide you many useful posts on finace and business topics. We can learn many tips and techniques from the articles.

Mission:
Providing clear, simple, easy to understand information about business and finance.
Let's have a look at few of the article catagories:

About credit:
The better your credit, the more willing companies and people will be to lend you money.There are tips to establish Good Credit history
Link:credit

About debit:
Many people don't believe that it is possible to be totally debt free, but it is a realistic goal. In order to reduce the burden of debt in your life, make a plan to become debt free and work towards your goal.

Full article: debit

Student debt:
Heavy debt accumulation starts in college. Before many students graduate, they are burdened with student loans, credit card debt, and car loans that follow them out of college and for years into their future.

Although student loans are a necessity for most students to pay for college tuition, they are still loans and they have to be paid back.
Credit cards are offered to students even when they have no viable way of paying the bill and students eagerly accept them because they feel a need to have the extra buying power.

More at this link: student debt

- Learning How To Balance Your Budget

There are a lot of more articles, which you can read there.

Read more...

Review: "Consolidated credit.org"-

Consolidated Credit.org not only helps you in debt management and credit counseling but it educates you to stay debt free.
Consolidated Credit Counseling Services, Inc., founded in 1990, is an industry leader in providing credit counseling and debt management programs throughout the United States. It is a one of the biggest credit counseling agencies in the country.

First introduction of the site is that Consolidated Credit is a member of the Better Business Bureau, the United States Chamber of Commerce, the Greater Fort Lauderdale Chamber of Commerce, the Association of Independent Consumer Credit Counseling Agencies, and the American Collection Association.

Mission:

"To help families end financial crisis and solve money management problems through education and professional counseling."

What more you get from it?

- At their Free budget and debt analysis section you may get free analysis report by entering data.
- At debt learning center there are a lot of useful articles about debt, credit, budget, debt management, and more.
- Free self help booklets These booklets are in pdf format and ready to download.

- There are many useful and valuable informative posts like as: Understanding Debt
- How Debt Management Works
- Understanding Financial Terms

Read more...

"Debt free direct"- Giving you impartial and free advice

When you are under stress due to your loan or debt problems, better to get advice from the person who could suggest you a practical and honest solution. There are many online resources which can help you in this regard.

Debt free direct.co.uk is the site where you get advice, covering a range of options, so you are free to chose your way to debt free yourself. "Helping people to overcome debt problems" is their motto.
They gives you FREE best advice.

Mission:
To suggest effective debt solutions using our sophisticated Best Advice Model (BAM) - BAM quickly and accurately analyses the information on each person's situation and recommends the most appropriate, least drastic solution for them.
What they say about themselves:

"We help anybody who calls us about their debt problems and we never charge for our advice which is always given objectively and without obligation. We don’t pass judgements and we respond seriously to callers’ concerns.

Above all, we understand how much stress debt can cause and we work to help thousands of people, even campaigning hard to have the whole debt industry more tightly regulated. When you ask for our help you’re free to follow our advice or ignore it but you’ll always be better informed."


Their Debt FAQ's section provides the answers to the most frequently asked questions about general debt issues to help you.

For example about "debt management plan" it says:
What is a debt management plan?
A Debt management plan is an arrangement between yourself and a Debt Management company who agree to supervise and distribute your debt repayments to your creditors. Some people can restructure their repayments into a more convenient plan and you won't have to sell your home as part of the agreement. Interest charges are not usually stopped and Debt Management companies may or may not charge a fee for their services - Debt Free Direct would only ever recommend non-fee charging companies.

About the company:
Debt Free Direct Group plc and its subsidiary Debt Free Direct Limited are registered in England under the number 4160038 with their registered office at 70 Great Bridgewater Street, Manchester, M1 5ES

To know more about the site and what they do:
Honest, independent and effective debt advice

Read more...

"Financial freedom" - a site with a different approach!

Getting rich is everyone's dream, but how many of us have patience to learn from examples around us. There are many real stories around us which are enough to learn about getting rich from zero finances. But definately first steps towards financial freedom is to make planning and working towards getting the goal of being rich.

Financial freedom provides useful information about debt, insurance, budget, saving, and more.
This site is from Mike Coe, who is from San Clemente, California.

Story behind the creation of the site:

In 1987, Mike had accumulated debts totaling nearly $700,000. Through a series of circumstances, he and his wife began searching for help in the area of their finances. After several months, it became clear to them that God wanted them to get out of debt. They totally surrendered their entire financial lives to God and began their journey towards financial freedom. By learning and applying God’s principles for financial freedom they were able to become totally debt free within 10 years.

In 1996, as a result of their personal experience, Mike founded the non-profit teaching ministry, Christian Oriented Education, Inc. (C.O.E., Inc.). The aim of their ministry is to help Christians understand God’s plan for financial freedom.

Mike conducts financial seminars and teaches an on-going weekly class on personal finance in his local church. Mike and Sue Marie have been helping people understand the practical and Biblical principles involving money management through seminars, classes, and personal counseling since 1992.

What is COE?

Christian Oriented Education, Inc., is a non-profit, teaching ministry aimed at helping people live life more skillfully. The primary focus of this ministry is aimed at providing education in the area of personal finance.
More at: About C.O.E.,INC.

What they say about debt?
The sad truth is that most Americans have been conditioned to believe that debt is a normal part of life. Millions of Americans surrender daily to the bait laid in the trap by marketing professionals whose #1 goal is to make you feel good about becoming a slave to debt. For example, most Americans today feel that the only way to purchase an automobile is with debt (payments). The question asked today is not, "Can I buy the item?" but rather, "Can I make the payments?".

Credit is the means to pay later for goods or services obtained now. When the privilege of credit is accepted to purchase an item or a service a debt is incurred. With the ease of obtaining credit, Americans are pumping up their current lifestyles in exchange of their future financial well being. Debt has become the cancer that is claiming the financial lives of many households across America."

More at this link:
debt consolidation

About Budget:

"The most important step in getting and keeping control of your personal finances is to establish a monthly cash flow plan or budget. As the old saying goes, "Those that are failing to plan, are planning to fail." With 70% of all Americans living paycheck to paycheck and spending $1.22 for every $1.00 earned, it's no wonder that personal financial failure is more common than success.

The Small Business Administration says that the number one reason small businesses fail is due to a lack of planning. The financial affairs of your household are in effect, nothing more than a small business. The goal of every business, small and large, is to make profits. In regard to your household business, profits equate to savings. So, the number one purpose for a monthly budget is to establish control so as to protect and maximize your savings."

More at this link: budget

- Free article about: Living about debt

Read more...

Spend less to stay debt free!

It seems very easy task, but believe me it is not. Most of the people take loans to spend a comfortable life. But to my experience proper planning and bugdeting can give you a gift of financial freedom.
But how to do it?

Yes, first steps are difficult to take, but deciding that you want to stay debt free is the base of it. There are lot of people who plan for their life and very soon they are able to lead debt free life.
That day I visited the Frugal facts.com blog, which impressed me a lot.

Read what is this blog about and what you can get from it?
(In their own words)

"Quick Frugal Living Tips:
Cut grocery coupons out of the newspaper
Look within yourself and do some personal budgeting
Ask your friends for frugality secrets

Don`t be embarrassed
If you use the following words in your daily life you are well on your way to being Frugal: frugality, frugal living, budget, freebies, shopping, simple living, coupons, saving money, cheap, budgeting, free stuff. If you can apply these terms to your daily life you will save money!

This site is full of money saving tips to help everyday normal folks who want to attain specific goals in their lives, but feel money pressures are standing in their way. We will attempt to educate you on frugal living like: shopping at secondhand stores, cooking and buying food in bulk. Learning to live within a pre-set spending plan is not just a wise financial decision, but life-changing one as well. No matter what your personal or financial goals may be, frugal living can help you reach your dreams."

The blog has many useful posts, such as:

At Frugal Lifestyle Reasons page it says:

Whether you need or choose to adopt a frugal lifestyle, living frugally can help you achieve your financial goals and live through financially tough times.

Whatever your personal or family goals may be, cutting back on regular expenses can help free up money for other, more highly valued, purposes. For example, if your family wants to take an exceptionally nice vacation next year, but you don't want to work an extra part-time job to pay for it, what can you do? Well, an easy solution is to cut back on your regular expenses throughout the year, and then save the difference for your dream vacation."

More topics discussed are really useful and need to check posts:
Adjusting Bad Attitudes, Good Financial Habits, The Families On Board, Establish a Frugal Front, Strengths vs Weaknesses,
Long Term Goals, Digging out of Debt, Budgeting for the Future, Grocery Store Shopping

Read more...

How to be debt free?

An effective way of learning is to get advice, tips and suggestions from the experts or the people who have experienced the same situation and could face the tasks properly. I would be reviewing the sites/blogs or expert advices at this blog, which may guide and help you in getting secure and debt free future.

Wiki How provides a guide in this connection:

5 Steps to stay debt free:

1- Assess your problems. If you are in debt, figure out how much money you owe. Who do you owe it to? Is it the bank, a car dealership, or simply a friend that you lost a bet to? If it is just $0-100.00's look for a job to work and as soon as you get your paycheck, pay-up your debts. If it is a little bit more, keep working until you have worked it all off. If you need more than a few hundred dollars, you can either work it off, go to step two, or both!

2- Change your behavior. If your debt is a result of overspending (for example, you buy mass quantities of everything and/or buy things that you want, but are not necessary for living), do some budget planning. Get a friend who can save and doesn't have the spending habit. Bring him/her along when you need to purchase something. That person will be able to provide some advice to you.
Itemize your highest interest debts (generally credit cards, then car payment, then mortgage, etc.) and make minimal payments on everything but your HIGHEST INTEREST debt. Pay this off.

3- After debt 1 is paid off, put the payment amount that you used to get it paid off in record time into the next highest interest debt, and so on. The new extra money that you put forth into the next debts is called your accelerator margin and you continually build it. Those of you who own Transforming Debt into Wealth know exactly what I mean. You are compounding the money that you are using to pay off your debts. These two steps are IT in a nutshell...except it assumes you have some cash flow.

4- most people try to live beyond their means to temporarily improve their quality of life. This only makes things infinitely more difficult in the future, and impossible to overcome in older age.

5- Prevent debt. Every paycheck, put aside some money for bills, food, and other needed necessities of living, and some money aside to save. Also put aside a little money for non-necessities; it is important to be able to to buy things you want without going into debt. Keep saving money, and paying off bills so that you can pay off your debt.

"Wiki How" provides some tips also:

* Do some budget planning. Plan how you will spend your paycheck
* Don't buy something just because you really want it. Buy only things you need.
* Spend as little money as possible.
* Take up a hobby that involves no money-spending.
* Try to save gas money by walking, biking, skateboarding, etc. wherever you need to.
* Avoid using credit cards! Seriously! The easiest way to avoid debt is never, never charge anything on a credit card. If you absolutely think that you need a credit card (to "help" get a good credit score) use the credit card only for purchases that you can pay off at the time you use the credit card. Pay off your credit card bill completely when it's due. Don't leave anything to accrue interest and definitely don't delay for late payment charges, those are just extra expenses. This way you will earn a good credit score without taking on more debt.

Warning: Do Not! fall into the illusion that living a more show-off life NOW in young years will improve your quality of life and friends. No one cares what you own, and if they do, they themselves are insecure. If you want to have nice things, make sure they're for convenience and you can pay cash for them.

For article archive: How to Be Debt Free
More articles from 'Wiki How':
- Get out of debt
- Choose a debt management program

Read more...

"Debt Steps" -a free tutorial site

Being stress free and having financial freedom is every person's dream, but how to stay debt free and solve our daily financial problems? --
"Debt Steps.com" is a FREE tutorial site which may provide you some solution to your money or financial matters.

Debt Steps.com provides you Free tips and articles to help you to be debt free.

Waht site offers to you?

- Details and reviews on bill consolidation,
- Bankruptcy
- Negotiation
- Settlement of money you owe
- Step by step guide to consumer credit counseling
- tips on handling bill collectors
- borrowing

You may get the solutions or suggestion about these important questions:

- Should you borrow to consolidate your bills?
- What loans and mortgages are available and can you qualify?
- What happens if you file bankruptcy?
- Is your credit ruined if you use credit counseling?
- What does negotiate settlement mean?
- How do your financial choices affect your credit reports?
- What are the pros and cons of bankruptcy, credit counseling, settlement?
- How often can your creditors contact you for payment?
- When does contact cross the line to harassment and how do you protect yourself?

Few article links:
* Free money management tutorials

* Your credit score and making debt relief choices

* Comparing the ways to consolidate debts

• Introduction to debt consolidation loans

Read more...

Why this blog is created?

I believe that we can learn a lot from other's experiences and tips. I love to search at the World Wide Web, and after more than 3 years, I realized that you can still get FREE tips, advice and learn techniques about any topic. So this blog is an effort to share the knowledge to stay debt free. Financial freedom is everyone's dream, but how to do proper planning and what are the sources which can help us in this regard? ----Let's discover!

-You may get links to many sources which may provide you advice or tips for your financial matters.
- You can get advice from experts of money or financial fields.
- I would be reviewing blogs and sites, which are helpful in providing you tips and techniques to stay debt free.
- Debt consolidation, loan, credit, insurance, every money related matters would be discussed.

Read more...