Debt is a word that sends a chill down the spine of many a human being. It’s very easy to incur debt but it is very difficult to repay it on time every time. When debts overtake your income and you falter on payments, tension mounts and creditors fall in line to nag you. Only then do you realize the importance of financial planning and proper debt management.
Because, let’s face it: college is just as much about having fun and exploring new freedoms and boundaries as it is about getting an education. You imagine you will be partying, ordering pizza every night, and making new friends. While all of this sounds incredibly fun, you also need to think about how much it costs.
financial management will change how you live your life and will help you achieve financial freedom. Once you know where your money is actually going, you will unconsciously strive to make changes to make sure that it goes to where you want them to. But the important thing here is to come up with a way to know how you will monitor all your finances.
Play The Money Game- my wife and I are constantly playing money games with our 6 year old son so that he learns the importance of money. We play games like “Bet You Can’t Buy This” where we tell him that he will never be able to save enough money to buy a toy. What he does is starts saving his money for that toy to beat us at our own game. Eventually, he buys it and has the feeling like he beat us, because he DID BUY IT! How can you make similar games with your family. Believe me, it doesn’t matter what age your family is. There are even financial boardgames that are fun as well. Check out Cash Flow For Kids. I have it and my nephews are always asking to play it.
QUESTION 2. Once you select a lawyer, you must discuss with them what type of bankruptcy you should file. There are various types of bankruptcies available to you. Your solicitor should explain all of your options and recommend the best choice for your specific circumstances.
COMMUNICATION – She could have made a greater effort to remain in touch with the lawyer and to keep him abreast of changes in her circumstances, such as her accident and being out of work due to disability from the accident. When time passed without hearing from the lawyer, she could have telephoned the lawyer. When the lawyer failed to return her telephone calls, she could have scheduled an appointment to see him or written him documenting his failure to return her telephone call and asking for a status report and what the next step would be.
Check with your bank if they recommend any particular software. It is useful to take this advice because you are going to need to link to your checking account and you shouldn’t find after buying the software that you are not able to do so.