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Excel Budget Spreadsheet

Question: What is the eastiest way to deal with credit card debt?

Recently, I was put in a very difficult position due to my husband losing his job. My income was all we were living on and we have 2 kids to care for. While my husband was job hunting I racked up some pretty good charge card debt because I had to pay childcare for two kids as well as our regular bills just from my own paycheck. Leaving nothing left really. So I called the credit card companies directly and had some luck with them working with me. Other places weren’t as nice and could care less where I stand. I am set up with payment plans for some, but as I said, others refuse to really help me.

I’ve spoken to some different people associated with these CC’s and they have mentioned settlement offers. I’m in no position to do this quite yet but it’s definitely an option. Because it’s still a struggle, I pay what I can even if it’s $10. My credit is toast and I’m trying to repair it so am I better off doing small payments or better off saving up for the settlement offers instead?

Answer: Have you thought about speaking to a credit counselor–there are options out there–like a debt managment program. I went with Debt Counseling Corporation–after much research. They helped me with a budget and we found areas that i could reduce and she gave me great tips on saving that i did not think of. You should call them –at least check them out to see what they suggest

http://www.debtcounselingcorp.org

Good debt vs. bad debt

Not all debt is bad. Or, for that matter, good. Find out the differences here.

Free Credit Card Debt Payment Calculator. How To Pay Off Debt.

Question: how do i decrease my debt to income ratio?

I am trying to buy a house and i was told the debt/income ration must be no more than 40% i am at 42%. the only thing i owe is a $25 credit car payment, $393 for a car payment. I make $2626 per month. What should i do?

help!!!!!!
i only hsv $96 dollars owed on my credit card.
this decesion was given with the purchase price being at 174k if he offered to take the price down to $169k and i also qualify for a govt grant of $10k that would bring the price down to $159k. Would this change my det income ratio enough?

Answer: what about rent electric you dont have that

Macquarie Power & Infrastructure Income Fund Announces Fourth Quarter and Fiscal Year 2009 Results

TORONTO, ONTARIO--(Marketwire - 03/02/10) - Macquarie Power & Infrastructure Income Fund (TSX: MPT.UN - News )(TSX: MPT.DB.A - News ) ("MPT" or the "Fund"), which owns and operates essential infrastructure assets, today reported unaudited results for the fiscal year and fourth quarter ended December 31, 2009. "The Fund's operating cash flow in 2009 was lower than in 2008, reflecting outages at ...

Debt to income ratio

Question: Should this single new grad with large student loan debt buy a house?

Relocating for a new job which is offerring a substantial sign on bonus and when combined with my new salary all the mortgage calculators say I can spend $2200/mo on housing and that I can be approved for a $150-250K mortgage. I pay $450/mo in consolidated student loan debt ($80K) and have 2 years left of a $352/mo car payment. I have excellent credit and no credit card debt. I’ll be moving to an area I’m familiar with as I grew up in a town nearby. Should I buy now or rent for awhile first?

Answer: As the name suggests, a student credit card is specially designed for students and is very different from your regular credit card. Because it may be the first time for college students to apply for a credit card, most credit card companies designed their student credit cards to be a form of secured credit cards.

It will help a student to avoid accumulating high amounts of debt because of reckless spending. If you need groceries, or that recommended book but you don't have the money for it, then it may be time for you to use your student credit card. It is good if you start learning good financial habits from your student life itself. Don't use the card to pay for everything and anything. Use it judicially or it will land you in a debt to repay after the college finishes.

It is not unusual to find the representatives of credit card companies promoting student credit card in college campuses. However, finding a right card will take much more than contacting the representative of credit card company. Develop a habit of shopping around and getting the best deal out there. Though the interest rates on student credit cards are relatively low, they also offer a low credit amount. If used judicially student credit card can become the perfect means to build a credit history and jumpstart your financial wellbeing. Read more about it at: http://www.credit-card-gallery.com/article/214,What_everyone_should_know_about_student_credit_cards

Knocking down that mountain of debt

Pay down debt? Buy someone a present? Buy yourself something? In a recent poll conducted by credit counselors, most people said they'd pay down debt.

Debt-to-income-calculator

The Most Powerful Regulator You Don’t Know

William Dudley wasn t the first regulator to endorse the idea of allowing banks to convert debt into equity if they need capital in a pinch, but the president of the Federal Reserve Bank of New York has gone further than any other policymaker in making the case that contingent capital is key to averting another banking crisis.

Tips on How to Lower your Debt