A Budget Doesn’t Limit You, It Gives You FreedomWritten by James Dimmitt
Mention “b” word, as in BUDGET, to a friend and they’ll look at you like you have a third eye growing from middle of your forehead. For most people word budget too often carries negative meanings such as limits, restrictions, living on an allowance, giving things up, no shopping, no fun.
Unfortunately, point they’re missing is that a budget doesn’t limit you but instead gives you freedom. That’s right - FREEDOM. The words “budget” and “freedom” are not mutually exclusive, once you understand what a budget can do for you.
Having and using a budget will give you direction. Your budget is your personal map of how you’re going to move financially from “point A” to “point B” and so on. Would you like to pay off your credit card debt? Buy a new house or car? Save for retirement? If you answered yes to any of these questions, then let me ask you one more - how are you going to do it? What’s your plan?
Let’s take a look at paying off your credit card debt. You’ve decided to lower your debt by adding an extra $20 to your monthly payments. Great idea - as long as you can afford it and you stop using your credit cards. However, you won’t know if you have extra $20 if you don’t know what your monthly expenses are from start. With a budget you may find that you can actually afford more and pay off your debts faster. You’ll have freedom to use your money more wisely and achieve your goal.
Refinance After BankruptcyWritten by Carrie Reeder
Refinancing your mortgage after bankruptcy is actually same as replacing it with an entirely new mortgage. The most common reason for refinancing your mortgage after bankruptcy is to get a lower interest rate and save money over length of your mortgage. It is possible for you to lower your payments and save money each month and there has never been a better time to refinance. Mortgage lenders will consider refinancing your mortgage after bankruptcy because risks involved in refinancing an existing mortgage are extremely low.
You can receive quotes from multiple lenders who are competing for your business, even if you have filed bankruptcy in past. A quick online application will put you in touch with lenders who are experts in refinancing mortgages after bankruptcy. You can be pre-qualified in just minutes and application is quick and easy. Refinancing your home, even after bankruptcy, can lower your payments and even give you extra cash for that well-deserved vacation, to consolidate bills, or to fund your child's college education.
If you thought refinancing your mortgage after bankruptcy was impossible, you will be pleased to learn that you can refinance and dramatically lower your monthly payments with one short online application. Lenders who are anxious to help you find best refinancing package available for your special circumstances will contact you within as little as 24 hours after receipt of your application. A bankruptcy does not have to mean you are stuck with a high interest rate and less than desirable mortgage terms. Mortgage lenders have hundreds of loan programs that will help you meet your financial goals.