3 More Of The Recommended Blogs About Managing Money

Posted on September 2, 2008
Filed Under Trading General | Leave a Comment

Where are all the money blogs? Long time passing … just joking, there are hundreds, thousands of money blogs out there. Nobody could possibly follow all of them. So, which ones are worth reading?

I like this blog, which covers credit cards, debt consolidation, refinancing advice, investment strategies and wealth building. There are some very thoughful posts in here, and it’s rare that you find a money blog these days that actually says something you don’t already know. Well, it’s rare for me, and I am sure it’s rare for you, my discriminating reader, as well.

Some blogs try to cover to broad an area, and you find posts about basketball and baby poop interspersed with the financial articles. This one is not like that. It’s broad in the range of financial topics it tackles, but remain focused on money, finances, and investing.

I have been reading a fairly comprehensive blog about making money, saving money, investing money, refinancing advice, debt reduction, debt consolidation and financial independence. The general level of intelligence in the posts is a notch above the average internet page. One of the problems with the internet is that any fool can write and publish any article on any topic, and Google’s quality checking alogrithm doesn’t measure the intelligence of the content, just its relevance and uniqueness.

This blog has some good thoughts, reasonably well expressed, and that sets it head and shoulders about the average Adsense-financed “wall of words’ junk content that is proliferating around the internet on a daily basis.

Worth a look is this blog about pretty much all personal finance topics - interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation. The occasional post might be too specific to be of interest to a broad market, but most posts will be at least mildly interesting to the average reader, and there is an occasional gem as well. Make sure you check the archives, because you can find timeless material that is quite useful hidden in the depths.

It’s particularly good on strategy, and thinking about your overall financial situation. Any individual tactic is just a piece of the puzzle, and without a co-ordinated financial plan you cannot possibly get the best benefit out of any given tactic.

I think that most consumers could benefit from reading about making money, saving money, investing money, refinancing advice, debt reduction, debt consolidation and financial independence on a regular basis. Money blogs are not the only way to gain this information, but they are convenient, provide bite-sized chunks of information, and if you choose well, provide reasonable quality information. Generally they are written in a readable style and break the information into small enough chunks that you don’t get overwhelmed.

I would recommend keeping an eye on the blog at moneytalksabout.com/blog. This blog pulls together RSS feeds from several other good quality money blogs, which saves time and effort in surfing around the internet to each blog. There are good quality original posts from time to time, as well, and Money Talks has a good reputation for no-nonsense content.

As you can imagine, this handful of recommendations is not going to cover the full gamut of money blogs. Quite apart from the existing crowd, new money blogs come into existence every day. There will be hundreds of undiscovered gems available elsewhere. Please add a comment with the URL of your favorite blogs about making money, saving money, investing money, refinancing advice, debt reduction, debt consolidation and financial independence, and tell me why you like them. I look forward to hearing your thoughts - and learning something new!

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Check It Out! Best Blogs About Finances

Posted on August 31, 2008
Filed Under Trading General | Leave a Comment

The internet is loaded with blogs about money. Let’s face it - we need the help! We’re not taught much about money in school, and we definitely need to know a fair bit about financial issues just to keep our heads above water these days. But which of these blogs are worth reading?

I like this blog, which covers interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation. There are some very thoughful posts in here, and it’s rare that you find a money blog these days that actually says something you don’t already know. Well, it’s rare for me, and I am sure it’s rare for you, my discriminating reader, as well.

Some blogs try to cover to broad an area, and you find posts about basketball and baby poop interspersed with the financial articles. This one is not like that. It’s broad in the range of financial topics it tackles, but remain focused on money, finances, and investing.

I don’t like to play favorites, but this new blog is shaping up to be one of mine, I think. It’s pretty comprehensive, tackling interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation, and I am looking forward to seeing how it develops. I think you need a broad mix of topics to truly cover planning for financial independence, and a range including interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation is just the ticket.

I like the references to authors like Suze Orman - it’s always good to see bloggers making references of any kind, rather than spouting opinions as though they have sone God-given right to give advice ex cathedra. And Suze’s advice is good and solid, timeless no matter what chaos is breaking loose in the financial markets.

I’m deviating a little here, because generally I go for broad-based money blogs which offer a selection of topics, posting about interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation. In this case, though, I’m making an exception. Sometimes, a tightly focused blog can give you more detail than a broader blog, and that can be very valuable in itself.

This is a blog about credit cards - credit cards, debt consolidation, gift credit cards, credit card interest rates, best credit cards, credit card debt, credit card payments, credit card issuers, and how to reduce credit card debt. When you take a topic like credit cards, it is quite fascinating to delve into the depths of knowledge about a laser-focused topic. Gift credit cards, for example - I had never given them a second thought, but the pitfalls there are incredible! Credit cards are one of the largest financial hurdles in our modern life, and one of the most poorly-understood mass financial instruments. Any education about credit cards is good, but this blog is particularly comprehensive.

In general, I would recommend keeping an eye on the blog at moneytalksabout.com/blog. This blog pulls together RSS feeds from several other good quality money blogs, which saves time and effort in surfing around the internet to each blog, and the posts which are made directly to the Money Talks blog itself, in between the syndicated posts, are always good value.

I think that most consumers could benefit from reading about interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation on a regular basis. Money blogs are not the only way to gain this information, but they are convenient, provide bite-sized chunks of information, and if you choose well, provide reasonable quality information.

Of course, this handful of recommendations is hardly the be-all and end-all of money blogs. New money blogs come into existence every day, and there will be hundreds of undiscovered gems available elsewhere. Feel free to add a comment with the URL of your favorites, and why you like them. We can all help one another to sort the wheat from the chaff, and together we can pinpoint the best money blogs to be reading today.

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New Blogs You Need To Read

Posted on August 30, 2008
Filed Under Trading General | Leave a Comment

There is no way to read every blog about money. In fact, I doubt there is any way even to count them all. The best one can do is sample them. As part of my non-comprehensive random-walk survey of money blogs online, may I present a small selection of the results for your delectation. I have avoided the obvious mega-blogs powered by media and other vested interests - who wants to read more of that rubbish? Read them at your peril. But apart from that, this selection ranges from the tiny and specific to the eclectic and very amusing. Enjoy.

I have been reading a fairly comprehensive blog about saving money, investing, reducing debt, paying off credit cards, creative refinancing ideas, interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation. The general level of intelligence in the posts is a notch above the average internet page. One of the problems with the internet is that any fool can write and publish any article on any topic, and Google’s quality checking alogrithm doesn’t measure the intelligence of the content, just its relevance and uniqueness.

This blog has some good thoughts, reasonably well expressed, and that sets it head and shoulders about the average Adsense-financed “wall of words’ junk content that is proliferating around the internet on a daily basis.

Here’s a neat little blog covering a range of financial topics including how to save money, ways to earn extra money, how to reduce debt, how to reduce mortgage payments, ways to reduce credit card debt, and how to become debt-free. It’s pretty new, so we shall see how it develops, but the start is promising. There is some original thought going in here - I know! Remarkable, isn’t it?

The advice is good, solid, reliable advice based on financial fundamentals, not the fad of the day or the latest get-rich-quick scheme. You can bookmark and return to posts and find them just as valuable weeks, months, or years later. This is education rather than entertainment or space-filling, and all too rare in the online mental junk food industry.

This is a variation in strategy, a blog about saving money, reducing debt, creative refinancing ideas, interest rates predictions, refinancing for debt consolidation, mortgage refinancing, reducing expenses, reducing monthly payments, and vehicle refinancing. Normally, I prefer blogs about a variety of financial topics, because financial independence requires a strategy across all aspects of one’s financial life, so a blog about saving money, investing, reducing debt, paying off credit cards, and creative refinancing ideas is more likely to add value than a blog about one specific aspect of finances.

I am making an exception in this case, because the mortgage is usually the largest financial commitment a person makes, and managing a mortgage well can make the difference between financial independence and a lifetime of indentured slavery. Many of these posts are very educational, well-written, and easy to understand, and mortgage finance is one area where the average consumer could do with being much better educated - just look at the foreclosure rates!

In general, I would recommend keeping an eye on the blog at moneytalksabout.com/blog. This blog pulls together RSS feeds from several other good quality money blogs, which saves time and effort in surfing around the internet to each blog, and the posts which are made directly to the Money Talks blog itself, in between the syndicated posts, are always good value.

I think that most consumers could benefit from reading about saving money, investing, reducing debt, paying off credit cards, and creative refinancing ideas on a regular basis. Money blogs are not the only way to gain this information, but they are convenient, provide bite-sized chunks of information, and if you choose well, provide reasonable quality information.

Of course, this handful of recommendations is hardly the be-all and end-all of money blogs. New money blogs come into existence every day, and there will be hundreds of undiscovered gems available elsewhere. Feel free to add a comment with the URL of your favorites, and why you like them. We can all help one another to sort the wheat from the chaff, and together we can pinpoint the best money blogs to be reading today.

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The Art Of How To Balance Your Credit Card Debt

Posted on June 9, 2008
Filed Under Trading General | Leave a Comment

A lot of persons have struggle with debt. By far, the most usual cause of this problem is the mismanagement of credit card debt. Credit cards can be a wonderful instrument – they can help you establish credit, and give a practical way to borrow money when you need to without having to re-apply every time. Nevertheless, many persons do not use credit cards responsibly. They pin] them as a way to rather than a practical way to borrow money simply|only when it is required. This results in reckless buying, which leads to credit card bills that quickly spiral out of hand. Best solution is to get free secured credit cards.

The finest solution for persons who have gotten out of control in their credit card spending is to merge their debt. Once the debt is consolidated, there will be just one monthly payment to think about, and usually the amount is much lower than the combined payments of the debts that were consolidated. Individuals who merge their debts are frequently able to be given a lower interest rate than they were once paying on their credit cards as well. This can result in a substantial savings on the cost of interest charges over the course of the debt consolidation loan.

One more benefit of credit card debt consolidation is that it is usually possible to discuss payoff settlements with your creditors when you go into debt consolidation. A debt settlement company can assist you with this if you do not want to negotiate with your creditors directly. You can frequently get your creditors to settle for up to half of the amount due if you are able to pay the debt off in a lump sum. This results in an even greater savings for you through debt consolidation.

Don’t think that your problems are solved after you get your debt consolidation loan, however. The underlying cause at the basis of your problems is still there. Your feelings about money and your spending habits are the real problem; credit card debt is just a indication. You have to take some time to examine your spending habits. Decipher when, where and why you are most susceptible to the persuasion to charge things you don’t really call for and take actions to modify your spending habits. If you don’t, you will end up in the same condition time and again. If you can’t have power over yourself when it comes to credit cards, it’s better to just discard them.

Prior to getting your debt consolidation loan, you’ll have to go through your statements and work out how much you owe each creditor so that you’ll know how much you have to borrow. Get a duplicate of your credit report and check to see if there is anything you’ve forgotten about. Whilst you’re at it, check your credit report for inaccuracies and talk about anything you discover that is inaccurate.

Don’t apply for a lot of debt consolidation loans at once. That will lower your credit score. Do your research first and decide which company you would like to work with, then apply for the loan from that company only. Better not go looking for any low cost credit cards.

Once you have received your debt consolidation loan and have used it to pay off your debts, it’s time to start rebuilding your credit. Ensure you pay every payment on the debt consolidation loan, and any other debts you may have, on time. Do not charge anything on your credit cards while you are repairing your credit. Beware of falling back into the habit of abusing credit cards. You don’t want to fall back into that trap again. With time, if you can continue to pay your payments on time, your credit will be remade.

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