Dec
25
An economist is an expert in the social science of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study of minutiae within specific markets, macroeconomic analysis, microeconomic analysis or financial analysis, involving analytical methods and tools such as econometrics, statistics, economics computational models, financial economics, financial mathematics and mathematical economics. Wikipedia.com
So, what do you think about being Economist? An expert of economics. In our country, who is the person you will think really suit as Economist? Tun Mahathir is my first choice. How about you?
Did you think our country economy turn down this days?
Ps: One good site about Economist. Go here : Economist.com
Oct
21
Reduce your debt by make money online
Filed Under blogging, debt consolidation, debt management, debt problem, debt reduce, debt relief, debt tips, financial, make money, make money online, money | 7 Comments
Many people always said they want to reduce their debt and want to have freedom financial. But they just keep saying and mumbling everyday without do anything about that. I feel bad because many my friends do that and take it easy. So far, i don’t say anyone, but some of them just acting like that. Maybe they lie to me, but lets we said its a good starting if they want to change their life.
So, forget about all debt consolidation or debt management counseling. So, lets think how we can increasing our money to pay all our debt. For some student, i believe they not really have time to do that. They will start paying after they finish their college and do that after they got job. So, how we can make money?
So, this is some idea that i can thought that might be can help us reduce our debt.
- Make money online. If you have internet connection. This is a right time to make money from internet. You can run your own blog and do your blogging job. Join affiliate program and become freelancer. You can take any job like do review posting, do social bookmarking job, making website for small company, designing and others. I believe some of you really good with this right?
- Use your talent. If you have others ability or talent like making some cake or biscuits. Sell your biscuits and cake. If you are student, this is a good job that can help you earn more money and in same time reduce your debt. Sometimes, some student manage to pay all his student loans using their side income like this job. No wonder some student study happily because no need to think hard about their loans. Its a great idea right?
- Use your transport. If you have car. You can rent your car to any person who want to borrow it. Just charge it per hour and per day. I believe you can make a lots of money with that service. But only do that with some customer you really know. If not, might be your car stolen from some dangerous guys. So, be careful. Hoho!
EHm..too many ideas i want to share with you. But its enough with 3 idea from me. I tell you because i already manage to do that. Its good and really make me happy everday. So, how about you guys? Still thinking? Do that now or you still have huge debt forever! 
Sep
28
Did You Know 8 Big Mortgage Mistakes and How to Avoid them?
Filed Under debt consolidation, financial | 2 Comments
8 Big Mortgage Mistakes and how to Avoid them
Applying for a mortgage can be a daunting experience.
It’s not enough that you’re agreeing to take on the biggest debt of your life, one that represents two to three times your annual income. You’re also confronted with piles of paperwork, flurries of fees and a tidal wave of terms, from amortization to title insurance, whose meaning is fuzzy at best.
“Whether it’s a professor at Stanford or a ditch digger,” said San Francisco mortgage broker Leon Huntting, “most people don’t understand the loan process.”
In this confusing and pressure-filled atmosphere, it’s easy to make some mistakes. Here are some common ones that lenders and mortgage brokers see, and what you can do to prevent them.
Not fixing your credit
Mortgage brokers say they’re confounded at the number of buyers who apply for a mortgage with their fingers crossed, hoping their credit will allow them to qualify for a loan.
Before you even think about applying for a mortgage, obtain copies of your credit report and your FICO credit score. Your FICO score is the three-digit number that’s used in 75% of mortgage-lending decisions. You can order your FICO score on the Web for a fee of $14.95, which includes a copy of your credit report.
Doing this at least six months in advance should give you plenty of time to challenge any errors on your report and ensure that they’re removed by the time you’re ready to apply for a loan. You can also see the legitimate factors that are hurting your score and do something about them, such as paying off an overdue bill or paying down credit card debt.
Not looking for first-time home buyers’ programs
These programs, typically sponsored by state, county or city governments, often offer better interest rates and terms than you’ll find among private lenders, said mortgage consultant Diane St. James. Some are tailored for people with damaged credit, while most can help people with little saved for a down payment.
Some of these resources are listed on St. James’ educational Web site, ABC Mortgage Consulting. You can also call the housing agencies for your state, county and city to see what they offer.
Not getting pre-approved for a loan
Many first-time borrowers confuse being “pre-qualified” with being “pre-approved.” Pre-qualification is a pretty casual process, where a lender tells you how much money you probably can borrow based on how much money you make, how much debt you already have and how much cash you have for the down payment.
Getting pre-approval, by contrast, is a much more rigorous process and involves actually applying for a loan. You typically submit tax returns, pay stubs and other information. The lender verifies the information and checks your credit. If all goes well, the lender agrees in writing to make the loan.
In a hot or even warm real estate market, the house hunter who is only pre-qualified is a cooked goose. Home sellers and their agents give much more weight to offers being made by buyers who already have a loan lined up.
Borrowing too much money
Many people take out the biggest loan they possibly can, figuring that their incomes will eventually increase enough to make the payments comfortable. But few first-time buyers have any clear idea of how expensive homeownership can be. Not only will you shell out more for mortgage payments than you probably did for rent, but you’ll also need to cover property taxes and homeowners insurance, as well as higher bills for utilities, maintenance and repairs than you faced as a renter.
Lenders are perfectly willing to let you overextend, knowing that you’ll probably forgo vacations, retirement savings and new clothes for the kids rather than default on your mortgage.
“Mortgage money … is way too easy to get,” said Ted Grose, president of the California Association of Mortgage Brokers. “People tend to overbuy … and that can really stress family life. It’s also a formula for foreclosure.”
Instead of going to the edge of affordability, consider limiting your housing costs — mortgage payments, property taxes and homeowners insurance — to 25% or so of your gross income. That’s a much more sustainable level for most people, financial planners say, than the 33% lenders are typically willing to give you.
by Liz Pulliam Weston
You can see 5 more Mortgage mistakes at this page if you like : More Mortgage Mistakes
Ps: Right now, i know why i need to mortgage or not..
Sep
4
Learn to Eliminate your Debt Now!
Filed Under credit card debt, credit tips, debt consolidation, financial, health tips | 1 Comment
How long you want to be able to eliminate your debt and shopping with your girls without problem?
Debt settlement, also known as our service can help you control debts if you lose your job. Most people do not have an emergency fund to finance unexpected situations such as a job loss, so they end up using credit cards to make everyday purchases. If you accumulate large amounts of credit card debt, our program reduces your outstanding credit card debt, while debt consolidation requires full balance repayment.
When you have a substantial amount of debt following a job loss, a Credit Solutions program reduces each debt total. Our company works on your behalf to relieve debt problems associated with unexpected debt accumulation.
Conversely, debt consolidation loans combine all debts into one loan at a lower interest rate, but you still must repay the entire principal and interest to the lender. Debt consolidation often leads you into more debt because it pays off the multiple debts and transfers them to one loan. Consumers often incur more debt by re-using their paid off credit cards.
Debt consolidation loans can be either secured or unsecured. Secured loans for debt consolidation involve posting collateral, usually a home, for a lower interest rate loan. Unsecured debt consolidation loans do not involve collateral, but as a result, lenders charge higher interest rates.
The amount of time it takes to eliminate debt with debt consolidation depends entirely on the term length of your loan. Yet, our service allows you to pay off debts at your own pace. With our service, you can partly determine the amount and terms of the settlement and repay less debt.
Therefore, debt consolidation takes you longer than our service to repay debts.
Author bio: Brian Williams, a graduate of the University of Texas at Arlington, has 11 years’ experience writing and editing at daily newspapers in Texas. Having worked his way through college and experiencing the transition to professional life, Brian understands how credit affects people’s lives. Learn more about debt relief and owed debt from Brian through Credit Solutions. Credit Solutions is your alternative to debt consolidation.
Ps: Sometimes, we need to learn from others people about debt and loan. We never aspect to learn everything by reading our school books or borrow from library only. Its lame!!
-
Choronicles
-
Advertisements
