Author of "Branding You The Brand New You", Caryn home-schooled her 3 children before creating her blog in 2010. Teaching since 1986, Caryn authored, edited and self published several books including Brincely The Brave, The Mastermind eBook, My Grandma's Birthday, Top Tips For Spiritual Living and More. Featured by eZine as an article writing expert, Caryn specializes in Network marketing using the internet. Contact Caryn to create budget friendly websites starting at $100. Teaching online skill basics available. Call for quote 570-460-6961
Who here thinks that any of these are high, mortgage rates, taxes, inflation, gasoline, GDP and income?
Feel free to add any financial factor that you think are high. I ask only one thing: please explain why you think you are high and above all, give a historical perspective. That is a fancy way of saying, are high compared to what or when? A difference is high because I do not like the price. Or, are high because I can not afford them. That sort of thing.
I'm not sure about mortgage rates (although house prices are historically high … that grew too fast and now we're seeing a correction to stabalize prices) and I really do not follow mortgage rates, but keep in mind that all my answers account of inflation … only a dollar not worth what it used to be a value. you must add the interest rates for bonds and short-term interest market rates as indicators / predictors. short-term rates are controlled by the SEC in an effort to avoid a recession (negative GDP growth) and growth positive GDP unsustainable leading to inflation. Short-term interest rates are high for the past few years, but historically low. the lowest is 0% … in fact it is used in extreme circumstances, such as the stock market crash of 1986 … worse than that caused the Great Depression. thanks, Allen Greenspan. has been around 20% in the past, when GDP growth was as high as in the 70's and early 80's. almost every single time, however, the Fed has held rates interest too high, especially in a recession. this is due mainly to the SEC looking at past data, when available, rather than to the future of data. Although taxes are low because the tax cuts (and are lower for everyone who pays income taxes … tax cuts "for the rich" is political spin), tax revenues at historic highs. See, when people and businesses have their own money to invest, the investment objective that are of benefit to people …. and businesses are earning more money today, which means that the government is able to take more even when rates are relatively low. inflation is low today … However, Bernanke, the current SEC chairman, is stubborn to admit the victory … is still low in recent history because it was much higher in 2000. Fed overreacted then raise rates above 6%, leading to recession ever heard of the Bush legacy when he took office. people blame Clinton … but it is practically all in the overreaction of the SEC for Greenspan. I think it is now less than 2% inflation and has been above to 4.5% in the last six years … and much higher in the 70's and 80's. Gasoline pump prices higher than ever. is higher this summer than it was immediately after Katrina, which is the first time that prices broke the previous record during the 1970 U.S. led oil embargo … that hurt the U.S. economy sending it into recession. the fact that we are not in a recession at these prices is another testament to the strength of the current economy. nothing can U.S. consumers stop it seems. GDP is pretty average today. It was as high as 4% in recent years that worries a lot because when the economy grows too fast, inflation rate increases to the problem. It is about 2% now, which is very nice. the economy is not too hot for inflation is a concern and not too cold that a recession is likely. and GDP is very strongly associated with short-term interest rates are controlled by the SEC, Historically, GDP growth is between 1% to about 5%. personal income has reached record highs. both mean and median incomes are higher than ever … ie, the average person earns more than ever, and the middle class earns more than ever. you should also consider unemployment rates are at minimum 50. We have about 4% unemployment which means 96% of the workforce is employed. ultimately, the economy is incredible at this point … but almost never hear of this media. I do not know if they do not want any credit given to this administration (the only thing that seems to have gotten right seems). trying to make us believe that we are in the crapper even though almost all numbers are better than those who have been in decades, if not better than never in the history of USA. you need big events like the Dow 13,000 and a new daily record maximum for most of the media to report on economic indicators good (it took years to get from 11-12, and it took only six months for the 12-13 … and we have more than 13.5 k. … we will be more than 14,000 sometime around the end of the year … and it is likely that if the Fed does what investors are asking and declaring victory over inflation as lower interest rates).
Money Management : How to Compare Mortgage Rates in Canada
Will using a credit counseling service for consolidated debt have a negative impact on your credit history?
Yeah, I am a mortgage consultant and mortgage companies look at a credit counseling as a Chapter 13 bankruptcy. Even if you're low credit score now if you have the value of your home I would like to refinance your home and include all other debts. This would be a lot cheaper and save more money and credit in the long term. If you need more advice. please do not hesitate to contact me.
Credit Debt Counseling Services? Should You Use One?
1 Warren G. 2 Thomas W. Harding 3 Andrew W. Miller Mellon L. Herbert Hoover May 4 John Lewis Eugene V. Debs 6 7 Calvin Coolidge 8 Robert M La Follette 9 Alfred E. 10 Franklin D. Smith Roosevelt 11Albert B. A. Fall 12 Q1 Mitchelle Palmer won fame during the police strike of Boston Q2 Nominated for President Call Progressive Party Q3 was a return to "normal" Q4 defrauded the government in the sale of foreign properties P5 led the UMW strike Q6Called of a massive program of public works Q7 nominated for president by the Socialist Party Q8 Cut national debt by about a third Q9 Hindered Tepito presidential election 1928 Q10 Opposed by their religion direct federal assistance, please use the 12 names matching the 10 questions … I need some help! Thanks in advance
Ok, here are the answers. They are not in numerical order, they only answered from the easiest to the hardest: 9.) Hampered in presidential elections 1928 by his religion – Alfred E. Smith 10.) Opposite of direct federal aid – Herbert Hoover 8.) Cut off the national debt by about a third – Andrew W. Mellon 6.) Called a massive public works program – Franklin D. Roosevelt 7.) Nominated for president by the Socialist Party – Eugene V. Debs 3.) Called for a return to "normal" – Warren G. Harding 4.) Defrauding the government, in the sale of foreign properties – Albert B. Fall 1.) Rose to fame during the police strike of Boston – Calvin Coolidge 5.) Led the UMW strike – John L. Lewis 2.) Nominated for the presidency on the Progressive Party – Theodore Roosevelt Good Luck.
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It is wise for me to use Roth IRA to pay off debt rather than debt settlement or consodlidation?
It's a good idea for me to use my Roth IRA mutual help me to get out of debt. I have 56 years of age and the need to pay some credit cards instead of going to the debt settlement or consolidation. Is it advisable?
Step # 1 to the financial health is to eliminate all the debt! You should always start with the savings, if the savings are exhausted and can not afford the monthly payments eliminating the debt, then you should use the Roth, contributions are not always accessible regardless of age, without penalty, but be careful because the interest is not tax free up to 591 / 2. Once they eliminate their debts have been freed cash flow to start contributing again to your Roth. Note, if your investments are paying less than the interest cost of debt that is moving backwards, so pay the debt and start moving forward. Do not look back! For more information visit my website at www.vanbureninsurance.org. I
Update: Dem includes e-Western Social Security number; claims "unprecedented new low challenger" CORRECTION: A version earlier in this blog incorrectly reported that the mail program anti-West was sent by U.S. Democratic campaign Rep. Ron Klein. The mail program has been sent by the Florida Democratic Party. The Florida Democratic Party sent a mail last week detailing 2005 Republican challenger Allen West Congress tax lien … Avoiding the Pitfalls of Credit Card Balance Transfers
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Non-payment of unsecured debt means that you will accumulate more debt each month. If you do not pay your credit card debt for a few months in a row, you may see your credit score drop dramatically, and even a lawsuit can be served by the creditor. To avoid permanent damage to your finances and your credit score, and stay out of court, take the following action steps today.
Take Control
Face your debts on the head. Do not overlook, or let it grow out of control to be impossible. The credit card companies want your money, and take action to recover any outstanding debts. To exit debt and then stay out of debt, are struggling to keep their money more than them. Ignoring your debt, or not paying the credit card debt, no will disappear. Only exacerbates the problem and makes this time much more stressful and overwhelming.
Stop using plastic money as
For those who do not pay credit card debt, the first thing to do is stop using your credit card. If you keep using the card, you will have more debt. Do not cancel your credit card, as this will affect your credit score. Instead, simply stop using the card. Instead of using plastic money as invisible money, use the purchase of property, tangible cash. You will soon realize that it is much more difficult to separate with, unlike the plastic used does not looks like real money at the moment.
Analyze your situation
When you understand what a bad decision not to pay the debt, you start learn ways to ease their debt. After awareness of what really should not ignore the reality of the debts that you put in control and can cope debt. Start collecting all the necessary measures relating to liability documents such as bank statements and canceled checks. Then make a Detailed description of debt liabilities, so you can compare your records with them and assess the potential for inconsistencies or inaccuracies.
Have a Plan
The credit card companies provide the majority of borrowers do not understand the intricacies of debt or simply too lazy to understand. Empower yourself to be aware of the interest rate that your credit card will be charged. If you currently are charged a higher rate, get a credit card offers a lower rate. Otherwise, voluntarily and knowingly throwing hundreds of dollars each year in interest payments. Also pay particular attention to hidden costs of credit card company.
Non-payment of unsecured debt can create a bigger problem, control and plan your way out of debt.
We have helped many people to obtain debt relief successfully by providing information to our potential clients that they can act on to provide a solution to their debt problem. We at Debt Unsecured believe every person has the right to resolve their financial situation with the least amount of stress.
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We live near Blue Ridge. April credit cards are 23%. We are looking for a credit consolidation company to help us reduce Thanks April.
Contact 1-800-388-2227 Consumer Credit Counseling Services is the largest and oldest credit counseling consumer service the nation and work with your creditors to reduce interest rates and monthly payments, which are nonprofit. I've used it several years ago and was debt free in 36-month period. While you're on your accounts program is read as "contained in credit counseling" after completing this notation will removed. This will not affect your score, but it will affect your ability to obtain additional credit. By the end of the agenda of its score will be much better, due to be out debt and have a great payment history.
