Monday, April 30, 2012

Personal Finance News Monday 4/30

Phil's Personal Finance Tip of the Day:

How to Live Debt-Free: Tips to Help Eliminate Debt
From TransUnion.com
Paying down debt may reduce the rates you could pay on future loans and save you a lot in interest payments.
 
Making a long-term effort to pay down debt can eventually allow you to live more debt-free. With just a simple debt management plan, you can live debt-free.
 
Collect all your account, loan and credit information. Order your credit reports from all three credit reporting companies and get credit scores to get a baseline for tracking your improvements. Next, write down your total monthly income and list your estimated monthly expenses that don’t appear in your credit reports (such as expenses you pay for with cash).
 
To read the entire article from Transunion.com:
 
 
Quote of the Day from Dave Ramsey.com:
All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work. — Calvin Coolidge
 
Please listen to the Dave Ramsey show live on WOR 710 from 2-4 PM EST. You can also listen to the 3rd hour 4-5 PM EST. at Dave Ramsey.com.

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