How to Improve your Financial Health  

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People do it all the time, including me. Dumb money moves occur on a daily basis. Some people learn from them, yet some people don’t learn from them at all and continually repeat the errors. The majority of these tend to occur when someone starts their first job right out of college.

This tends to happen when we graduate because we are given six months after graduation to not pay the loans. We get used to not making the payments and when they come due, the lender offers to defer them. What we don’t account for is that the interest continues to accrue or that the interest we pay on the loans is tax deductible for the first five years. Deferring the payments is the quickest way for the balances to increase which can hurt when it comes time to purchase a vehicle or a home.

Whether you are facing an immediate crisis or just want to learn how to improve your financial health, MyDebtConsolidationAdvice can help! Their counselors and educators offer non-judgmental advice, practical action plans and hope for a better future to people. They are offerring, free ongoing credit counseling services and educational materials regardless of whether or not consumers enroll in the debt management plan program. Also offers free educational seminars to the public. This is a great program for people who have made a few wrong choices and ended up in an unfortunate situation. They can also give you advise about debt consolidation option to help you become debt-free.

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This entry was posted on Wednesday, October 15, 2008 and is filed under . You can leave a response and follow any responses to this entry through the Subscribe to: Post Comments (Atom) .

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