Solicitors role in property purchase I am often asked about the role of a solicitor in the process of purchasing a property in the UK and this article aims to explain just that. Conveyancing The legal process involved in the purchase of a property is called Conveyancing and this is usually carried out by a solicitor or sometimes a licenced conveyancer. As soon as your offer on a property is agreed by the estate agent / seller of...more
How to Become Debt-Free - Part 1 Use cash for all your purchases and only buy your car and house on credit. Before you buy anything ask yourself 'do I really need this?' Don't just buy something because it's on sale.Spend less than what you earn (at least 20% less).Stop using credit cards to survive until the next paycheck. Don't ask for an advance on your salary to get through the month.Save money for an emergency fund to avoid...more
How to Become Debt-Free - Part 2 1. Depending on your family size, consider moving into a smaller apartment. In the process you can also sell unnecessary items that are just taking up extra space. You will save on rent and utility bills. Try to move closer to work as well, to save on the ever increasing fuel price.2. Get a lower maintenance, smaller car that is lighter on fuel. As a guy I also prefer a bigger car that's at least a 2 liter engine, but tough times call for tough choices. I've switched over to a 0.8 liter, 3 cylinder small car that's getting a lot of disrespect on the road, but at least I have cut my fuel costs in half! I would rather save money now than worry about my image. I also always make use of public transport to get to work, saving another 75% on fuel costs, monthly!3. Challenge your spending habits by calculating how much money you earn per hour. Total salary divided by 20 days, divided by 8 hours equals your pay per hour. Next time you want to buy something calculate how many working hours it will cost you, e.g. a new plasma TV will cost you 30 work hours. This might help you to curb your impulsive spending habits.4. Save all the extra money...more
The Most Important Steps in Your Debt Elimination Process Start by admitting that you have a problem with debt.Acknowledge that you need to do something about it.Consult a debt counselor for help to get you out of debt.Identify a suitable debt elimination system or program that will fulfill your financial situation best.Use the best...more
Debt Counseling - Pros and Cons Pros:You are showing your creditors that you are serious about alleviating your predicament. They will work with you and your debt counselor to reach a mutual agreement.Debt restructuring will be done with your remaining income, after deducting your basic essentials, such as transport, food, clothing,...more
How to Know You Need Debt Counseling The biggest mistake you can do is to leave applying for debt counseling for too late.Financial trouble is often indicative of the following symptoms:You always have more month left than money - consistently asking for advances on your salary.You cannot go to work at month end - cannot afford transport costs.You always seem pre-occupied and accident prone at work - constant stress about debt and those final notices and legal action keep your mind drifting to that one day when everything will come tumbling down.You suffer from ulcers and other stress-related illnesses - constant worries and sleepless nights will ultimately affect your overall health.Serious debt is not always caused by overspending, but rapid rises in interest rates can quickly outpace salary increases. Accumulative debt can also be due to:Serious illness or even deathSudden job retrenchmentBusiness going bankruptExpensive medical bills only partially paid by your medical aidUnexpected car and/or house repairsBurglaries of either your house or carEscalating school fees and utility billsDO NOT...Ignore letters from creditors requesting urgent payment. At least call...more
Debt Counseling Obstructions The National Credit Regulator (NCR) previously commissioned a research project, conducted by the University of Pretoria Law Clinic, on the shortcomings in the debt restructuring process.The debt counseling...more
Debt Elimination Questions Answered - Part 1 Will I be listed on the Credit Bureau?Yes, once the debt application is completed. All your credit providers will be notified as well. What do you mean by the payment pro rata basis?This...more
Purchase the Englander Pellet Stove For Its Beauty and Durability If you have a rather large space in order to heat, but you want to heat that area with as much efficiency as possible, then purchasing the Englander Pellet Stove is your perfect...more
Struggling With Debt? Consider These Options National Debt Relief ProgramStruggling With DebtThere are many different and amazing, as well as quite simple little things that anyone of you could do to try and change your current debt condition...more
Are debts shameful? The old image of the steadfast Brit, almost psychopathically unwilling to share details of his or her private life, seems to be fading. According to a new survey, Brits are now willing to discuss that private of private...more
Bo Yang without fear Ibrahimovic Wenger Arsenal have purchased a knife ready 10,000,000 Throwback MLB jerseys onlineshop webeditor report:Like Arsenal and Barcelona are the two sides lost the second leg of the race over the main. Barcelona,...more