Holiday Shopping Without Breaking the Bank
Filed Under (Financial News) by Amber Cook on 22-11-2011
It’s Black Friday. Have you been braving the crowds in hopes of saving a few bucks? Or did you stay home (or go to work) instead? Either way, I wanted to share some tips for getting through the holiday shopping season without emptying your savings account or running up a huge credit card bill.
- Make a list and check it twice. For starters, you need to sit down and create a list of all the people that you’ll be shopping for this year. That way there won’t be any nasty surprises when you’ve spent your budget and then realize your forgot crazy Uncle Bob.
- Set a budget. Next, you’ll need to come up with a budget. I recomme
Occupy Movement: Student loan forgiveness or future loan default?
Filed Under (Loans) by Kathryn Evans on 20-11-2011
Most experts, even those who agree with the movements aims, would describe these goals as unattainable. The theory behind the campaign is that if 1 million students refuse to pay, they would face minimal consequences due to safety in numbers. But many experts on student finance worry about the impact on anyone who stops paying: student loans cannot be discharged in bankruptcy; lenders especially the federal government will go to great lengths to go after debt; and some borrowers currently frustrated by their debt may not realize the impact of non-payment on future financial goals.
For federal loans, once you miss a payment, you are considered in a state of delinquency.