Common Family Financial Problems and Their Solutions

Financial Tips

 Today’s financial worries hit home… The harsh economic realities of recent years have caused many families to  struggle financially. There are several areas in which a family can get into trouble. The following are 5 common areas of distress, and realistic solutions for each. Underwater Mortgage After the recent economic crisis, many families found themselves with an underwater mortgage. Basically, they owed more on their house than it was worth. The first step, especially if a homeowner wants to stay in the home, is to get the house reappraised. If…

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Money Matters: Tips for Managing your Money for the Short Term and the Long Term

High-deductible health insurance enrollees are on the increase

The importance of money management should never be underestimated. Just ask some of the big names in the finances industry and they will tell you that financial management is the key to a secure future. One should plan not only for the short term but for the long term as well. There can be so many unforeseen circumstances where you might have to spend money. An example of this could be funeral planning if a relative or family member passes away. If you do not have money to even pay…

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