Why is savings so important for debt management?
Get the latest Flash player
-
Save to Favorites
Why is savings so important for debt management?
Is it best to save or payoff debt first?
Should savings be a part of my budget?
Why should I establish an emergency fund?
What is debt?
Why is savings so important for debt management?
What is a debt management plan?
The Importance of a Written Financial Plan for Retirement
Successful Money Saving Steps
Six Steps For Organized Finances
Annuitizing Income
Picking The Perfect Financial Planner
Beginners Budgeting Basics
Saving Money With Coupons
Investment For Beginners
Investment Planning
Best Investment Options
Investment Strategies
Investment Management
Linda Stroman
Financial Education Coordinator, Capital Area Asset Builders
202-419-1440
info@caab.org
Linda Stroman is the Financial Education Coordinator at CAAB. She provides instruction and one-on-one counseling to groups and individuals on money management and credit education. In addition, she coordinates program seminars and other events regarding CAAB's financial programs. Before joining CAAB, Linda worked for The Training Source, Inc. She provided life, professional, financial, and technical training to Maryland and DC residents and organizations.
Why is savings so important for debt management?
Financial Expert Linda Stroman explains why savings are so important when trying to get out of debt and how it should be treated as an expense.
This expert:
41,472 views
This series:
13,517 views
Transcripts
`bjbj.
""\\\\h$h]VJJJJJJJt=1/2g\-J0JJJ<j4\\my>
Linda Stroman: Saving should be extra special piece of your budgeting. It should be often treated as an expense basically, because we want to save for emergency, we want to save for periodic increases in our debt such as rent, such as mortgage payments and things like that and also for the joys of life, the things that we want to do versus the things that we need to do and again, for retirement because retirement is important. Sometimes, we do not think about it when we are younger, well, we need to start saving for retirement as well. So, we need to incorporate that into our budget so that we can make that something that we do on a regular basis. "&78[^giyz(c)defiux(tm)3/4+INTny.
.
.
$?
@hch3/4>hQhB-$a$gdc,1h/ =!
"# $ %
What is debt?
What is a debt management plan?
If I do my own debt cancellation plan, where do I start?
What might hurt my chances of getting out of debt?
What are examples of good debt vs. bad debt?
What are the two types of debt?
How do I evaluate my personal debt?
What is the connection between credit and debt?
How should I prioritize my debt elimination process?
importance of debt management by KallieA at 04/28/09 09:20AM Flag
There are many important benefits that you can get from debt consolidation. Debt consolidation, or debt consolidation loans is a refinancing of all your debt which brings all your debt under one payment, for lower interest, giving you an easier route to a fresh financial start. There are a lot of debt relief options out there.To read more visit http://personalmoneystore.com/moneyblog/2009/04/23/dodebtrelief-options/.
(Add Comment)