DebtConsolidationCare Official Blog

Ethically, not paying back debts is one type of theft and an act of stealing, actually! You owe someone money and you are not willing to repay! What does that even mean? It means you are a con man!! Believe it or not. But here is the twist! I...

Your savings is a big part of your financial portfolio. But don’t rely only on your savings as that will be a big mistake. There are many other factors which are used to determine your net worth! As an example, we can say, you have to con...

Money is one of the most sensitive topics, especially when friends are involved. You may feel utterly awkward when one of your desperate friends ask you to lend some money. Well, lending money to a friend is fine. What if you don’t see a dollar com...

Hands up, you can’t decide all by yourself what assets you have and what assets you don’t in a Chapter 7 bankruptcy! It’s the trustee who will understand how potent is your bankruptcy estate and what are the non exempt properties you have...

For most of the Americans, retirement means financial independence, which they achieve at the age of their 60s; mostly they draw Social Security Benefit at the age of 62 or as late as age 70. They just don’t believe that financial independence a...

Student loan debt is rising rapidly. It is true that with the help of the student loan, most of the students can fund their higher studies. But, unfortunately, after completing their studies, they're not able to repay the student loan debt. Bec...

Is frugality bad? Absolutely not. Instead, it helps you manage your finances in a better way so that you can meet your monetary goals. Being frugal means you stop wasting money on unnecessary things and use it for purposes that matter to you. I...

Paying off debt is a little complicated matter which requires patience and hard work. If you are having a $50,000 debt on your shoulders, with hard work and determination, you can gradually get out of it. But for that, you need to concentrate on earn...

Managing debts is not difficult. The two things it demands are ‘Time’ and ‘Proper Planning-aka Budgeting’. But can you become debt free in 1 year? That’s a big question, I guess! My answer is simple, yes you can pay off your debts a...

Financial literacy is important; it helps people to avoid the financial mess in life. Unfortunately, most of us haven’t learned the financial lessons in our school or college life. So, most of us learn about financial dos and don’t in our ad...