My Loans Consolidated

If you are having problems repaying your student loans, there is an option where your student loans can be wiped off by doing certain services or agreeing to certain conditions offered by either the government or non-profit agencies.

Student loan forgiveness by the government has options to either cancel the whole loan or only a part of the student loan which is still outstanding. There are several conditions for the government to grant you the student loan forgiveness. The conditions include but is not limited to:

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Popularity: 2% [?]

I deliberately chose this title to make it sound like the headline in one of the biggest German magazine in 1998, which covered the election of Indonesia’s 1st President, BJ Habibie, after the Soeharto 32 year tyranny. BJ Habibie had studied aerospace engineering from 1955-1965 in Germany and during the last period of Soeharto’s reign, he was the Vice President until Indonesia’s great tyrant stepped down in 1998 only a few months after Soeharto (for the 7th time) was elected president. When BJ Habibie assumed presidency, the headline in Der Spiegel, one of the biggest magazine in Germany, was, “Ein Deutscher Führt Indonesien,” (A German Leads Indonesia).

As the German’s were proud to have “their guy” as President for 2 years, the people of Indonesia are blindly proud of Obama.

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Popularity: 1% [?]

I’ve read many quotes about debt and money most of which are funny. Some of them though is quite inspirational. I thought I’d share them here with my readers:

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Popularity: 1% [?]

In my previous posts, I was sharing with you a very useful game to sharpen your financial literacy. If you are still in a rat race and are desperately trying to tap into the fast track where all the real wealthy people are, this game is for you. Here is a video that I found on Youtube about the Cashflow 101 boardgame. This is an introduction by the author of the best-selling book, Rich Dad, Poor Dad, who also created this game.

Popularity: 1% [?]

The ability to understand finance enough to make appropriate decisions regarding your personal finance is called financial literacy. Many people are financial illiterate and are unaware that they are. Here is a video to show you the basics of financial literacy.

Controlling Your Finances: Financial Literacy Basics

Popularity: 1% [?]

It is amazing to see how so many people have no clue about money management that no matter how much money they make, they still retire broke. This of course can change if only they know how to improve their own financial literacy. Financial literacy is the ability to understand finance sufficiently to be able to make the appropriate decisions regarding their own personal finance.

The best time to sharpen one’s financial literacy is during an early age of childhood. The sooner you explaining to your children about money and money management, the better. If you are one of the many adults that never really received any education or training regarding money when they are young, it is never to late to start your own financial education.

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Popularity: 1% [?]

When most people have so much trouble saving for retirement when times are good, how is it possible to do so in our shrinking economy, where unemployment rates are increasing and even investments are not giving us any security?

Unless you can create some passive income streams while still keeping your day job, you may have to accept the fact that early retirement will not happen to you. You may have to work longer that you have ever thought you would. While still keeping your day job as long as you can, your creativity in generating passive income will determine whether you will have to work into your 70′s or not. Small businesses, home businesses and online business opportunities are booming these days. With all the technology today, it is very possible to start your own business either part time or full time, with less investment than ever before.

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Popularity: 1% [?]

If your financial burden stresses you out… if you are currently focused only on what you don’t have and find it hard to be grateful for the things that you do, here is some news that I just learned about this morning which I hope will help you feel grateful for your life.

After launching their 100 billion note in July 2008 and $50 billion banknote just last weekend (11-12 Jan 2009), the Zimbabwean government will be introducing their 100 trillion Zimbabwe dollar note soon. Zimbabwe has been trying to lift the burden of their desparate cash shortage.  Due to incredibly high inflation the Reserve Bank of Zimbabwe is still planning to launch a Z$10 trillion, Z$20 trillion and Z$50 trillion notes in the near future.

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Popularity: 3% [?]

Now is really a scary time to be thinking about buying a home and borrowing money. But with real estate prices this low, maybe it is a good time to do so.

If you are nervous about the mortgage crisis and borrowing money to buy a house, here is a video to show you what you have to understand before choosing the suitable mortgage for your financial situation.

Popularity: 2% [?]

When it comes to retirement plans, which is better, Roth or Regular?

Popularity: 1% [?]