All posts by Betty Hernandez

Small Business – Doing Business with HUD

This Outreach session will provide guidance on how to do business with HUD, best ways for marketing your business to HUD, and the type of services and products HUD buys.

This post is aligned with a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

For more information on small business grant and home ownership programs visit TopGovernmentGrants.com.

Everything That A Person Should Learn Prior To Getting Debt Consolidation Done

If you’re really struggling with your debt, you may want to consider debt consolidation. Although, keep in mind that getting your finances in order is not an overnight process. Fixing your debt is a slow process that must be planned. You should keep reading for some useful information on debt consolidation strategies.

Whenever you’re considering debt consolidation as a plan, first look over your credit report. The first step to fix your debt is to know where it came from. You need to know your debtor and the amount you owe. In order to get your financial picture back on track, you will need to know how to distribute the money.

Do you own a life insurance policy? You may want to cash your policy in if you wish to pay some debts. To learn how much cash you can obtain from your policy, talk to your insurance agent. Your policy may have a cash value which you may borrow to help pay debts.

Check out your credit reports closely. They can help you understand the depth of your financial problems and reveal patterns to help you see where you went wrong. Learn why you got in debt to help keep you from getting in debt again.

Lots of people realize that their monthly payments can be reduced just by contacting their creditors rather than avoiding them. Many creditors work with debtors because it’s better for them to get some amount of payment than nothing at all. If you are unable to pay for your monthly credit card bill, call the company and tell them about your situation. Most companies will help reduce your payment, but may not allow you to continue to use the card.

Bankruptcy may be a better choice for you than debt consolidation. A bad mark will be left on your credit report whether you file a Chapter 7 or Chapter 13 bankruptcy. But, if you simply cannot repay your debts, your credit is probably already damaged. A bankruptcy filing will help you reduce debt and regain financial control.

Don’t borrow from pros that you don’t know anything about. Loan sharks know you are in a bad situation. When choosing a debt consolidator, take the time to learn about their reputation and all about their interest, fees and other charged which can quickly add up.

Talk to creditors if you’re using a credit counselor or debt consolidation agency. They may offer you different arrangements. They aren’t aware you are speaking with these companies. If they are aware that you are working hard to repay the money they are owed, they will likely be more willing to help you.

How do you get into debt? This will help you prevent a repeat of this predicament. Try soul-searching to see what caused this situation to avoid it from occurring again.

Debt consolidation companies offer help; however, there are certain companies that prey on debtors. Remember that if something looks like it’s too good, chances are it really is. Write down your list of questions, and always make sure that you walk away satisfied with the answers to avoid getting scammed.

Figure out which of your debts should be consolidated and which should remain as they are. It makes no sense to switch balances from a charge card that doesn’t charge interest to one that has a high interest rate. Go through each of your loans to be sure that you are doing the right thing.

Getting a loan for debt consolidation will not change your credit. A few debt reduction strategies do have adverse effects on your rating, but a debt consolidation loan is really just helping you lower your interest rate and minimize the total amount of bills you are paying. This tool can be vital to help you clear off all payments.

Debt consolidation can do a world of good to your financial peace of mind if you have a clear understanding of the process and know what you expect to get out of it. It takes more than just making a few phone call though; you must know all about it. The article here has shared ways you can get yourself out of debt.

Shopping for a Mortgage

Shopping for a mortgage can be a very daunting task. Because of this many people will skip this step entirely. That could end up being a big mistake though.

This post is part of a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

Find additional information and resources on small business grants and loans, home buyer programs and Community Foundation programs from around the world.

What You Need To Know About Benefits.Gov

The United States Federal Government launched the Benefits.gov Website in 2002 in the hopes of providing every American with easy and convenient online access to government benefits and programs.

This post is part of a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

For more information on small business grant and home ownership programs visit TopGovernmentGrants.com.

SBA – Small Business Investment Companies

The Small Business Administration has inititiated the Small Business Investment Companies program to help in developing privately owned and managed investment companies which will be licensed and regulated by the Small Business Administration to provide equity capital, long term loans, and advisory services to small business requiring such services.

This post is aligned with a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

Find additional information and resources on nonprofit information, educational grants and Civic Engagement programs from around the world.

Stop Struggling With Your Personal Finances. Use These Tips!

If you are suffering from financial anxiety, stay calm. Just go over this article and you’ll be able to find ways to fix your financial situation. Once you learn what you can about your finances, you can deal with any financial situation.

Proper budgeting is a huge part of being successful. Profits need to be protected and reinvested as capital in the business. If you put your profits into your capital you can build a better foundation; you need to keep a careful watch on them so you can see more profits. Fixing a firm ratio between profit and reinvestment will help you keep a handle on your money.

Income Taxes

There is no get-rich-quick scheme that actually delivers. Too many Internet marketers let their desire for instant gratification cloud their judgment. Learning is good for business, but keep an eye on your bottom line. Remember to work productively more than you spend.

Always know when to file your income taxes with the IRS. To receive your tax refund as quickly as possible, you should file your income taxes early. If you owe money, then you may want to file your taxes closer to the April 15 due date.

If you are trying to get the best credit score, you shouldn’t have more than four credit cards. Having just one card will make it longer for you to get a better credit score, while five or more cards can make it harder to deal with finances. It’s a good idea to begin with two credit cards and only get more cards if you truly need them.

Having a garage sale is a great way to make some spending money and also rid the house of clutter. Those who make friends easily may be able to convince neighbors to let them sell their unwanted items for just a small fee. Get creative with your garage sale.

In most cases, automobiles and homes represent an individual’s most substantial purchases. Payments on principal and interest for these items are sure to take the biggest chunk out of your monthly income. You can reduce the amount of interest you pay by increasing your monthly payment.

Many spend over $20 weekly trying to win a lot of money from a local lottery drawing, when that amount could easily go into a savings account. This will give you a guaranteed gain, rather than losing to an overwhelmingly risky game.

Now that you are a little more aware about your financial situation, your stress level about it should be less. Use what you have just learned, and keep finding out about money management to better your finances. This is a new beginning for you, and you can now be debt-free with money saved. Savor it.

Supporting Black-Owned Business

We’ve read stats showing that Blacks have a buying power of $1.2 Trillion dollars and that Black women are starting businesses at a faster rate than any other group, but is this enough to change the economic inequalities that plague Black neighborhoods?

This post is part of a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

For more information on small business grant and home ownership programs visit TopGovernmentGrants.com.

Tips And Advice For Wise Stock Market Investing

Everyone finds the stock market difficult to navigate, even investors with experience. You can be extremely successful, or you could end up losing money. Adhere to this advice for safer and more lucrative investments.

To get the most out of your stock market investments, set up a long-term goal and strategy. Try to set realistic goals in order to have more success in your endeavors. You should hold onto your stocks until you make the profits that you expect.

Spend time observing the market before you decide which stock to buy. Prior to making an investment, observing the market for awhile is wise. If you are unsure of how long to study the market, try to watch it for at least three years. This kind of extensive preparation will give you an excellent feel for the market’s natural operation and increase your odds of turning a profit.

Carefully monitor the stock market before entering into it. Especially before making that first investment, you should get in as much pre-trading study time of the market as you can. In the best case, you will be able to watch the market for about three years before investing. This will give you some perspective and a better sense of how the market gyrates. This will make you a better investor.

Learn about the fees you’ll be paying before you choose a broker. This doesn’t mean simply entrance fees, but all the fees that will be deducted. The fees surmount quickly and can be quite sizable if you trade often and are a long-term trader.

Make sure you diversify your investments sufficiently. It is not a wise decision to have all your money tied up into one specific investment. For example, if you’ve only invested in one stock and it fails, you’ll lose everything.

Try not to invest more than one tenth of your capital in a single stock. By only investing a certain percentage of your portfolio in each stock you are protecting yourself from a devastation in case the stock does drop quickly.

Before signing up with brokers or placing investments through traders, find out the fees you must pay. Take into account the fee per trade, as well as anything else you may be charged when you sell your stocks. Those fees add up to significant amounts, quite quickly.

As you read in this article, you can do many things to keep your money safe when investing in stocks. Learn some tips and tricks about profitable trading practices by applying the information you gained in this article.

SBA Portable Assistance Program

The Portable Assistance Program seeks to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.

This post is aligned with a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

Find additional information and resources on small business grants and loans, home buyer programs and impact investment programs from around the world.