2013년 11월 25일 월요일

About 'debt to cash flow ratio'|...We can then establish a P/E ratio of the underlying... begun to offer energy savings... a continuous stream of cash flow from clients. As a...







About 'debt to cash flow ratio'|...We can then establish a P/E ratio of the underlying... begun to offer energy savings... a continuous stream of cash flow from clients. As a...








With               all               the               pressure               society               can               place               on               us               to               spend               more               than               we               can               afford               on               X-mas,               for               many               Americans               the               new               year               rings               in               with               the               reminder               of               just               how               much               debt               we               created.

A               time               for               resolving               to               pay               off               holiday               debt!

Even               though               most               credit               card               companies               have               raised               their               minimum               payments               slightly               (due               to               government               regulations),               credit               card               balances               will               simply               not               disappear               anytime               soon               by               making               those               minimum               payments.

In               fact,               many               people               are               still               paying               for               the               last               couple               years               worth               of               holidays.

With               many               of               us               still               trying               hard               to               stick               to               those               fresh               new               year               resolutions,               it's               not               to               late               to               add               one               more               to               the               list.

Resolve               to               pay               off               that               holiday               debt.

Whatever               the               situation               might               be,               it               will               not               get               better               on               it's               own.

If               you               have               the               cash               flow               to               just               hunker               down               and               make               larger               payments,               do               it.

If               you               don't               then               consider               your               options.

Do               you               have               investment               money               you               can               tap               into?

How               about               equity               in               your               home?

Maybe               just               being               frugal               within               your               current               budget               can               create               more               money               to               apply               to               that               debt.

Even               if               you               have               to               team               up               together               and               work               an               extra               job               temporarily.

What               ever               you               have               to               do,               just               make               a               plan               and               do               it!

As               you               start               to               make               some               progress               you'll               receive               at               least               one               benefit               almost               immediately.

Improved               Credit               -               The               debt               to               income               ratio               is               a               key               factor               in               your               credit               score.

All               3               credit               reporting               agencies               reflect               this               in               your               credit               report.

Always               pay               more               than               the               minimum               payment               if               you               can.

Focus               on               the               credit               cards               with               the               highest               interest               rate               first.

By               paying               down               those               cards               first               will               improve               your               debt               to               income               ratio               the               quickest.

This               will               make               you               look               more               responsible               in               the               way               you               manage               your               debt.

This               way               lenders               will               be               inclined               to               give               you               a               more               favorable               interest               rate               on               a               loan.
               If               you're               able               to,               you               can               get               a               home               equity               loan.

In               most               cases               a               home               equity               line               will               carry               a               much               lower               interest               rate               than               your               credit               cards.

If               you               do               choose               this               route,               DO               NOT               make               the               mistake               of               racking               those               credit               cards               back               up.

So               many               people               make               the               mistake               of               thinking               "we               don't               have               any               credit               card               balances,               so               our               financial               situation               is               fantastic".

Yes,               you               may               have               more               cash               flow               now               that               your               debt               is               financed               at               a               much               lower               rate.

However,               your               financial               life               could               come               into               serious               jeopardy               in               no               time               with               this               mentality!

Another               option               provided               your               credit               is               good               would               be               to               transfer               those               balances               to               cards               with               a               prime               or               lower               interest               rate.

Either               way               get               rid               of               the               credit               cards               you               don't               need!

Do               one               of               these               options               in               a               responsible               way,               and               another               benefit               will               come               your               way.

Pay               off               that               holiday               debt               and               you'll               increase               your               cash               flow               at               the               same               time!
               Improved               Cash               Flow               -               As               with               any               loan               in               life,               the               less               interest               you               pay               the               more               money               that               is               applied               to               the               principal               debt.

This               will               not               only               allow               you               to               pay               off               the               existing               debt               sooner,               but               it               will               put               more               money               in               your               pocket.

An               improved               cash               flow               will               enable               you               to               lay               off               the               credit               cards               and               pay               cash               for               purchases.

So               now               your               not               only               not               using               the               cards,               your               paying               them               off               at               the               same               time.

Look               you               work               hard               enough,               now               it's               time               to               start               working               smart.

Your               money               will               go               a               lot               further               when               it               goes               in               your               pocket,               not               the               credit               card               companies.
               One               thing               to               consider,               if               you               are               able               to               tranfer               balances               to               lower               rate               cards,               do               it.

If               you               got               the               credit,               open               more               accounts               with               low               rates               or               even               with               0%               balance               transfer               rates               if               you               have               to.

Even               if               they               are               temporary               rates.

Just               make               sure               you               pay               attention               and               roll               them               before               the               rates               go               up.

Do               the               home               equity               loan               only               if               you               don't               have               low               rate               credit               cards               to               transfer               the               balances               to               or               you               can't               get               them.

I               say               this               because               anytime               you               use               your               home               for               a               loan               it               becomes               collateral.

If               you               don't               or               can't               pay,               your               home               could               be               at               risk.

Credit               card               debt               is               unsecured.

The               worst               thing               that               could               happen               is               your               credit               rating               gets               wrecked               or               you               end               up               filing               bankruptcy.

Don't               risk               your               home               unless               it's               the               only               available               option.

No               matter               what               route               you               decide               to               take,               accept               the               responsibility               for               your               credit               card               debt               and               resolve               to               pay               off               that               holiday               debt!






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