http://www.familyfinancialhelpusa.com/debt/personal-budget-tips-to-keep-yourself-debt-free/ FamilyFinancialHelpUSA Tue, 21 Jun 2011 04:16:17 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://www.familyfinancialhelpusa.com/debt/personal-budget-tips-to-keep-yourself-debt-free/#comment-2456 FHA Payments and Loan Modifications | FamilyFinancialHelpUSA Wed, 03 Feb 2010 16:49:55 +0000 http://familyfinancialhelpusa.com/?p=1704#comment-2456 [...] remember, start handling your money wisely, and perhaps it’s time to temporarily tighten your belt. But once it’s all over, you [...] [...] remember, start handling your money wisely, and perhaps it’s time to temporarily tighten your belt. But once it’s all over, you [...]

]]> http://www.familyfinancialhelpusa.com/debt/personal-budget-tips-to-keep-yourself-debt-free/#comment-2455 Mortgage Loan Advice for 2010 | FamilyFinancialHelpUSA Wed, 27 Jan 2010 12:48:49 +0000 http://familyfinancialhelpusa.com/?p=1704#comment-2455 [...] It used to be that your house should be worth around three to four times your annual income, and then you’d pay up to a third of your monthly salary on payments. However, the main problem leading up to the Great Bust was that people were overusing credit – essentially stretching their resources so they wouldn’t have to pay so much every month – and yet at the same time, getting the most expensive house they think they can afford. That all still applies, but now it’s time to be really serious about it: If you’re looking for a new house, the best mortgage loan advice says that you should consider what you get in terms of your actual salary – don’t think about credit or other loans, but what you can hand out in cash. In fact, it’s even better to say that you should only use around 25% to 30% of your salary on the mortgage, since chances are, you still have quite a bit of debt to pay off. [...] [...] It used to be that your house should be worth around three to four times your annual income, and then you’d pay up to a third of your monthly salary on payments. However, the main problem leading up to the Great Bust was that people were overusing credit – essentially stretching their resources so they wouldn’t have to pay so much every month – and yet at the same time, getting the most expensive house they think they can afford. That all still applies, but now it’s time to be really serious about it: If you’re looking for a new house, the best mortgage loan advice says that you should consider what you get in terms of your actual salary – don’t think about credit or other loans, but what you can hand out in cash. In fact, it’s even better to say that you should only use around 25% to 30% of your salary on the mortgage, since chances are, you still have quite a bit of debt to pay off. [...]

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