Tag Archives: money
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Avoid the Default!!
Posted on November 20, 2009 by MANIFEST ME! in Banking/Money/Finance, General, online college helpI know that you hate to pick up the phone and on the other end of the line find a bill collector. But one thing you do not want to avoid is Student Loan collections. Having your Student Loan to go into collections is by far one of the worst things that could result in damaging your credit dramatically. There are ways to prevent default.
First you need to know that your student loan can not be cleared through bankruptcy. It is with you for life, through thick and then the ups and the bad. You have to pay it! So don’t go to school thinking you can skip on this note.
If you are facing rough times there are many deferments you may qualify to receive to postpone your payments. Then if you don’t qualify for a deferment, ask for a forbearance. Having a forbearance allows you to temporarily postpone or reduce your loan payments. You are responsible to pay the interest that accrues during the forbearance period. Unpaid interest may be capitalized which is interest added to your loan principal. Then the capitalized interest will increase the amount you owe, and may result in a higher monthly payment after the forbearance period has ended.
If you are behind, contact your lender immediately. If your loan goes into default you may be:
- Unable to obtain federal student loans in the future
- Be assessed up to 22% in collection cost
- Have up to 15% of our wages garnished
- Have you income tax refunds withheld
- Damage your credit rating
- Be contacted by a collection agency
- Be unable to obtain loans in the future to purchase a car or home.
These matters can easily be avoided if you contact your lender right away. Remember if you are experiencing financial hardship there is a way out and help is out there. You can not solve the problem with avoiding it. Reach out to your lender to see if you qualify for a deferment or forbearance to postpone your monthly payments.
Peace, Love, & STILLETOS!!!
TaWana
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Getting around the “check hold”
Posted on April 20, 2009 by MANIFEST ME! in Banking/Money/Finance, GeneralGetting around the “check hold” on bank deposits…
Most banks will not tell you this but when you bank with an institution in which you can make deposits through the ATM, you may be able to beat the “hold” when you are depositing a check.
I love this option of being able to a make a deposit through the ATM. I would not bank with out it. But you must know your bank cut off times in order to (more…)
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“me” fund….
Posted on April 19, 2009 by MANIFEST ME! in Banking/Money/Finance, GeneralWhat is the 1st step in saving ….
It’s called paying yourself first! You pay all of your bills, but do you ever pay yourself first? Get yourself a “me” fund. Whether it be a prepaid visa or master card
a savings account or what ever. Get an account that is for the benefit for yourself. Take about 5% and pay yourself first. If you get your paycheck by direct deposit separate it and put it into a different account where you don’t see it.Most of the time if it is doesn’t end up in your hand it is easier to pay yourself. I did this…. I felt like I could not afford to pay myself. But I started putting at least 5% of my income per pay period for “me”. Now, my husband knows about my “me” fund. I don’t calculate my “me” fund into my income because I don’t want to consider it as money available for bills and etc.
So, the first step into building a savings account is get you “me” fund. Take atleast 5% of your income start building up your “me” fund. You deserve it right!
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mon”How to” write a check
Posted on April 17, 2009 by MANIFEST ME! in Banking/Money/Finance, GeneralHow to write a check?
Well, while you may think checks are becoming obsolete, they are still in good use. Older people that are not familiar with check cards such as a visa or master debit card, continues to make good use of checks. While a younger person getting their first checking account may not know the first thing as to writing a check. Then you figure, why even get them if they use their debit check card? Well, I will tell you why…
I have met people that had no knowledge of a banking account and didn’t know how to write a check neither. Yes, they use their debit check card for everything. But, when it is time to make a rent payment, they run and get a money order because the office doesn’t accept Visa or Master, when all along they could have just taken out their check book and written a check. What I will tell you is that I have noticed that many convenient stores do not sell money orders anymore. So, what happen when you can’t get a money order and they don’t take cash or card? You write a check! (more…)
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What age were you?
Posted on April 10, 2009 by MANIFEST ME! in Banking/Money/Finance, GeneralWhat age were you when you got your first checking account?
I met this girl who never had an account before. She just moved to the area and needed to cash her check from her new job. No one wanted to cash it because she didn’t have a local ID. The information on her ID did not match her check stub. We went to every check cashing place in the city.
So, I told her I was taking some personal time to make sure she did not have this problem again. Luckily she found a bank that would use her out of state ID and another form of ID to open up a checking account. She set her direct deposit up but the next check she had received was a paper check. It took a couple of pay periods to get the direct deposit on track.
Since she had open a bank account she didn’t realize that if someone wrote her a check that she didn’t have to deal with the issue of finding a business or a bank to cash it. She was not stupid, she just didn’t know. She was inexperienced in this area and she is over 21 years of age.
I am shocked but there are so many other young adults that has no knowledge of the banking system itself. So, that is why I have started writing more about finances.
I may not use the huge financial system words that other blogs are website may use. I want to speak or write in common terms that any ordinary person will be able to understand. =) So, be looking for more post about finances!
TaWana S.
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Search Engine Money Maker!
Posted on April 9, 2009 by MANIFEST ME! in GeneralI have seen the search engine that allows certain charities to be profitable from search queries but how about when you are profitable? Will you add the search engine to your favorites and use is frequently? Well, I will!
I just learned about a new search engine called www.aafter.com and I want to share a few benefits that I believe would benefit you! I am all about sharing =) especially information that could get you free money or save you a lot of money or give some money back to you!
AAfter Cashback Rebate Search Engine was created by a genius! I got $2.50 just for creating a free account. This is an added benefit for using the web! Not only is the Rebate Search Engine giving you cash, but it also have some awesome tools that you can use on a daily basis such as reverse phone lookup. See who is calling you! This is a free tool located on the Aafter CashBack Rebate search engine!
Guess what, AAfter.com Answers Homework . That’s right, you need help with any type of homework and this search engine is right there! Isn’t that awesome? AAfter also has great domain research tools for webmaster and bloggers. They also have too many benefits and tools to list, so all you need to do now is just go see what I am talking about. Make it easy for me will you? =)
TaWana S.
P.S. If you don’t want your $2.50 and when you check the site out. You can give it to someone else if you know their referral email! You can use me as a referral! tawanastegall[at]yahoo.com
Please view the site disclosure!
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Need a Bank Account?
Posted on April 9, 2009 by MANIFEST ME! in Banking/Money/Finance, GeneralSo you need to open up a bank account?
There are a few things that you need to know.
What age do you have to be in order to open up a bank account? 18, in most cases, that’s if you want to be the only one on the account. You do have the option to open up an account with your parent/guardian.
(Personal Experience: I open up my first account when I was 13. It was a Savings account and my fathers help me to open it up. They allowed me to withdraw funds with his signature. But, it was my account
and he respected that. I wanted to save money to go on a trip. It was pretty neat!)
What do you need to open up a banking account?You typically need two forms of I.D. such as a state issued I.D. or Drivers License and your Social Security Card.
(Personal Experience: When I was a teenager my father always made sure we were current on a state issued identification card. So, if you don’t have an I.D. go to your local DPS office and get one for a small fee.)
What type of bank account should you open?It depends on it will be used for. There are several account options available to you but the two most common accounts are a checking and savings. In these two account categories fall many option. So, check with the bank of your choice to see what type of Checking and Savings accounts are available and what is needed to open & maintain your account. You need to know the requirements, fees, etc to keep you account in good standing.
Is there an opening deposit? The opening deposit depends on the banking institution of your choice. Some banks run specials to wheel you in while other banks may not. So be sure to check to see if the banking institution of your choice is running any specials with the opening deposit. Check for free gifts too!
Do banks check your credit?It is not usual for a banking institution to perform a credit check when opening an account. What is normal is for a institution to check CheckSystems or TeleCheck or some other type of check system when opening account. If you have had an bank account or a check to go bad it may be reported to a check system program which then you can be denied of a bank account.
What if I am denied an account?If your personal information is in Check System and you have been denied a bank account then some banking institutions have alternatives. Some having checking accounts where they do not check any check system service and will not issue a check but they will issue a debit card. In some cases the banking system can vote on whether or not to extend and account to you even though your personal information is in check system and the cause is justifiable. It all depends on the banking institution in which you chose. Be sure to check to see what options are available to you.
Banking Alternatives:
There are times when you have been denied a banking account and you really need to have an account badly. You may have job that required direct deposit or need to build your credit. In this case you do have banking alternatives.
I recommend personally, Account Now VISA or MASTERCARD Debit. I have a banking account and have had one for many years. But, when I learned of the benefits that this debit card offers, I thought I would get one just because of the benefits.
#1 It is free with direct deposit. There is a 9.95 activation fee but it is free when you sign up for direct deposit.
#2 You can manage it online and it has free bill pay. Bill pay is awesome! Being able to access my card at any time is a plus!
#3 No hidden fees! This is like it was to good to be true, but truly there are not any hidden fees. I compared this card to other prepaid debits and found out that you are way better off getting an Account Now Debit Card. Many charge for calling customer service, you don’t get charge for making a customer service phone call with this card!
#4 Free credit builder.This is one of the main reasons why I wanted the Account Now card. It will help build your credit. If you use the free bill payers, when you pay your bills frequently and it reports it that you are paying your bills ontime. Which builds your credit and it is not even a credit card. This is an AWESOME thing!
#5 Money when you need it. Here is another reason why I got a card! Forget about having to need one of those costly payday loans. If you have any type of direct deposit on your Account Now card, you are able to get a low interest loan and you are autmactially approved when you have direct deposit. I am serious, you get money when you need it within seconds. The money is avaliable to you and the interest is unbeatable!
Oh and NO overdraft fees & No CheckSystems!
I wanted to see for myself how this card works. I have seen it advertise and I had no need for it. But, I could use it to do the things that I do periodically like borrow money, for one. Then to have a free credit builder with no strings attached is another great reason.
Account Now is a great alternative when you need an account. You get all the benefits of a regular banking account! They have excellent customer service. I use it for something personal just to take advantages of the many benefits that this card has to offer.
TaWana S.
This is not a paid post!
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Credit Card Direct!
Posted on April 9, 2009 by MANIFEST ME! in Banking/Money/Finance, GeneralAre you thinking about your credit? Have you thought about the dangers you are facing with recession, foreclosures, and bankruptcy? Do you think there is no possible way to get back on track after you have had it rough?
Don’t worry! Life isn’t over. Remember that what we experience in life is all apart of life. Sometimes we have no immediate control over how things will work out for us. What we can bank on is that things will get better.
If you are looking to rebuild your credit, there are numerous of credit card companies that will help you. So you are probably thinking that it is impossible for you to find the right credit card, right? Well, think again.
How would you like to experience finding the perfect credit card no matter what type of credit you may have with out a credit check. There is no catch, your credit status is evaluated without checking your credit matching you with the best credit card for your area of interest. So, if you have excellent credit and want to see all of your options, you can see them in one place. If you have bad credit and you want to know what options are made available to you, there are in one place.
All the annual fees, interest rates, discounts, etc (if any) will be right before your eyes. The best part about it is that there is no credit check required to let you see what cards fits you. So, if you shopping for a credit card check out http://www.cardhub.com. I checked it out and that is why I am writing about it!
TaWana S.
Please view the site disclosure.
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Recession in your life…
Posted on January 7, 2009 by MANIFEST ME! in GeneralFor many, recession has hit hard. For a few they have not been affected by recession at all. I hope that you are inspired from this post. Not only inspired but maybe leave with the sense after reading that there is something more to your life than just struggle.
In the economy the talks of recession surfaced and it was finally acknowledged what has been going on for over a year now was true. Recession was starring the U.S. right in the face. Recession can mean a number of things. Webster describes it as the act or action of receding, withdrawal; a departing procession such as clergy and choir at the end of a church service and what we have witness through the economy a period of reduced economic activity. I was told what is happening naturally reflects what is happening spiritually. No matter what your belief may be, you have to understand the revelatory matter from happenings from day to day. (more…)
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And the winners are….
Posted on January 6, 2009 by MANIFEST ME! in GeneralHey, hey, hey!!! I want to take this time to announce our and congratulate our winners from November and December. If you have not receive an email please check your junk mail folder or if you see your name here, claim your prize! I need your mailing address and your real name =) !
CONGRATULATIONS!!
BAYSGIRL
CHOSEN AND ANOINTED
DBROWN940
PETERS4677
These winners have won one or more of the following…. (more…)
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