2013년 12월 3일 화요일

About 'us debt problem'|Chinese Ownership of US Debt - Facing The Problem







About 'us debt problem'|Chinese Ownership of US Debt - Facing The Problem








               What               is               Debt               ceiling?

How               does               that               effect               your               personal               Debt               management?
               Can               you               payoff               Credit               Card               Debt               or               other               debts               or               even               do               Debt               consolidation               regardless               of               any               changes               that               might               occur?
               If               you               have               been               watching               the               news!

the               words               "Debt               ceiling"               has               been               coming               up               with               great               frequency               and               suggests               larger               Debt               problems               in               the               USA.

Does               that               spell               into               greater               problems               for               the               US               economy?

How               about               the               Canadian               economy?
               The               answer               to               that               is               as               usual,               it               depends.

Let               us               look               at               it               from               a               personal               finances               point               of               view.
               Is               there               a               Debt               ceiling               for               personal               Debt?

more               importantly,               should               you               have               a               Debt               ceiling               for               you               personal               finances?

the               answer               to               those               questions               is               a               big               YES.
               How               do               you               find               out               what               it               is?

Calculate               your               Debt               to               income               ratio.
               This               is               not               a               simple               answer.

Is               it?

Well,               let               us               try               to               simplify               this;               ask               yourself,               if               you               go               to               the               Bank               and               ask               for               additional               Credit               facility,               would               the               bank               extend               your               credit               or               deny               it?

and               why               would               they               accept               or               deny               the               request               for               additional               Credit?
               The               Bank               will               do               an               assessment               of               your               total               current               Debts               ,               get               an               idea               of               your               Expenses               and               compare               it               to               your               Income               and               Assets.
               Here               are               quick               ways               for               you               to               get               a               quick               answer
               Are               you               making               only               minimum               payments               on               your               credit               card?

Are               you               able               to               payoff               Debts               that               you               are               currently               carrying               within               a               planned               period               of               time?

Are               you               getting               calls               from               collection               agencies?

Has               any               change               occurred               in               your               job               situation?

Has               any               change               occurred               in               your               personal               life?

If               you               answered               Yes               to               any               of               the               above,               raise               (1)               one               flag.
               If               you               answered               Yes               to               more               than               one               of               the               above               then               raise               (2)               two               flags.
               You               get               the               idea.
               So               how               does               the               economy               effect               your               personal               situation?

well,               if               we               keep               increasing               the               size               of               the               Debt               our               long               term               ability               to               get               rid               of               this               Debt               becomes               less               viable.

It               is               like               your               personal               health,               if               you               keep               buying               larger               size               dresses               or               pants               to               fit               your               new               weight               increase,               then               your               ability               to               shed               off               this               weight               gets               harder.

Personal               debt               is               no               different.
               Initially,               Debt               amounts               may               seem               manageable,               the               Debt               problem               gets               worse               as               interest               keeps               adding               up.
               For               you               to               keep               on               top               of               your               financial               situation,               use               redly               available               tools               that               helps               you               track               your               Debts               like               a               self               help               work               sheet               ,               use               the               link               for               one               we               put               together.
               Or               use               on-line               tools               that               provide               a               good               estimate               if               there               is               a               change               in               the               amount               of               Debt,               increase               in               interest               rates,               even               what               would               be               a               good               amount               to               pay               monthly               on               your               Debts,               try               our               free               Debt               Calculator.
               Debt               Ceiling               is               a               measure               for               your               own               ability               to               handle               your               Debts               and               particularly               the               unsecured               Debt.

Set               your               own               limit               and               ceiling               as               it               pertains               to               your               own               situation.

when               in               doubt               talk               to               the               experts               in               Debt               Management               and               take               advantage               on               any               free               counseling               and               assessments.






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