Bioneers’ Post

People in debt can often feel bombarded by the volume of contact from debt collectors. This can be stressful and even stoke feelings of dread and hopelessness. In the UK there is a lack of clear guidance regarding how often creditors can contact people about their debts. This has led to some people being contacted as far too frequently: one member of our Research Community was contacted seven times in seven hours by one collector about one debt. We are calling on the government to limit the number of times a firm can contact people about their debt. Limiting how frequently people in debt can be contacted is a simple change. But it could make managing finances less stressful and daunting for millions of people. Learn more about our campaign to Stop the #DebtThreats here: http://bit.ly/3uqNC0L 

MISTAKE #7 Avoid this mistake when building a legacy for your teenage child: Mistake #7 Leaving behind debt without a plan. Why? Unmanaged debt can consume your legacy. Ensure debts are covered or planned for in your estate. Let us know what you think in the comments. Visit www.homih.com to get the full list. #dlbpro #dailylegacybuilderpro #dailylegacybuilder #parentingtips #yourmrc #estateplanning #xerratta

The Living Debt Free team have some tips on what to do with the extra cash that could support you to live debt free. #Emergency Savings If you have extra cash, putting it into emergency savings account will assist you to cope with any variations in the cost of credit or the ups and downs of life. Find out more about Living Debt Free by emailing [email protected]

Debt can sometimes be the result of unfortunate life circumstances, like a serious illness, the death of a loved one, or an unexpected job loss. In today’s world – the Covid-era – this is becoming a bigger and bigger problem for all of us. If you have found yourself in insurmountable debt, know that you are not alone. Here are some points that Edudebt SG can help you how to spend money wisely and avoid drowning in debts. https://lnkd.in/gHjcaEt6

The Living Debt Free team have some tips on what to do with the extra cash that could support you to live debt free. #EmergencySavings If you have extra cash, putting it into emergency savings account will assist you to cope with any variations in the cost of credit or the ups and downs of life. Find out more about Living Debt Free by emailing [email protected] Kevin Russell Marlene M.

Do you know what our national debt clock includes? 🕐 ⚫️ Debt held by the public. and.. ⚫️ Intragovernmental holdings, including debt held by Social Security and Medicare trust funds. #nationaldebt #debtclock #TIA #truthinaccounting #socialsecurity #medicare

Deductible and non-deducti… wait, what. 🤔 Let us sum up the difference between deductible and non-deductible debt for you. To learn all about deductible and non-deductible debt head here - https://lnkd.in/eiAi4W-b 🥳 #KearneyGroup #TrulyIntegrated #FinancialAdvice #IntegratedFinancialAdvice #Debt #DeductibleDebt #NonDeductibleDebt

**The wealthy’s best-kept secret** An ultra-wealthy mentor once shared a game-changing wisdom bomb with me: **The poor borrow money. The rich pay cash. The wealthy use debt.** We’ve been misled. Parents, teachers, and the media all told us that debt is the enemy. **Here’s the truth:** Not all debt is created equal. Consumer debt for items with no long-term value? Bad debt. Debt for something that creates value? That’s good debt. Debt is one of the biggest creators of wealth in this country. You just have to know how to use it. What’s your biggest question about using debt to build wealth? Comment below.

Finding yourself in debt can be a frightening and bewildering experience. That is why it’s essential to get advice before choosing exactly what to do about it. Our advisers work with clients to carve out the best possible path to help them to manage their debt and finances. They do this while always keeping our core values in mind: • To help anyone • To show unconditional love • To act without judgement • To be open, honest, and fair • To empower our clients We are here help during difficult and overwhelming situations. Please reach out to your local free debt advice organisation if you are in debt. https://lnkd.in/eEwB-aYQ #DebtAwarenessWeek #DebtAwareness #DebtAdvice #Debt

The Living Debt Free team is discussing some of the reasons people go in to debt and how to avoid these situations. #1: Emergencies Sometimes life throws a curve ball and money is required to solve the situation. Many people are forced to go into debt to manage unforeseen situations. To reduce the impact of “Rainy Day” situations, an emergency fund that is built up over time can support you in tough times. Find out more about Living Debt Free by emailing [email protected]. Kevin Russell https://smpl.is/97jcb