Stuart Laing Profile and Articles

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1). Becoming Debt Free Requires Desire
You want to escape from your debts, right? But before you make a start, let me remind you that it won’t be easy. In fact, it could be one of the hardest things that you’ll ever do in your life.

Don’t be under any illusions about this. Enormous self-discipline is required from you. The more you owe, the harder this will be, and the longer it will take.

2). Five Reasons To Get Out Of Debt
Do you want to get out of debt but can't find the motivation? Do you dread the mail arriving in case it brings you even more bills to pay?

Well if you need a burst of motivation to improve your financial position, I've put together five reasons to get out of debt and avoid borrowing in the future.

1) Everything that you buy becomes much more expensive

OK, I’ll show you.

3). The Danger Of Rounding Up Your Debts
Rounding up your debts is one of the biggest dangers to your financial position. It's also one of the easiest ways for your debts to get out of control.

This way of thinking is best summed up by the following comment; ‘I already owe $27500 so what’s another $500. It takes my debt to a nice round figure $28000’.

That’s a dangerous way to think. From bitter personal experience, I know what it’s like.

4). Confront Your Debts
The first stage of getting out of debt is to work out the size of your problem….to the nearest cent! If you don't know the true extent of your debt, you won't be able to do anything about it.

I want you to collect together every statement, account, bill and final reminder that you’ve got. Add together everything, and I mean EVERYTHING that you owe to other people.

5). How To Budget
It’s always a good idea to use a budget to keep track of your personal finances, but it’s vital when you’re up to your neck in debt!

The basic idea is simple. A budget just compares the income you have each week or each month with the things that you have to purchase.

Right, first you need to work out your total monthly income. Include your income from all sources.

6). The Real Meaning Of Debt
Right, what does debt really mean?

Debt is money that someone else lends you, on the understanding that you’ll pay it back. Let’s face it, if you didn’t have to pay it back, it wouldn’t be a debt, would it? It would be a gift or a grant.

But it doesn’t end there. If only it were that simple!

Almost everyone who is willing to lend you money will expect something in return.

7). Prioritise Debt Repayments
One of the best ways to speed up the repayment of your debts is to focus your attention on paying off the loans that carry the highest rate of interest first. Get rid of the debts that cost you most to service.

Here’s what to do. Compare the interest rate on each of your loans and repay those with the highest rate first. The only way to do this is to look at the rate of APR on each of your debts.

8). Debt Negotiation Tips
When you reach the position where you can't afford your debt repayments, it's time to take action.

Instead of running from your situation you need to take positive steps to fix it. If you reach the stage where you can’t keep up with the repayments, it’s VITAL that you contact your creditors as soon as possible and explain your situation.

It will help your situation greatly if you mange to contact your creditors before they contact you.

9). Escape Debt - Consider Who Your Friends Are
Certain people are bad for your debts. Have you ever noticed how certain people encourage you to spend more heavily than others? You know, those who are always urging you to ‘stick it on your card, because you deserve a treat’. But what about the ‘treat’ when the statement arrives?

When people go shopping together they tend to egg each other on to spend money that they don’t have.

10). Don't Bluff Your Creditors
When approaching your lender to make an offer of reduced debt repayments, it's best to be completely honest and offer them as much as you can realistically afford to pay month by month.

Whatever happens, don't try to call their bluff.

You might think that the best thing to do is to become ballsy about your situation. After all, you know that they don’t want to take legal action (because they stand to recover less of their money), and they know that you know this.

11). What Are Biometric Gun Safes?
Biometric gun safes are security storing devices that uses a fingerprint reading lock intead of the ordinary mechanical lock.

12). Fireproof Safes And Gun Safes
The importance of owning a fireproof safe to store documents or firearms.

13). Ways To Prevent A Home Invasion
Tips and suggestions on how to prevent a home invasion.

14). Guns and Safety for The Home Owner
We know we have a great responsibility in protecting our family, our home, and our possessions. However, in this day and age, it is something that is becoming harder and harder to accomplish. With crime rates on the rise we have to continually find ways to provide this protection.

Here are a few things you can do to minimize the risk your home and family are faced with.