The finance emergency has brought everything to a head. The understanding that everybody else is down on their knees shouldn't make you smug, because right off the bat : why are you in that scenario? Granted thousands of people have committed the same mistakes that you have got. Unfortunately their supposed help will generally set you back rather more than you already have. You don't need an expert on finances, all you really need is somebody to make you see in your self and realize what you probably did, and what has happened is your own doing and could only be undone by you. Getting back in Money Shape The key to getting money power and control back is learning the way to budget.
Taking time off to sit down and review the quantity of money you make against your costs is step 1 to gaining financial liberty. Insurance corporations have a tough time rejecting a say they can't disprove. Some large insurers will go broke because of Credit Default Swaps, the fully uncontrolled derivative stocks invented basically to insure mortgage-backed stocks. Just like a margin call at the stock brokerage, the insurers and banks are being made to make up the difference. Sometime early in 2009, Barack Obama will know how bad things are, and will notice that the luckiest man in the USA is John McCain as he didnt win the election. The DJX Economic Average will end the year at 6000 or lower. Another ARM reset point is ready to happen before Spring 2009, and will cause chaos with the banks holding the mortgages. Here is tons more news about house
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