Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
A shocking report in the Los Angeles Times showed that single Baby Boomer women are at the greatest risk of living in poverty. Why? This is due because of lower wages, more spending and only bringing in a single paycheck. Many of us Baby Boomer women have to dramatically downsize our lives as we grow older. Instead of basking in retirement, many of us cannot even mutter the word retirement let alone think of it. Instead, many of us have to work three jobs to stay afloat. But why? Boomers Spend, Baby, Spend The American Dream portrays the idea that having more is equated with being more. The bigger the house, the bigger the car and the bigger the shoe collection is correlated with being higher on the socio-economic ladder. Susan Sterne of the Economic Analysis Association notes that, The consumer spree arose because consumers between 35 and 44 spend about 20% more than average consumers. Those between 45 and 54 spend about 30% more. Put these two age groups together and you have 40% of US households. This same group is responsible for half of the nations spending. Breadwinning Women? In the past, many Baby Boomer women in their relationships had no direct control of their finances. I know that I fell victim to indirectly to this same feat. It was not that we did not care; we were just not educated in managing and budgeting our capitol. Many of us feel and act uncomfortable around the topic of money. We (and I find myself guilty of this) wish that there was a man to come to the rescue and save the day. What Rainy Day? Hmmmm. What to do? Do you buy a new pair of Cheetah print Sling-backs or put an extra $100 in savings? (My closet has the tell tale signs of my shoe addiction.) Instead of saving for retirement, Boomers have spent their lives living in the now. Unfortunately, many of us have not saved enough to support our lifestyle leaving us in debt. A recent Los Angeles Times article reported that, Ellen Tucker Emerson cut short her nursing career to help raise her children, but money was never a worry. "He bought me furs and jewelry. We stayed at the best hotels. Once her marriage was over, her financial life looked very different. Instead of taking glamorous trips, she sweats bullets to pay her bills. At age 51, Ellen wonders how she will get by in retirement Bounce Back and Bounce Better Regardless of your age or situation, the time to take action is today! Its NEVER too late. It has been gratifying to see that even if you have had a rocky financial road, you can make a change anytime you decide. Trust me, I know. I had $88,000 of corporate credit card debt as the result of losing my marriage and business the same year. In four years I paid off my debt and moved from a pool house to a lovely home. As a life coach, it has been extremely rewarding to me to see women in their 60s make successful career changes. You are never too old to take control of your life! Tips:
- Get Real
- Write Down Your Goals
- Do Not Let Fear or Shame Stop You
- Get Help