DEBTSMART® EMAIL NEWSLETTER
ISSN 1538-6740 July 30, 2003 Issue 57

Tools for financial success! A Free E-Mail Newsletter from DebtSmart Online and Press One Publishing.

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Publisher: Scott Bilker, mailto:publisher@debtsmart.com

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IN THIS ISSUE

==> Cool Quote

==> Letter from the Publisher

==> DebtSmart® Help Center

==> Drowning in Debt

==> Household Math™: A Penny Paid is More Than a Penny Earned

==> Organize Your Children and Save Your Sanity

==> Affording a First Home

==> DebtSmart® Resources

==> Subscribe/Unsubscribe/Disclaimer Information

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COOL QUOTE

“My problem lies in reconciling my gross habits with my net income.” --Errol Flynn

Click below for quotes from all previous newsletters:
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?04&7428

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LETTER FROM THE PUBLISHER by Scott Bilker

Hello,

My mortgage refinance has actually gone through! I don’t believe things until they happen, and it did happen, 4.75% for 15 years, no closing costs--not one cent! True savings of $38,053.00 from my current mortgage!

It’s always a good time to shop for better rates. Check your current mortgage rate then check your options. Go to your local bank, look online, and save money!

Regards, Scott

Regards, Scott PS: If you have the latest issue of “Reader’s Digest” (August 2003), check out the green sidebar on page 208 with tips from my latest book, “Talk Your Way Out of Credit Card Debt.”

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DEBTSMART HELP CENTER
By Scott Bilker

Helping you with your debt is very important to me personally! If you've been reading my articles, you know that I always encourage self-help as a first step. However, being buried in debt can be very overwhelming, which is why you may want to explore other options.

One of those options is professional, ongoing help with credit counselors. I've started to personally check out certain companies so I can recommend the ones that are worth considering!

If you would like to speak with a representative from a...

Click below to read more: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?05&7428

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DROWNING IN DEBT
by Scott Bilker

Dear Scott, I am drowning in debt. I am attempting to figure out a budget that is livable. WE have a daughter going to college next fall, a grown son that has moved back home and a son who has moved out but we cosigned for his truck payment so we are stuck with that. I was tempted to order your book but I have gotten so many debt books but nothing that will help me. I looked at our credit card debt which is more than I make in a year. I work but had a second job that is not working out. My husband works full-time. We just need help in figuring out what to do. Thanks for at least listening. --Jeanie

Click below to read article: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?06&7428

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A PENNY PAID IS MORE THAN A PENNY EARNED
by Scott Bilker

How much is a penny really worth? When it comes to repaying debt it is certainly true that every penny counts! Say you have a $100,000 mortgage at 7% for 30 years. The monthly payment is $665.30. How much money would you save by adding just one cent to your monthly payment?

Click below to solve problem: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?07&7428

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ORGANIZE YOUR CHILDREN AND SAVE YOUR SANITY
by Gregory Thomas

It may be difficult to relate saving money with organization but the two terms really go hand in hand. If you are able to organize right down to the smallest detail, then not only will you save yourself countless panic headaches, but you will have more time on your hands allowing yourself to be more productive and get more accomplished. Organizing your own personal belongings can be...

Click below to read article: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?08&7428

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AFFORDING A FIRST HOME
by Gary Foreman

Gary, Can you help me? My husband and I would like to buy our own home to live in. How do we know if we can afford one or not? Thanks, --Donna

Donna's smart! It's always better to find out if you can afford something before you begin seriously shopping. And with low mortgage rates and home prices going up, many people are wondering if they should buy their first home now.

So how does Donna determine if they can afford to buy? Answers to a couple of questions can help them decide. First, do they have enough savings to get into a home? Second, can they afford the regular, ongoing monthly expenses.

Let's begin with the first question. How much would it take for them to get into a home? Affording a home means...

Click below to read article: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?09&7428

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DEBTSMART® RESOURCES

DebtSmart® Books, software, reports, in-print and downloads: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?01&7428

Archive of DebtSmart® Email Newsletters online: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?02&7428

How to use DebtSmart® articles FREE in your e-zine or on your web site: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?03&7428

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HOW TO SUBSCRIBE OR UNSUBSCRIBE FROM THIS NEWSLETTER

All recipients of DEBTSMART® EMAIL NEWSLETTER have signed up voluntarily for the newsletter via our website.

TO SUBSCRIBE to this newsletter click on the below link and complete the subscription form: 
http://www.debtsmart.com/cgi-pl/go/030730_en.cgi?00&7428

Please contact mailto:comments@debtsmart.com with any comments, problems, or concerns.

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The author(s), Press One Publishing, and DebtSmart.com shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused, or alleged to be caused, directly or indirectly by the information contained in this email newsletter and/or at the DebtSmart.com web site. The information, methods and techniques described may not work for you and no recommendation is made to follow the same course of action. Every effort has been made to verify the accuracy of all content contained herein. However, there may be mistakes; typographical, mathematical, or in content. This email newsletter and the DebtSmart.com web site have been created for your entertainment only. You must always seek the proper professional advice before taking any financial or legal action. You have been warned.

Copyright © 2003 Press One Publishing. All rights reserved. Please do not reprint, or host on your web site, without explicit permission. However, if you found this newsletter helpful, we grant you permission, and strongly encourage you, to e-mail it to a business associate or a friend. Thank you.