Debt Consolidation Whiz Focuses on Personal Life Choices and its Effects on Consumer Finances
New York, NY (PRWEB) July 19, 2013 -- Debt Consolidation Whiz, an online resource for debt relief and personal finance information, focuses on life choices and how consumers should carefully decide on the path they will take. They cite four different choices that represent major milestones in the life cycle of every person.
The two articles published within a day of each other divided the four major choices that people have to make in their lifetime. The first article ““Personal Finance And Your Life Choices (Part 1): Education and Marriage,” was published on July 11 while “Personal Finance And Your Life Choices (Part 2): Parenthood and Retirement,” was published July 12.
The first article began by explaining how some choices are made by relying on emotional, physical and mental readiness. However, Debt Consolidation Whiz encourages readers that they should also consider their personal finances first before finalizing any decision that they will make.
The first life choice involved education. The article encourages readers to consider carefully if putting themselves through hefty student loans will really give them the life that they want. Despite the chance of getting higher compensation, the article claims that degree holders may not be as financially successful as they hoped they would be. Debt Consolidation Whiz also encourages students to keep a close watch on their credit card usage. Most graduates are in so much trouble because they also racked up credit card debt - which they have to deal with on top of their student loans.
The second life choice that people will have to go through is marriage. The article acknowledges that readers must choose with their heart but that does not mean they disregard the financial union that will also happen. They encourage readers who are about to get married to talk to their partner about each other’s finances. While the article sounds a bit pessimistic, they still discuss how one divorce can ruin the financial standing that the reader may have been taking care of while they were single. It is also important that the couple discuss who get to pay for what and other details of the household finances. If any of them are bringing in debt to the marriage, all of these will have to be aired out before they exchange their vows.
The third life choice involves parenthood. This is also an emotional choice but couples should understand that there is a big financial obligation that is also involved here. Children depend on their parents for everything - even finances. Until they are big enough to work on their own, parents should look after their children and provide for all their needs. From the education to healthcare, clothing and toys, all of these will be financed by parents.
The last life choice that will mark an important milestone in a person’s life is retirement. It is more of deciding when to retire - which is mostly a financial decision actually. The article claims that age will keep the retiree unable to work and earn money as much as they used to - which means they have to be financially prepared for it. Debt Consolidation Whiz encourages readers to make sure they start preparing for this stage in their life and keep their present financial decisions from ruining their chances of a good retirement.
To read the whole article, visit the Debt Consolidation Whiz website.
Sallie Steinbach, Debt Consolidation Whiz, http://debtconsolidationwhiz.com/, 1-877-837-1172, [email protected]
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