Bills IQ
Every one should have a strong control over their finances. Debt is one of the most common things among people and it is on the high rise in the United States and also in many other countries. The reason is the people don’t have a control over their expenditure and their expenses bracket falls beyond the income bracket and eventually they end up borrowing money from some where at a high interest rate. I have always had a good credit score and pay off my bills at the right time.
I have also been in a financial nightmare but it was not that huge. I had planned well and so it didn’t have a major impact. It happened because i had to pay my university fees and it was a pretty huge sum. I put in all my savings and was then dependent on credit cards and i was also forced to get a loan. But over a period of time things got better.
Getting into a financial nightmare is really a bad thing. This may happen after you encounter a big expense in a certain month. This may be due to health expenses or because you bought a house. Planning well in advance will help you a lot in tackling the situation and dealing with the debt. I recently checked out the progress meter from BillsIQ and it is really a amazing thing. It is a simple user friendly questionnaire with five sections and it will give you the Bills IQ score. At the end it also suggests the things with which you can boost up your financial profile. Take the quiz and see where you stand.