Increase Your Personal Finance Knowledge

It’s kind of tough news hearing that Freddie Mac and Fannie Mae are requiring help with their excessive debts and government help was all that kept them from falling into a deep abyss of bankruptcy. It just goes to show just how deep the current housing problems really are. As the number of foreclosure increase, the number of people with debt problems are increasing.

Now is a good idea to find out what your Bills IQ is. At Bills.com, they have a great little online application where you can find out what your bills IQ is and then be presented with ways to improve it. It really is simple and the results are interesting indeed.

I took the quiz the other day and my results were certainly eye opening. I know quite a bit about business, the economy, and personal finance, but my grade wasn’t as good as it should be. I think it might be because I like to use shortcuts. Anyways, the advice was really good on how to make better use of my income and improve my handling of debt.

In fact, the information on debt help was probably the most useful advice that I was given. For example, I was advised to look into debt consolidation in order to take control of my debt. As I explored this more and more, I realized that this is great debt relief advice.

Tags: Bills IQ, debt, debt consolidation, debt help, debt relief