Home Sweet Home

Most people would agree with the sentiment that home is the best place to be. Home sweet home is an old fashioned but still common saying. When you've had a hard day at work, or you're feeling tired or sad, then many of our thoughts turn towards home.

Even when you've had a really good holiday, by the time you've travelled and walked through the door, most people's reaction is , aah, home. Home means different things to different people and there are all kinds of homes. From bedsits to mansions, these places are home to someone.

Nowadays many more people are either buying their own home, or own it outright. It is something to leave the children and it provides a person with solid assets. If they run into trouble with money or credit cards then they can always raise some finance. Increasingly people have multiple debts and there are more companies out there offering debt consolidation.

Debt consolidation means lumping all your debts together so that you have a single monthly payment that is often lower than what you were paying previously. This may involve taking out a second mortgage or a home equity loan. However, you really do need to do your homework, shop around and know what you are doing. If you can't make your payments on time then your home could be forfeit, you could also find, in the long run, thay you're paying back more. So before you get involved in debt consolidation make sure you know what you can afford or your sweet home could be lost to someone else.