debt management
10 Money Hacks that Cut Financial Challenges Down to Size
Ronnie Pays Off $50K in Credit Card Debt and Swears Off Credit Cards
Linda P. Discovers It’s Not Hard To Live Without Credit Cards
When Physical Pain Leads to Financial Pain
Distraction over Debt Almost Ends in Disaster
Debt problems can consume our thoughts and throw us off our focus. Susie can attest. Coming home from work one day, Susie was so distracted by her debt problems that she forgot to put the car in park before exiting. As her life flashed before her eyes, so did the bills, more bills. Consolidated Credit helped Susie regain focus and control of her finances.
When Retail Therapy Turns into Financial Distress
10 tips for dealing with debt collectors, collection
By Fred O. Williams It’s something most consumers dread — a debt collector calling to ask about an unpaid credit card debt, past due student loan or medical debt. Consumer credit counselors, debt collectors and state regulators all agree that ignoring debt collectors’ letters and phone calls is a bad idea. Deal with it, they […]
Tips For Retiring Debt Free
Establish Your Personal Financial Plan
When you hear people encourage you to develop a “financial plan” it can sound dry and boring. This is probably why many people put off developing a set of goals until much later in life. The problem with this is that by then, they may not have realized all of the lost opportunities for saving, […]
‘Budget Fashionista’ Shares her Debt Management Success Story!
by April Lewis-Parks Kathryn Finney, founder and operator of The Budget Fashionista website, is an Ivy-League educated young woman who fell into a vicious cycle of debt. Like many Americans today who have overextended their finances or fallen on difficult economic times, Kathryn faced significant credit card debt that nearly left her broke and made […]
Coming Up With a Debt Management Strategy
by April Lewis-Parks Debt is a burden no matter what your age is, but when you’re in your 20s and 30s, credit card balances, student loans, auto and housing costs can be downright crippling. When you’re just starting out or at a point where you’re trying to amass some kind of savings and investments, any […]
12 Money Saving Strategies for Young Adults
3rd Place Winner of Consolidated Credit’s 15th Annual Holiday Story Contest
In early 2007, I had my daughter shortly thereafter my husband and I were married. We soon found out we were expecting another baby due to arrive at the beginning of 2008. With baby #2 on the way, the expenses from the wedding and having a new baby to care for, our bills began to […]
The Stress of Living Paycheck to Paycheck
Many Americans understand what it’s like to live paycheck to paycheck. The worry, stress and anxiety of wondering if they are going to be able to pay all their bills on time, if they’ll have enough money for groceries or even extra cash to buy their kids new clothing. This worry, stress and anxiety impacts […]
How Much are You Saving?
Believe it or not, by saving just a little bit more and choosing the right savings vehicle, you can end up saving big over a period of time. Right now the average personal savings rate is 5.3%. If you’re the average American that makes $49,777 after taxes, then you’re looking approximately $2,638 in yearly savings. […]
How to Prevent the Holiday Spending Spree from Impacting Your 2011 Budget
You threw frugality out the window for a couple months but now the spending is over and reality is setting in. Credit card bills are coming due and you must pay them off while setting up your New Year Budget. Hopefully you put enough money away to eliminate your debt, unlike over 13 million Americans […]
6 Tips for Dealing with Debt Collectors
When you have a lot of debt, you can find yourself at breaking point when debt collectors are practically knocking at your door, calling your phone non-stop, and demanding that your pay their bills. However, there’s a right way and wrong way to handle a debt collector. We’re going to dive deep into common mistakes […]