Debt seems inevitable these days, but how you deal with it can make all the difference. We will discuss different types of debt, solutions and how to avoid getting stung in a debt trap.
By: Samantha Savory Getting out of debt, typically credit card debt or unsecured debt, is one of the most popular New Year’s resolutions every year. With 2011 literally around the corner, we want to help you get closer to that goal by reinforcing positive financial decisions. Here are some tips and ideas for getting out […]
By April Lewis-Parks 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 […]
By April Lewis-Parks Here are 5 suggestions that you may want to consider implementing in 2011. Now is the time to get control of your finances, and take that first step down the path to financial fitness. Why not start this next year off on the right financial foot? 1. Spend less than you make. […]
By April Lewis-Parks The combination of rising credit card minimum payments and reduced credit limits coupled with record levels of unemployment are challenges for many Americans as we enter 2011 and even with all this, holiday spending was up 3.3% over last year. Christmas 2010 could go down as the holiday season that Americans spent, […]
We are receiving stories from people about their money struggles and we wanted to take this opportunity to share them with you. If you have a story you would like to share, please email us. Imagine drowning in a sea of financial debt and feeling totally helpless. No help in sight. No life saver. No […]
By April Lewis-Parks No matter how much you love the holidays or how well you’ve planned, if you’re like most people you’ll find yourself frazzled at times. You may find yourself searching for the perfect gift, trying to create an impressive dinner for guests or scrambling to put up holiday decorations. The best gift you […]
By April Lewis-Parks The holiday season is officially here and you might be tempted to pull out the credit cards and charge this year’s holiday gifts, but we have some tips to help you get the most out of your holiday shopping: Create a Holiday Budget – Don’t start your holiday shopping until you know how much […]
By Kathryn Katz About seven years ago my father passed away and left my mother with the responsibility of managing her finances for the first time, at the age of 60. She had never balanced a checkbook, paid the monthly bills or had to worry about her investment portfolio. My father handled everything because that’s […]
By Kathryn Katz From cable bills, to utility, to mortgage and school loans – you can automate it all and let other people do your bill paying for you. But is that really the wise thing to do? Should you allow your billers access to your accounts, the privilege of taking your hard earned money […]
By Samantha Savory I have been fortunate to stay away from credit cards and have no credit card debt. I stayed away from credit cards beacuse my mother always told me to not get a credit card unless I have an income to pay it back. Now, student loan debt, that’s a different subject. Most young people […]
Many consumers make the mistake of thinking that debt consolidation and debt settlement are the same thing. However, there are some distinct differences between these methods of handling your debts. The below infographic highlights the main differences between these two debt options.
By Samantha Savory It’s almost cliché to talk about how bad the American economy is—but the fact of the matter is, the unemployment rate is still high, the cost of living is inching its way up and people are feverishly looking to receive debt help. Once you have a clear understanding of your financial problems, the […]