American Financial Solutions Blog
The Heartbleed bug, a virus that made information on so-called “secure” websites insecure, is just the latest piece of news in a longstanding reality that hackers are after your financial data. If there is good news in the revelation of the breach that has been going on for about two years, it’s that what you do to protect yourself from all data theft, works in this case, too.
Posted on Apr 14, 2014
If you think you have too much debt, you are not alone. It isn’t hopeless, though. There are innumerable good examples out there of people who use credit and borrowing wisely. You can be one of them if you stay committed to a few principles.
Posted on Apr 11, 2014
The National Foundation for Credit Counseling® (NFCC) today announced the six-month activity report of the Sharpen Your Financial Focus program. To date, more than 20,000 consumers from a diverse array of states have enrolled in the program, and have completed at least two of the three steps to increase their financial situations.
Posted on Apr 09, 2014
Hidden costs and unexpected events can turn the lowest price option into a money loser. When faced with two choices, consider all the costs of your purchase.
Posted on Apr 04, 2014
Someday you might be forced to confront a bill there is no way you could pay right away. It’s often, in situations like this, that consumers immediately resort to using credit cards. It might be for a necessary expense. And that, you tell yourself, is exactly why you should have a credit card or two in the first place, to handle emergencies. You might be able to save yourself a lot of money, though, before you resort to breaking out the plastic. Ask the people providing you the service if they will accept payments. Take an unexpected medical expense. It’s easy to see why you might not think to ask a doctor or a hospital if you can make payments. Health care...
Posted on Apr 02, 2014
It’s Financial Literacy month! Start out with a quick personal finance habit assessment and then visit our main page and click on MyMoneyCheckUp to complete a free, full financial review!
Posted on Mar 31, 2014
Baseball is the best bargain among the four major sports and it's like having a day or night at the park.
Posted on Mar 28, 2014
You’ve seen the advertisements offering 30 days, 90 days, 18 months “same as cash” sales. The enticement is that as long as you pay it off within that time frame, you can buy something on credit and not pay interest. If you want something bad enough you might be tempted to overestimate your ability to meet those terms. Doing so can be costly. There is no doubt that these offers are effective at generating sales. You might even think to yourself, “I’d be stupid not to buy it.” But be forewarned; if you don’t pay it off within the time frame in the contract, you are in for a huge shock when the next bill comes around. And some experts say that...
Posted on Mar 26, 2014
When you are in a department store, eyeing a new shirt or skirt or pair of shoes for your wardrobe, one of the messages you might tell yourself is, “I deserve this.” We won’t argue with that. You do deserve it. But you deserve something else, too, the peace of mind that comes from living debt free. You also deserve the things you can buy with cash later because you have rid yourself of debt. So if you can spend cash for that piece of clothing you have your eyes on and enjoy the vacations, the car and the house in the future, then your purchase won’t cost you more than the number on the price tag. If, however, you need a credit...
Posted on Mar 21, 2014
A few weeks ago we talked about ways to save on Valentine’s Day. We acknowledged that it’s a tricky issue that could kill off the romance. But we thought we found some good ways you could enjoy the romance without making a date later for bankruptcy court. Never afraid of a challenge, let’s up the ante. If there is a wedding in your near future, you can have a great time on your magic day without paying for it into your retirement years. One website, appropriately named costofwedding.com, relying on information it said it gathered from surveys it did, estimated couples in the United States spend an average of $25,656 on the wedding. That includes the wedding ring, something you might not...
Posted on Mar 19, 2014