People who are successful entrepreneurs know that reducing unnecessary spending can do as much to protect a business’s future as generating more sales. The same rules can apply to you as you work to improve your financial profile if you are willing to apply some of those principles.
Posted on Aug 20, 2014
Sometimes it can be hard to determine what came first; financial problems or depression. However once the debt has become and issue it can increase the amount of hopelessness and anxiety people feel. The good news is, help is available.
Posted on Aug 18, 2014
In many families, one person is the designated financial planner. While it may help keep the rest of the family stress free, sharing the process and decisions can be helpful to all everyone. Here is how to get started in your family.
Posted on Aug 07, 2014
We've all had the pitch, "do what I do and you'll make thousands of dollars a month." Are any of these schemes real and how can we tell?
Posted on Jul 11, 2014
Happy 4th of July from our Family to Yours!
Posted on Jul 04, 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
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
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
If you are a parent of an older teen or adult child and the idea of them walking around with a credit card scares you, there is good reason. Anyone using credit and debt without a proper appreciation for the pitfalls can find themselves on a disastrous date with debt later on. The best time to help your children establish and learn about credit, though, is while they are still living under your roof. That gives you a better opportunity to mold their habits in dealing with personal finances. Helping your child establish credit does contain some risk for you and your child, but eventually he or she will want to buy a car and perhaps a house and won’t be...
Posted on Mar 12, 2014