Budgeting

Day 1 of America Saves Week - Dine in, Not Out

Day 1 – Dine In, Not Out Eating out has become routine for many Americans. Reasons to go to restaurants are easy to find; I’m too tired to cook, I don’t want to have to clean, we all want different things for dinner, it’s easier, the list goes on. As...

Posted on December 23, 2016

Day 4 of America Saves Week - Retirement

Day 4 - Retirement Plans Retirement is a very intimidating issue for most Americans, because of this, they try to avoid it. Every year the amount of Americans unprepared for retirement continues to climb. A 2010 report claimed only 69% of �working households� were saving for retirement (Carty 1). The number...

Posted on December 23, 2016

America Saves Week Begins Monday

American Financial Solutions is taking part in America Saves Week. America Saves Week begins on February 25th, and will continue until March 2nd. This is a week dedicated to saving. Americans are encouraged to save as much as they can and put an emphasis on financial responsibility. This is a...

Posted on December 23, 2016

Overspending and Under-saving Actually Same Problem

Washington, DC – The January poll hosted on the National Foundation for Credit Counseling (NFCC) website asked consumers if they had a spending problem, savings problem, neither or both.  The overwhelming majority, 62%, identified themselves as having problems related to both spending and saving. “The good news is that having...

Posted on December 23, 2016

NFCC Suggests Ways to Find Money and Offset Social Security Tax Hike

Washington, DC – Paychecks are getting smaller. While many Americans are breathing a sigh of relief that their income tax did not increase, there is nonetheless a tax increase that will impact all paychecks.  The Social Security payroll tax rate was reduced for 2011 and 2012, with the employee contribution...

Posted on December 23, 2016

Poll Shows Overwhelming Majority of Consumers Will Cut Back or Spend Zero on Holiday Shopping

Washington, DC – The November poll hosted on the National Foundation for Credit Counseling (NFCC) website queried consumers regarding holiday spending.  The results revealed that 50 percent of consumers intend to spend less on holiday purchases this year than last, indicating they are in a worse financial position, while...

Posted on December 23, 2016

Holiday Overspending Can Have Long Term Consequences

  Washington, DC – Millions of consumers have begun their holiday shopping, snagging sale items either in-person or online, and therefore considering themselves savvy shoppers.  At the same time, many lost sight of the fact that regardless of the price, a bargain isn’t a smart purchase if it compromises a...

Posted on December 23, 2016

10 Tips to Save on Thanksgiving Dinner

  Follow these easy ways to throw a budget-friendly feast, and you'll be thankful for the extra savings. From Stacy Johnson, our Partner at MoneyTalksNews; Written by Amanda Geronikos Thanksgiving is a time to give thanks, overeat, and spend time with family – but it isn’t cheap. In 2017, the cost of a traditional Thanksgiving...

Posted on December 23, 2016

11 DIY Halloween Costumes for Under $10

Cute costumes, dirt cheap!

Posted on December 23, 2016

Medical Bills: Finding the Right Help Is Critical for Eliminating Debt, Says American Financial Solutions

  When Mrs. Ramirez met with American Financial Solutions’ certified credit counselor Carmen Perales, she and her husband owed $30,000 in medical bills. Perales worked with the family to establish a budget and to understand all of their expenses, but that was not all they accomplished.  The Supreme Court’s recent ruling...

Posted on December 23, 2016