Budgeting

Medical Debt, New FICO Score Good News or No News

Last week, FICO, the nation's top credit score provider, announced upcoming changes to the way some debts impact your credit score. This could be good news for thousands of people, if lenders adopt this new model.

Posted on December 23, 2016

The Family That Budgets Together...Has a Plan for Their Future

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 December 23, 2016

Urban Institute Study Raises the Question of Why People are not Reaching Out for Financial Help

People may be hesitant to reach out for help due to misconceptions about financial counseling. Here are some of the false beliefs that consumers admitted in the 2014 NFCC Financial Literacy Survey

Posted on December 23, 2016

NFCC Offers Consumers Five Steps to Finding $1,000 for Holiday Spending

NFCC Offers Consumers Five Steps to Finding $1,000 for Holiday Spending. With the holidays five months away, now is the time to take action

Posted on December 23, 2016

Six Ways to Take the Stress Out of Back to School Shopping

If you are nervous about getting your kids the clothes and supplies they need to go back to school, you’re not alone. Zulily, a retailer that focuses on women, went outside the retail realm and surveyed more than 6,000 parents about their biggest fears regarding their children as they prepare to head back to school.

Posted on December 23, 2016

Debt Settlement, Financial Friend or Foe

For years many financial experts have been warning against using “debt settlement” strategies to battle high credit card debts. According to a June 2014 report from the Center for Responsible Lending, despite changes in federal and state laws, the warnings will continue.

Posted on December 23, 2016

Another Data Breach This Time a Hotel, How to Protect Yourself

When you check into a hotel or rent a car you are required to present a credit card as security. This reality is troubling in light of the news that a single hotel in Houston reported it had been the victim of a data breach that potentially affected about 10,000 customers.

Posted on December 23, 2016

Shopping Early Can Save You Big on Back to School Costs

If you have kids there is a good chance they’ve left school and have the next couple months free of backpacks, text books and gym shorts. Assuming they are going back to school toward the end of summer, you might consider planning for and buying some of the clothes they will need when school welcomes them back, now.

Posted on December 23, 2016

You Received the Offer, Now Should You Open the Account?

The news that lenders are sending offers to riskier borrowers should remind you of one truth we all should have learned from the financial crisis seven years ago; just because you can borrow money doesn’t mean you should.

Posted on December 23, 2016

Fourth of July Fireworks That Keep Your Wallet Full and Fingers Safe

Put the lighter down this year. Let someone else put on the show. You’ve got another kind of independence to celebrate. Before you go out and spend money on fireworks this year, let us propose a few alternatives.

Posted on December 23, 2016