If you are reading this, it’s likely you are considering withdrawing funds from your retirement account. While it may seem like a good plan (after all, it is your money anyway), it’s rarely a smart idea to borrow from your 401(k) plan. Before you make the decision, let’s first explore what may be causing you […]
Read MoreConsumer Debt
How Do I Pay Off My Debt?
Six Steps on to Pay Off Consumer Debt People call me because they are literally drowning in consumer debt. Once you start accumulating debt, it’s extremely difficult to pay it off. And without a plan, it typically continues to increase, taking larger and larger bites out of your monthly budget. No matter how you ended […]
Read MoreShould I Place a Credit Freeze on My Account?
What is a Credit Freeze? After last year’s Equifax security breach, consumers were encouraged to place a credit freeze on their accounts. It’s because this is the most effective way to prevent any new credit from being opened in your name. I have been asked by a few people what a credit freeze is and […]
Read MoreDebt Counseling FAQ
When you’re drowning in debt and can’t see a way out, looking into debt counseling might be your best option. Debt is a common problem for Americans and you are not alone. Most people haven’t had any experience with debt counseling, and may have questions as to how it works. We can give you a […]
Read MoreBeware of Debt Consolidation Companies
A common question I am asked is what’s the difference between credit counseling and debt consolidation. These are entirely different concepts. Through credit counseling, you will learn how to solve your debt problems. You will also learn how to change your habits and hopefully avoid similar problems going forward. Debt consolidation removes your outstanding debt, […]
Read MoreMisuse of Interest Free Financing
What does a replacement HVAC system and $400 luxury sheets have in common? Other than being able to use your luxury sheets when your heat or air-conditioning is working properly? You can make both of these purchases by receiving an interest free financing loan. I have always been leery of interest free financing loan. It’s […]
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