While certain types of crimes are down during this crisis, card scamming has increased. Perhaps it’s because it is a crime which can be perpetrated at home using a computer. Nevertheless, while you are likely to be distracted due to the crisis, now more than ever, please be vigilant to avoid being a victim of […]
Read MoreConsumer Debt
Is It Okay to Carry Credit Card Balances
No, it is never okay to carry credit card balances. This is one of many key ingredients, such as understanding your cash flow or your net worth in order to be or become financially sound. Fiscally responsible adults know that they should never carry credit card balances. However, it is not fully understood why it […]
Read MoreQuickly Lower Your Credit Card Debt
Did this past holiday season spending cause your credit card balances to increase? Maybe it wasn’t the holiday spending but other expenses that now makes you wonder how you can quickly lower your credit card debt. No matter how the balances increased, you now have higher monthly minimum payments due. You may have been struggling […]
Read MoreHow to Deal with Your Partner’s Debt
Dealing with Your Partner’s Debt Surprise: Your Partner has Debt Committed relationships can have many surprises. Sometimes, it catches you completely off-guard, such as discovering your partner has debt that you and your partner did not know about. This article is about my personal experience with unexpected debt that was in collections under my husband’s […]
Read MoreShould I Borrow From My 401(k) Plan?
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 MoreHow 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 More