The Value of Money VS. the Impact of Debt
You truly can’t consider yourself financially stable if you are carrying debt, and although it feels difficult, it is possible to become debt-free. Do you understand the impact of debt in your full financial picture? You may bring in a good salary, pay your bills on time, have the ability to buy what you need and […]
Understanding the Realities of Debt Settlement
Before you opt for a quick fix, such as debt settlement, it’s important to understand the short and long-term effects of your decision. There are few things more stressful than debt. Whether it’s a little or a lot, debt has a way of making people feel alone, stuck, and hopeless. When faced with such a situation, […]
7 Mistakes to Avoid if You’re in Debt
In order to climb out of debt and get yourself to a more financially secure and stable future, it’s important to avoid common mistakes that can derail and postpone your progress. The decision to get out of debt can seem overwhelming and confusing, especially if you’re not totally sure how you got there in the first place.
How Debt Really Affects Your Future Financial Health
Saving for retirement is an important financial goal. Creating – and sticking to – a budget is a smart financial plan. But debt is the enemy that can derail your goals. When it comes to financial health, paying off debt is the smartest thing you can do for future success. Many adults with debt carry a […]
How Debt and Financial Stress Affect Your Health
Everyone understands that debt isn’t good for your financial health. Planning, saving, and keeping debt low are the keys to keeping your financial health in good standing. What we don’t talk about enough is how debt impacts your mental and physical health. Debt and financial stress, aside from impacting your financial well-being, can have a serious adverse […]
The Impact of Paying Off Credit Card Debt
It doesn’t matter how it started. Credit card debt can be a crippling financial burden. For many, credit card debt was not something they thought they’d need to deal with long term. Maybe you made some poor decisions, but maybe these decisions were forced on you by job loss or other unexpected expenses. No matter how you […]
7 Financial Goals Everyone Should Have
Just like any good goal setting, it helps to have short-, mid- and long term financial goals. This set of seven goals takes that into account, so you can realize financial success both quickly and on a sustained course.
How to Raise Your Credit Score
A good credit score signals good financial health, and with more than just a fair score, creditors will be more confident about extending you a line of credit in its various forms and at some of the most favorable terms.
Step-by-Step Guide to Creating a Personal Budget
Saving money can be difficult, especially when you take into account all of the different ways that you spend money — such as mortgage payments, rent, utilities, online payments, cash, debit, and (most likely) multiple credit cards. Even if you’re not living paycheck to paycheck, it’s a good idea to create a budget. The following are […]
How Can I Stop Living Paycheck to Paycheck?
Living paycheck to paycheck can be incredibly stressful. It means that if a financial emergency were to come up, you could end up finding yourself in a lot of trouble. You need to have a little bit of flexibility so that you can pay your bills without worry. In order to do this, you need […]