• The Differences Between Debit Cards and Credit Cards

    The Differences Between Debit Cards and Credit Cards

    Every time you make a purchase using plastic, whether at the grocery store, retail outlet, or a gas pump, you are most likely prompted to choose whether you are using a debit or a credit card. Other than the fact that one requires a PIN (your four- to six-digit...
  • Fast and Effective Ways to Pay Down Debt

    Fast and Effective Ways to Pay Down Debt

    Are you heavy in debt and need to get out from under the burden? Is debt limiting your options in life and you need a way out? Debt has a way of creeping up on all of us, especially when we least expect it. If this has happened to...
  • How the 50/30/20 Rule Can Keep You on Budget

    How the 50/30/20 Rule Can Keep You on Budget

    Ever heard of the “50/30/20 rule?”  This type of spending plan has been around a while, although maybe you’re not familiar with it. But if you find most financial management plans too complex to be helpful, the simple budgeting strategy within the 50/30/20 could be the key that finally...
  • Debt Management: Signs This Is for You

    Debt Management: Signs This Is for You

    If you’re in debt in the US, you’re in good company. At the end of 2019, American household debt surged past $14 trillion (yep, that’s TRILLION with a “T”) for the first time. Most of this debt is in the form of mortgages, but credit card debt also hit...
  • Heard of These 4 Credit Card Myths?

    Heard of These 4 Credit Card Myths?

    When it comes to personal finance in the 21st century, credit cards are inarguably one of the most common tools that consumers use. You’d be hard-pressed to find an adult today without one in his or her wallet. But that doesn’t mean that we all completely understand the implications...
  • Is It Okay To Pay Just The Minimum On Credit Card Debt?

    Is It Okay To Pay Just The Minimum On Credit Card Debt?

    Whether your financial goals are as simple as building a small emergency fund or as complex as savings and investments for retirement, few things can derail your plan faster than debt. That is why most experts and financial planners suggest prioritizing debt repayment first, before many other goals, and...
  • I Missed a Credit Card Payment… So What?

    I Missed a Credit Card Payment… So What?

    We talk a lot about paying your credit card bills on time. Why?  Because it’s REALLY important when taking control of your financial life. By knowing when your bills are due and getting into the habit of paying them by the deadline, you’ll reduce your stress. You can also...
  • Consolidating Your Debt? Here’s What NOT to Do

    Consolidating Your Debt? Here’s What NOT to Do

    Every month, you face a mound of credit card and bank statements (or your inbox fills up with them, and you have to write a separate check (or perform an individual internet transfer) for each of them. All the while, you feel like you’re no closer to zeroing out...
  • Do You Have SMART Goals for Your Debt?

    Do You Have SMART Goals for Your Debt?

    We talk a lot about credit card debt because it’s so pervasive in our society. In fact, the Federal Reserve estimates that the average American household carries $5,700 in credit card debt. And their prognosis is worse for those who can’t pay off their balances in full each month...
  • How to Repay Debt: 4 Options

    How to Repay Debt: 4 Options

    So, you’ve got a bunch of unsecured debt. You’ve been managing it, for the most part, but you’re finally fed up. You’re more than ready to start living debt-free. Great decision! Now what? There are many different approaches for tackling debt repayment. The option you choose is strictly a...