Debt Management Blog

Are You Prepared for a (Financial) Disaster?

Could Your Budget Survive a Pink Slip?  A Major (and Unplanned) Expense?  Perfecting Your Contingency Plan You’ve probably heard at least one financial guru or TV-news talking head discussing the need for an emergency fund.  Some say you need $5,000 in the bank.  Some say $3,000 is plenty.  Many...

Five Credit Card Purchases You Must Avoid

Most of my readers probably know I’m not a huge fan of credit cards – in general, I believe it’s better to save up and pay cash instead of racking up hefty credit card bills. In some cases, though, credit cards make sense.  For example, some folks charge big-ticket...

Why Credit Card Minimum Payments Will Keep You In Debt

Have you been paying your credit card minimum monthly payments for years without your balance going down? This video shows you in simple terms, why making the minimum monthly payments will keep you in debt for a long time, and exactly how you can beat the system.

Savings Strategies You Can Stick To (Really!)

If you want to start saving more money, it’s a good idea to find ways to make realistic adjustments to your spending habits. Saving isn’t about deprivation – it’s about spending your money wisely and finding ways to get the most bang for your buck. Saving –...

The Money Saving Power Of The Sack Lunch

Being “Frugal For Life” doesn’t mean living under a restricted budget. It means focusing on your finances in order to free up options today and in the future. Saving money by making your own sack lunch can really add up over time and give you some significant financial options.

Teach your children debt management from an early age

In America, we are subject to the daily lives of celebrities and sports figures; what they do, what they eat, what they bought and what they wear are just some of the common themes we see in the news headlines on a daily basis.  The issue is that these...

Debt help is not just for financial reasons; it can help one’s mental health as well.

Being in debt is not just a financial issue, as many people often think.  There are deeper issues that lead to the problem in the first place. Not to mention the ramifications that debt can have on a person’s emotional and physical wellbeing.  When someone tries to get debt...

Frugal for Life: Five Ways to Spend Less and Live Well

Frugality isn’t about buying the cheapest thing available.  It’s not about saying no to family vacations or the occasional dinner out.  It’s not even about cutting out every little indulgence you love, like lattes or gossip mags. Real frugality – the kind you can actually live with on a...

A debt management program can help get your life in order

Years ago, credit cards were thought to be a handy and convenient way to pay for items over a period of time, as opposed to paying a large amount of cash all at once.  However, over the last several years we have seen a major shift in the financial...

Post-Christmas Debt Management

With the holidays being over, many people are trying to get back on track to saving their money.  Let’s face it – Christmas is an expensive time and a lot of people tend to go a little overboard on gifts, buying more than they can really afford.  However, with...