Budgeting may seem like an archaic skill in a world of well-designed banking websites and smartphone apps with convenient notifications alerting you of new charges the moment you buy something. However, knowing how to budget will not only help you to live within your means today, but also give you a view into your long-term […]
Credit Management
How to Manage Credit Card Debt Wisely in 9 Steps
According to Experian’s 2019 Consumer Credit Review, 75% of American consumers with credit cards carry an average balance of over $6,000. And the impacts can be financially devastating. Credit cards can be enticing, offering not only the ability to buy now and pay later, but also a bevy of rewards like cashback and airline miles. […]
Is Student Loan Consolidation Smart?
It may be smart to consider a student loan consolidation if your student debt picture from college is more of a collage than a still life painting. With different lenders often being responsible for federal loan programs every semester, it’s entirely possible that you’re currently responsible for repaying a number of different loans, both private […]
COVID-19 Financial Health Calculator: Extending Your Quarantine Budget
You don’t need to enter data into a Financial Health Calculator to know that saying the COVID-19 crisis has been a challenge would be a significant understatement. Even if you’ve been fortunate enough to stay healthy, not lose your job, and didn’t have the virus take a loved one away from you, the emotional and […]
What Debt to Pay Off First: How to Prioritize Debt on a Limited Budget
As the pandemic takes its toll on our economy, our unemployment rate and your personal financial wellness, there is no better time to figure out what debt to pay off first, especially if you are already on a limited budget. As we prepare for what is being called “the coronavirus recession”, there are steps you […]
Emergency Loans With No Job: Options for the Unemployed
While the unemployment rate in June showed a decline to 11.1%, that rate is still extremely high. Add to that the possibility of future declines as we continue to grapple with coronavirus, and it’s easy to see why the need for emergency loans has increased. But what if you’re among the millions of unemployed workers? […]
