Tag Archives: budgeting

Budgeting, Finances

5 Reasons Why You Might Need Financial Counseling

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There are different types of financial counseling one might needy. The truth is most people need financial counseling in one way or another, sometimes multiple ways. Whether it’s to make money or save money or not get penalized because of how the money is used, it can help to speak to a professional.

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Does that make sense? If not, don’t get discouraged. We’re offering 5 reasons why you might need financial counseling, and what type of counseling you might need.
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Budgeting

Tracking Your Spending For Your Financial Health

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How well do you track your spending habits?

We ask that question because a great number of people have absolutely no idea how or where they spend their money. This ends up with folks looking at their bank statements wondering where their money went, and sometimes leads them to either overdraw on their bank accounts or go over the limit on their credit cards.

Why is this important? Because while the Justice Department shows that the number of bankruptcies decreased 5 years in a row between 2010 and 2015, Nerd Wallet shows that overall personal debt has increased over at least 12 years.
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Budgeting

Get Your Credit Cards In Order To Get Out Of Debt

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Too many people are struggling with debt that should be easy to control. Credit cards make buying things easy, and low payments make us feel like we’ve got full control.

Credit Crunch
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Unfortunately, life isn’t always quite that simple. It turns out that minimum payments on credit cards could be the difference between getting out of debt in less than 3 years or having it linger as long as 9 years… and that’s if you never purchase another thing. It’s something most people don’t even think about; that’s we’re here to alert you.
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Managing Money

4 Ways To Conquer Your Money Fears

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Is there anything more scary than not having enough money for the things you need to take care of? Whether it’s food, bills, clothing, kids, other things, it’s a frightening proposition when you can’t figure out if you have enough money or, worse yet, don’t have a job or work in a career where you work from project to project.

Riches

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Even though we have a fairly thriving business, nothing’s ever guaranteed. Even rich people worry about downturns in income depending on how they generate their income and spend it. Very few people in the world have unlimited money, and there comes that “push to shove” moment where we all need to get going, otherwise things might get cramped.
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Budgeting, Managing Money

5 Things To Think About Before Declaring Bankruptcy

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When you feel like you can’t pay your bills, the pressure is enormous; we’re all been there. Sometimes the pressure is so great that you don’t know what to do or where to start, so you don’t do anything. Trust me, that’s the worst thing you could ever do.

Bankruptcy
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At some point, when all seems hopeless, maybe you start thinking about bankruptcy. This can be a way of starting over, but bankruptcy of today isn’t like it used to be. You don’t always get everything taken care of; there are still some things you’re liable for, such as student loans and taxes. You also have to deal with that 7-year period of limbo, in some cases 10 years, where your life is pretty much on hold if you want to buy something but need credit to help you out.
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