The previous article we published, 7 Financial Issues To Discuss With Elderly Family Members, was crucial to figuring out what’s important as family members get older and need to gain more control of their future. Although that article was specific to elderly family members, some of those issues are the same that couples, or those who are thinking about becoming couples, need to think about.
Unfortunately, not everyone who gets married stays married, and these days even people who don’t get married but decide to live together as a couple end up having to deal with financial decisions on the back end that they never considered. It rarely ends pretty, so thinking about things like what’s below makes a lot of sense before mistakes are made that can’t be fixed. Continue reading Financial Issues Couples Should Discuss→
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.
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. Continue reading 4 Ways To Conquer Your Money Fears→
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.
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. Continue reading 5 Things To Think About Before Declaring Bankruptcy→
It’s been a while since we wrote about budgeting and credit cards. It’s time to reinforce the importance of understanding each of these and learning how to use your knowledge to either get control of credit cards or totally eliminate your credit card debt.
Before you decide to take action on your debt you need to know what it is. Whether it’s doing some kind of debt consolidation or filing bankruptcy, you need to know what your expenses and income is to first find out if you’re in real financial trouble or just need to get a handle on your spending. Continue reading Figuring Out Your Credit Card Debt→
Let’s face the fact that the thing we stress over more than anything else relates to money. It’s always about money; do we have enough, too much (okay, I don’t know anyone who stresses over having too much), bills, savings, investing, being robbed, taxes… ugh.
