Debt Management

Here are a few tips to consider at different phases of life to make sure you are on the right track to retirement readiness. If you’re in your 20s, you may have just graduated college or gotten your first full-time job. Once you’ve set a budget and created a plan to pay off any college […]

For many Americans, debt is a growing stressor, especially in these times of uncertainty. One may feel embarrassed and overwhelmed by their debt and feel like there is no way to get out. A recent job loss or history of mental disorders could exacerbate an already stressful situation. Debt can make one feel trapped which

If bills are stacking up and you’re feeling overwhelmed, you may want to look into consolidating your debt. Not sure what this is? Consolidating your debt allows you to pay off or create a manageable budget for paying your bills. There are several things to consider when looking into consolidating your debt and one of

Is there really such a thing as “healthy” debt? It’s true that the word “debt” has negative connotations, but most financial experts agree that certain kinds of debt can be healthy. While any debt has the potential to become bad, debt is considered “good” when it is taken on with the likelihood you will increase

We’d all love to have hundreds of thousands of dollars in the bank on the day we retire, sure. But since many of us have tens of thousands of dollars in debt – for years – it can be difficult to envision a post-retirement free from debt. However, if you act now and start chipping

The COVID-19 pandemic has directly contributed to lost hours, wages, and jobs, and many who have been impacted are enduring the stresses of financial insecurity. But don’t lose hope, there are steps you can take to alleviate your financial burdens. Track Your Spending: If you haven’t already, now is the time to revamp your budget.

Though you may gave gotten a credit card with the idea of building credit and alleviating the burden of bills each month, if the debt itself has become too high, and you’re also dealing with other mounting expenses from loans or medical bills, it might be time to consider the question: Is debt management a

Last month we talked about how to avoid holiday debt. This month we’re focusing more on what to do if you still have debt from the holidays. When the new year rolls around many like to look at it as a fresh start. But starting the year in debt can derail even the most ambitious

It’s that time of the year again—tax refund time. But as an added bonus, millions of Americans recently qualified for a stimulus check as part of the American Rescue Plan. If you’re one of the many Americans who have been negatively impacted financially by the coronavirus, you might want to consider carefully how to best

Millions of Americans were left jobless or on stricter incomes as a result of the COVID-19 pandemic, making paying the bills a daily struggle. In response, many credit lenders offered special repayment options, while under the CARES Act, homeowners and students with federally backed loans were offered temporary payment relief in the form of forbearance.