You have big dreams for the future. Maybe it’s buying a home with a drool-worthy, airy kitchen. Maybe it’s an early retirement so you can jet off with your S.O. and see the world. Regardless of the future you imagine for yourself, you probably know that you should be saving but might be wondering if …
Mar 11 2015 By Dave Sieminski Even a small savings account for your child could make a powerful difference in their future. A recent study shows that children from low- or-moderate-income families, who have a savings account for college, are three times more likely to go to college, and four times more likely to graduate …
(PRWEB) February 24, 2015 Springboard Nonprofit Consumer Credit Management, Inc. (“Springboard”) is urging individuals and families to assess their saving status this America Saves Week to ensure they are on track to reach their financial goals. America Saves Week, nationally recognized February 23 – 28, 2015, serves as an annual reminder to consumers to promote …
The Federal Deposit Insurance Commission (FDIC) recently released their latest findings on how people deal with managing their money. I’m not talking about high level issues like which mutual fund provides a better return, but like do you have a savings account. As a consumer debt expert the information is disturbing in two ways for …
Here is a video from Cambridge Credit Counseling that speaks directly about the need to save even when dealing with debt. I can’t stress it enough, how important it is to make saving a priority even before debt repayment. The last place you want to be is broke from spending through your savings but still …
Your final payment has been made, and you’ve contacted your credit counseling representative to let them know you will be finished with your plan. Wow! You are officially debt free! It’s so exciting that you can hardly contain yourself. That one payment you had been struggling to make for years is now yours – all …
“Dear Steve, 52 years old, Male, independant recruiter(start-up DBA), living with girlfriend/partner and 9 year old daughter in home owned by her. $21K unsecured debt. Car loan(upside down due to rollover from lease) with 43 months remaining at $358 per month. Monthly expenses ~$3K(but could reduce to $2.6K) including $750 month minimum payments on credit …
Lowen “Dear Steve, I have $102,000.00 in student loans, $21,000 in credit debt, and can’t budget my way out of a wet paper bag. I make $21.40 per hr and work 36 hrs a week, my wife works and makes $11.50 per hr and works 30 hrs per week. I own nothing of value, no …
“Dear Steve, Currently we have a lot of debt. We are making this the year to pay a lot of this down. We don’t have much of a savings. Our current debt is this: a first mortgage = 170K, second mortgage that = 35K, first credit card = 17K, second credit card = 5K, and …
“Dear Steve, I am a student and receive monthly disability compensation. I have about $40,000 worth of debt…credit card, car loan, student loan… I recently started a payment plan through a debt consolidation company and am working on getting out of debt. I do not work and have a fixed income. Should I still be …