Let’s face it, in the world of finance, there’s always a burning question in the air. Today’s hot topic? “Are Finance Leases Considered Debt?”. It’s a bit like pondering what to invest in during a recession, right? There’s so much to unpack! So, why not join me on this roller coaster ride? Buckle up, and …
Can debt stop me from leaving the country? If you’re planning on traveling abroad, chances are you’ve already started thinking about how to get there. But before you book your flights, ensure that your debt will not keep you from leaving the country. Traveling overseas can be complicated, and owing monies to an organization may …
Can Debt Stop Me From Leaving The Country? Know In Advance Read More »
Can debt collectors call your family? The short answer is yes. The longer answer is that they shouldn’t, and you don’t need to be afraid of them. When it comes to a debt collector calling your family members or friends, some rules and regulations protect you as a consumer. When a debt collector calls someone …
Can Debt Collectors Call Your Family? Know Your Rights Read More »
Late payment notices; calls from debt collectors; bills piling up. If you’re struggling with an immense amount of debt that you just can’t seem to crawl your way out of, you may have considered declaring bankruptcy to feel some sense of relief. There’s never one specific reason that makes a person decide to declare bankruptcy …
Considering Declaring Bankruptcy? Read This First Read More »
When it comes to paying down debt, the mindset of “the faster, the better” often takes over. But what about preparing for your future? In order to reach long-term investment goals, and reap the benefits of long-term compounding interest on those investments, you need to allocate a dedicated amount of funds each month. So, if …
If you’re screening calls from debt collectors and dodging late payment notices, just know that you’re not alone. According to a recent survey conducted by Rand Corporation, about 30 percent of households across all income levels have difficulty paying their bills, and the aftermath of the COVID-19 pandemic, paired with rising inflation, is only making …
High-interest credit card debt. If those five words send chills up and down your spine, you know all-too-well the hold those monthly payments can have on you. It can feel a bit impossible to manage thousands of dollars of debt, and trying to make a dent in your debt balance can feel like a never …
With one of the most competitive housing markets our nation has ever experienced, paired with student loan debt on an unpredictable pause, there’s a lot of uncertainty and confusion circling around. If you’re one of the 3.49 million student loan borrowers in America, an impending restart date for student loan repayments – averaging payment of …
Should You Save for a Home or Pay Off Student Loans? Read More »
It’s not all in your mind – prices on just about everything are climbing, fast. In part due to the aftermath of lockdowns and supply and labor shortages from the COVID-19 pandemic, the US inflation has peaked at a 40-year all-time high. Pile that 8%+ increase in the average cost of everyday necessities, from gas …
Avalanche vs. Snowball Method: Which is Right for Me? Read More »
We’ve said it before and we’ll say it again: inflation is getting expensive! If you’re one of the 73% of Americans who are working on being smarter with their money to ride out the increase in costs, you know a budget plays a critical role in reaching that goal. Without a budget, it’s tough to …
4 Financial Downloads To Help You Double-Down on Debt Read More »
