Every marriage has it’s ups and downs. One of the things that many couples deal with is the financial burden of trying to maintain their lifestyle. A lot of marital disputes are over things like money and the fact that there is never enough. Do you and your spouse sit down and talk about your financial situation often? Do you work together to come up with ideas on how to save for retirement as well as saving for emergency situations? A lot of couples do not talk about their finances and this can … [Read more...]
How Do You Get Into Debt?
If you are looking for debt consolidation loans and ways to get out of debt, you need to realize the reason why you are even in debt. Many people do not know how easy it is to get into debt until they are living paycheck to paycheck and can barely afford to buy groceries. Once you know why and how you got into debt, you can learn solutions to breaking the debt cycle. Here are some of the common reasons why people are swimming in debt. Credit Cards The problem many people have with credit cards … [Read more...]
What Debt Really Does To You
There are millions of Americans that are swimming in debt and don’t know how to break the debt cycle. If you pay off one credit card and then find yourself using it again when you have other debts to pay back, you haven’t learned from your poor spending habits in the past and will continue the debt cycle for years. There are many people that try to justify debt and to claim that some debts are good and others are bad. Having a little debt on your credit card is “normal” right? Well if you cannot … [Read more...]
The Overdraft Fee Nightmare
The Consumer Financial Protection Bureau, new to the scene of consumer reporting, is challenging the banking institution’s practice of charging overdraft protection penalty fees on checking accounts. They are testing sample text that will disclose these fees on checking account statements. Overdraft fees have the capacity of inflicting serious financial damage on those people who can least afford it. The bureau wants to learn how consumers are affected, and how they are able to anticipate and … [Read more...]
Make and Keep Your Financial Goals
As a financial advisor you may be surprised to know that there is only one thing I like more than saving money, investing money and making money: that is spending money. Although I think I am frugal, my husband thinks that I am the infomercial’s favorite victim, the shampoo industry’s biggest client and the tourism industry’s biggest vacationer. But I have to put it in perspective so I don’t spend more than I make.It is always a good idea to have goals and I have many of them. But it is not … [Read more...]
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