There are lots of fun things happening around this time of year, but don’t forget to give yourself an annual financial checkup! As we prepare to usher in the new year, take a moment to go through this year-end financial checklist. Review your budget Is your monthly budget still working well for you? Are you stretching some spending categories or …
The holidays are in the rearview, but if you’ve gone over budget with your spending, it’s time to deal with the aftermath, which is coming head-on. Here’s how you can get your budget back on track for the new year. Review your holiday spending How much debt did this season’s spending set you back? Spend some time crunching the numbers …
A true shopaholic will feel an irresistible urge to shop and spend money, which will often have a negative impact on their financial stability and personal well-being. In today’s increasingly digital world, shopping is an activity that is accessible at any time and anywhere. Unfortunately, though, this can make shopping addictions more widespread. But how can you tell if you’re just …
With consumer debt at an all-time high, this is a question that many Americans are grappling with right now. The credit card trap can easily make you feel like there’s no way out, but this is far from the truth. Yes, you can break free! With the right tools and the willingness to work hard at your goal until it’s …
Debt liability is a loaded topic with no easy outs. Your own liability for debts that your partner is bringing into the marriage will depend on several factors, but for the most part, saying “I do” does not make you accountable for your partner’s debt. Here are all your questions about debt and marriage, answered. Am I responsible for my …
Borrowing money is often a necessary part of running a business. It’s important to proceed with caution and understand business borrowing before taking on new debt. Here’s all you need to know about striking a balance when borrowing for your business: What is debt capacity? Debt capacity refers to the amount of money a business can reasonably borrow and pay …
Spring is a great time of year to clear your house of accumulated junk and make it sparkle. Why not do the same for your finances? Junk can accumulate there, too. In fact, some of your money matters may need a good wipe down this season. Here are some ways to spring clean your finances: Sweep out your budget It’s …
No matter what’s going in with the economy, debt-collection scams are always around. Now, scammers are exploiting the financial downturn by tricking unsuspecting victims into paying for debts that don’t actually exist or using abusive tactics to collect legitimate debts. Don’t be the next victim of a debt-collection scam. Here’s all you need to know about these scams: How the …
