If you’re worried about the impact of inflation on your finances and family, you’re not alone. According to a Gallup poll, 41% of people in the U.S. say inflation or the high cost of living is the most important financial problem facing their family. While inflation isn’t as high as it was at its peak in June 2022, experts are saying it could stay high until 2026.    If you’re feeling&#8230 ..read more

Paying off debt isn’t an easy feat, and figuring it out on your own may seem like a daily struggle—but help is out there. However, debt relief organizations were not created equally, so you should know your options before deciding: debt settlement or debt management? Debt Settlement or Debt Management? While both courses of action are typically done through a third-party organization and&#8230 ..read more

  As parents, one of the most valuable gifts we can give our children is the knowledge and skills to manage money wisely. Teaching financial literacy from an early age sets them on a path toward financial independence and success. Here are some crucial money lessons to impart to your kids: 1. The value of money: Help your children to understand that money is earned through hard work, time,&#8230 ..read more

  Paying down debt is never easy, but with increases in inflation and high credit card interest rates (24.66% as of April), it may get even harder. If you’re struggling with debt, a nonprofit debt consolidation agency might be able to help you pay off your debts faster and for less money in the long run.    Here is why you may want to consider a nonprofit credit counseling agency to help you&#8230 ..read more

Spring is in the air, and with that comes the urge to clean out the cobwebs in our lives, including our finances.  Here are five ways to get started decluttering your financial life.   1. Redo Your Budget Revisit your budget at least once a year to get aligned with your spending. Redoing or refreshing your budget can also help you decide if it’s not working. There isn’t just one way to&#8230 ..read more

For many, the holidays bring fond memories with friends and family. But this gift-giving season can take its toll on your wallet. If you want to take charge of your finances in the coming year, here are some tips to get you started. Budget Budgeting can seem like a pain, but it can also help you directly impact your spending. Whether you already have one or need to create one, the new year is a&#8230 ..read more

While the holidays are an exciting time of the year, they can also cause a lot of anxiety overfinances. In fact, a recent survey found that 71% of people are stressed about spending thisholiday season. Making sure you have a good handle on your credit is a step toward ensuringyou have a less stressful holiday. Here’s four ways you can combat holiday overspending and keep your credit score&#8230 ..read more

The Better Business Bureau (BBB) recently released a report showing that debt settlement (also known as debt relief) scams are rising. As of June, 1,794 consumers claimed they were defrauded by debt relief and credit card scams, with the organization noting they were tracking to receive 3,588 complaints by the end of the year. Since 2020, the BBB has logged almost 12,000 complaints of a similar&#8230 ..read more

High interest rates can make paying down credit card debt more stressful than other debts. With the national average credit card interest rate around 24.45% (as of September), this is especially true now. Many Americans are feeling the pinch in their bank accounts, so a debt management program (DMP) may be a good choice for you. According to the Federal Reserve, in the second quarter of 2023,&#8230 ..read more

Roughly more than 45 million Americans owe as much as $1.6 trillion in federal student debt, according to the U.S. Department of Education. With the student loan forbearance program coming to an end in October, Experian data shows the average monthly payment borrowers can expect to pay will hover around $200. For those already struggling or on the brink of debt, student loan repayment may be an&#8230 ..read more