Category: Debt

Sleeping Problems and Financial Stress: Tips to Get Some Sleep

Sleeping Problems and Financial Stress: Tips to Get Some Sleep

Are you working through financial stress?  Is it interfering with your sleep and causing you to develop sleeping problems?  We talked about money stress and ways to deal with it the other day in Stress Management Techniques on Money, but I wanted to revisit the discussion again.  Why?  The issue resurfaced in conversation over the […]

October 13, 2015 | By More
How to Improve Bad Credit and A Low Credit Score

How to Improve Bad Credit and A Low Credit Score

Are you a consumer who is dealing with the aftermath of a challenging financial situation or poor money decision?  Maybe you’ve found yourself stuck with bad credit and a low credit score.  If you’re wondering how to dig your way out of the mess, there is hope.  There are a variety of actions you can […]

April 6, 2015 | By More
Ideas on How to Consolidate Debt

Ideas on How to Consolidate Debt

Are you now a money smart consumer who wants to get rid of that old baggage called “debt”?  There is a lot of information, opinions, and approaches on how to consolidate and/or eliminate debt.  The truth is you need to perform your due diligence to make certain you clearly understand all your options and strategies.  […]

March 23, 2015 | By More
Credit Card Debt of American Families: January 2015

Credit Card Debt of American Families: January 2015

Debt seems to be a part of the American lifestyle.  In fact, our Wall Street Journal article share states that, “The amount of average credit card debt has been steadily increasing over the long term.”   For your information, we have highlighted the status of credit card debt as of January 2015 for consumers. √  According […]

March 11, 2015 | By More
Consumer Debt in the United Kingdom

Consumer Debt in the United Kingdom

One of the principles we discuss at MoneyBasicsU is keeping your thumb on the pulse of money news in the world.  Consumers in the United States are struggling with debt.  Consumers in the United Kingdom are challenged by debt as well.  Let’s face it.  Meeting one’s financial obligations is a problem many consumers worldwide are […]

January 8, 2015 | By More
Debt: Tips to Pay It Off in 2015

Debt: Tips to Pay It Off in 2015

We introduced a conversation about debt during the holidays in our Post Credit Cards: Tips to Avoid Holiday Debt the other day.  Granted, the holidays may not seem like the most opportune time to discuss tips on paying off debt in 2015.  However, the New Year is a few weeks away and, quite honestly, we […]

December 12, 2014 | By More
Debt in Retirement: Is It Time to Downsize?

Debt in Retirement: Is It Time to Downsize?

If you’re facing debt in retirement, circumstances will require you to make some tough choices.  One of those options may be to downsize from your current residence to a smaller alternative.  It’s also a good reason to look around and assess what “things” you can unload to make your travel into retirement a little lighter.  […]

December 2, 2014 | By More
Debt in Retirement:  Know Your Benefits

Debt in Retirement: Know Your Benefits

Today, approximately 40 million Americans or 13 percent of the American population is age 65 or older. Some of these folks are carrying debt into retirement in the form of mortgage debt, auto loans, and credit card debt.  Debt in retirement is a really disturbing circumstance in which to find oneself.   One of the first […]

December 1, 2014 | By More
Student Loan Forgiveness:  Teachers and Public Service

Student Loan Forgiveness: Teachers and Public Service

One of the reasons I enjoy being a member of a variety of LinkedIn groups is access to information. Irene Skricki, from the Consumer Financial Protection Bureau, shared a valuable article this week in our discussion group related to student loan forgiveness for teachers and individuals working in public service.  To be specific, here is […]

November 5, 2014 | By More
Transfer Credit Card Balances: Your Plan of Action

Transfer Credit Card Balances: Your Plan of Action

There are a number of ways you can begin to whittle down your credit card debt. Transferring the balances to another credit card is one of those strategies.  However, there are some key points you need to look at closely before taking that critical step. Amy Fontinelle wrote a very helpful article on Investopedia that […]

November 3, 2014 | By More