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Debt Relief
Surviving paycheck-to-paycheck in America is simultaneously commonplace and scary. But this doesn’t mean people just scraping by can’t overcome the debt that threatens to swamp them. All it takes is…
Facing a mound of piling debts each month is an exhausting process. You may be tempted to throw chunks of your paycheck at your auto loan one month and then…
Pros and Cons of Debt Consolidation and Credit Counseling The short answer to that question is: Yes. As flippant as that sounds, it can’t be stressed enough that if your…
Federal and state laws provide bankruptcy as a remedy for unmanageable debt, but the price you pay to clear away financial obligations is a steep one. Filing for bankruptcy will…
Life is difficult for anyone struggling to meet spiraling credit card payments. Help could come in the form of paying a debt settlement agency to help negotiate a way out,…
Flip through the channels on your TV, and you’re bound to see an ad offering debt relief. Why? American families in debt have a lot of it … and many…
If bankruptcy is in your future, there are tools online to help you navigate the maze. However, filing for bankruptcy is far more involved than ordering a two-topping special from…
Nowadays, we do everything online. We pay the bills, shop for groceries, and order Chinese food without leaving the comfort of our couch. Doing things online is just plain easier…
Is your small business having cash flow challenges? Have you seen the tempting ads for merchant cash advances? If your answer to both questions is “yes,” be sure to consider…
What Is Credit Counseling? Credit counseling is a free service offered by nonprofit agencies to help individuals get a handle on their finances. Sometimes called debt counseling, credit counseling is…
Sources:
- NA (2019, May) Report on the Economic Well-Being of U.S. Households in 2018 — May 2019. Retrieved from https://www.federalreserve.gov/publications/2019-economic-well-being-of-us-households-in-2018-executive-summary.htm
- Brockman, K. (2019, August 14) Most Americans are living paycheck to paycheck, survey shows. Retrieved from https://www.usatoday.com/story/money/2019/08/14/paycheck-to-paycheck-most-americans-struggle-financially-survey-says/39940123/
- Leonhardt, M. (2019, May 13) 62% of millennials say they’re living paycheck to paycheck. Retrieved from https://www.cnbc.com/2019/05/10/62-percent-of-millennials-say-they-are-living-paycheck-to-paycheck.html
- NA (2019, May) Modern Wealth Survey. Retrieved from https://content.schwab.com/web/retail/public/about-schwab/Charles-Schwab-2019-Modern-Wealth-Survey-findings-0519-9JBP.pdf
- Paquette, D. (2018, December 29) Living paycheck to paycheck is disturbingly common: ‘I see no way out.’ Retrieved from https://www.washingtonpost.com/business/2018/12/28/living-paycheck-paycheck-is-disturbingly-common-i-see-no-way-out/
- Milligan, S. (2019, January 11) Stretched Thin: The continuing government shutdown highlights the fact that most Americans have little to no savings. Retrieved from https://www.usnews.com/news/the-report/articles/2019-01-11/stretched-thin-majority-of-americans-live-paycheck-to-paycheck
- Irby, L. (2019, February 6) How to Stop Living Paycheck to Paycheck. Retrieved from https://www.thebalance.com/stop-living-paycheck-to-paycheck-960033