Category:
Personal Finance

How to Stop Enabling Financially Irresponsible Family Members

By Joey Johnston | November 3, 2015

Dealing with the Financially Irresponsible Giving financial help to a family member – especially if it’s yet another cash payment earmarked for an adult child – may seem like something…

Resume Tips for Blue Collar Jobs

By George Morris | November 3, 2015

If you think you don’t need a resume for a blue collar job, think again. An organized, professional resume is a great way to stand out in today’s crowded job…

Alternative Debt Solutions: Getting Out of Debt

By Alan Schmadtke | October 29, 2015

If your monthly debt payments outside of mortgage or rent exceed 20% of your income, you have a debt problem that requires attention. The good news is you have options.…

Just Say No To Credit Card Convenience Checks

By George Morris | October 29, 2015

Mark Boileau of Dallas recently bought a new Toyota Prius with the help of a “convenience check” issued by his credit card company. But his experience turned out to be…

How To Manage Multiple Credit Cards

By Phil Sheridan | October 29, 2015

With online banking available at the click of a button, it’s become easier than ever to manage credit cards, even if you have multiple accounts. When you use credit card…

Debit Card vs. Credit Card: Which Is Better?

By George Morris | August 10, 2015

Many of us know we have an option to use a debit card but don’t take advantage because we lack knowledge or interest or simply are in the habit of…

Are Spouses Responsible for Credit Card Debt?

By Robert Shaw | July 1, 2015

One of the most important relationship questions couples face before they marry – How much debt do you have? — often isn’t asked, but might serve as a commitment speed…

How Long is an Executor Liable for Debts?

By George Morris | July 1, 2015

Being named in a will as the executor of a deceased person’s estate is, in many ways, a tremendous honor: You have been identified as someone with the capacity to…

How To Pay Off Credit Card Debt Faster?

By George Morris | July 1, 2015

Borrowing money can be useful, allowing you to buy a home or finance a car that would otherwise be out of reach. But debt is only useful if it improves…

Sources:

  1. Segal, B. (2021, May 5) Poll: Many parents have helped adult children financially since 2020. Retrieved from https://www.creditcards.com/credit-card-news/pay-adult-childrens-debt-poll/
  2. N.A. (2021, September 6) Should You Financially Support Your Adult Children. Retrieved from https://womenwhomoney.com/financially-support-adult-children/
  3. Barroso, A. Parker, K. Fry, R. (2019, October 23) Majority of Americans Say Parents Are Doing Too Much for Their Adult Children. Retrieved from https://www.pewresearch.org/social-trends/2019/10/23/majority-of-americans-say-parents-are-doing-too-much-for-their-young-adult-children/
  4. Jason, J. (2020, January 13) Retirees, You Need To Stop Supporting Your Adult Children. Here’s Why. Retrieved from https://www.forbes.com/sites/juliejason/2020/01/13/retirees-you-need-to-stop-supporting-your-adult-children-heres-why/?sh=726b81f24d08