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Debt & Finance Blog

What to Do When You Get Laid Off

By Tom Jackson | March 17, 2020

Job layoffs are an all-too common experience of American work life. Some 20.2 million people looked for work after being laid off in 2024, according to the U.S. Bureau of…

How To Manage Debt For Active Duty Military, Veterans, & Their Families

By Tom Jackson | February 20, 2020

Joining the military means sacrifice. It shouldn’t mean you give up financial security and end up in debt. Unfortunately, service personnel often struggle more than civilians with paying bills. A…

Create a Special Valentine’s Day on a Budget

By Joey Johnston | February 11, 2020

Love makes people do foolish things. Nothing is more foolish than going into debt for Valentine’s Day. We’re not anti-love. We just want you to celebrate Valentine’s Day without losing…

Dormant Bank Account Rules & Escheated Funds

By Tom Jackson | January 2, 2020

There’s an estimated $58 billion in unclaimed money out there waiting to find a home and it’s probably worth the time and aggravation to see if any of it belongs…

New Year’s Resolution: How to Get Out of Debt in 2020

By Tom Jackson | December 26, 2019

Surveys show most Americans will make a resolution to get out of debt in 2020. Surveys also show most Americans will fail miserably. If you want to get out of…

Your Personal Finance Calendar for 2026

By Joey Johnston | December 10, 2019

Resolution: 2026 is the year you’ll get financially organized, day by day. You know the drill this time of year. In the coming weeks, lots of print and even more…

How to Avoid Debt This Holiday Season

By Tom Jackson | November 25, 2019

The holiday season may be “the most wonderful time of the year,” but that can change fast if you end up with a huge pile of debt once the fun…

Mutual Funds vs. Stocks

By Tom Jackson | November 13, 2019

Some debates have no set answer, like which band was better – The Beatles vs. The Rolling Stones? Stocks vs. Mutual Funds isn’t quite as captivating, if for no other…

How Long Does It Take to Raise Your Credit Score by 100 Points?

By Tom Jackson | October 3, 2019

Credit scores range from 300 (terrible) to 850 (terrific), but two magic numbers in between are 650 and 750. Someone with a credit score lower than 650 risks being turned…

Ending the Cycle of Living Paycheck-to-Paycheck

By Tom Jackson | September 27, 2019

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…

Sources:

  1. N.A. (2019, August 15) Study Finds Nearly Half of Employees Experience Layoff Anxiety Despite Record Low Unemployment Rates and Upward Economic Growth. Retrieved from https://www.prnewswire.com/news-releases/study-finds-nearly-half-of-employees-experience-layoff-anxiety-despite-record-low-unemployment-rates-and-upward-economic-growth-300902079.html
  2. N.A. (N.D.) Table 5. Layoffs and discharges levels and rates by industry and region, seasonally adjusted. Retrieved from https://www.bls.gov/news.release/jolts.t05.htm
  3. N.A. (2021, May 26) Layoffs at Rhode Island factory as demand for N95 masks ebbs. Retrieved from https://apnews.com/article/donald-trump-rhode-island-coronavirus-pandemic-layoffs-business-127f58458b4844c0ffbf92dbf555b571
  4. Reilly, M. (2021, June 3) General Mills begins job cuts in post-pandemic restructuring. Retrieved from https://www.bizjournals.com/twincities/news/2021/06/03/general-mills-2021-restructuring-job-cuts.html
  5. Cummins, I. (2015, February 12) One in five suicides caused by unemployment but the lead-up to lay-off hurts most. Retrieved from https://theconversation.com/one-in-five-suicides-caused-by-unemployment-but-the-lead-up-to-lay-off-hurts-most-37530
  6. Ju, S. (2019, August 15) 19 Fascinating Stats on Layoff Anxiety — Infographic. Retrieved from https://www.careerarc.com/blog/2019/08/19-fascinating-stats-on-layoff-anxiety-infographic/
  7. N.A. (ND) Continuation of Health Coverage — COBRA. Retrieved from https://www.dol.gov/general/topic/health-plans/cobra
  8. Green, A. (2019, July 9) What to Do If You Were Just Laid Off. Retrieved from https://www.thecut.com/article/laid-off-what-to-do.html