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Debt & Finance Blog

How to Manage Your First Paycheck

By Bents Dulcio | May 2, 2018

First job? Congratulations! Welcome to the workforce! First paycheck? You have some planning to do. Paychecks are your ticket to join – and enjoy – America’s economy, but there are…

Being Frugal Is for Everyone: How the Frugalwoods Can Inspire You

By Tom Jackson | April 23, 2018

You don’t have to be a fan of extreme frugality to have heard of Elizabeth and Nate Thames and probably to have an opinion about the simple-living lifestyle they tout.…

How I Got Into and Out of $45,000 in Credit Card Debt

By Joey Johnston | April 12, 2018

Walter was one of millions of Americans financially swept under during the Great Recession a decade ago. Before the downturn, he and his wife owned a large home in western…

How to Be Successful in a DMP

By Tom Jackson | April 12, 2018

So, you’ve finally taken the big step and enrolled in a debt relief program. Now what? If you’re going to succeed, you’ll have to alter the lifestyle that got you…

How to Improve Your Debt-to-Income Ratio with Higher Income

By Tom Jackson | March 29, 2018

Borrower beware! If you are hoping to score a car or home loan and don’t know your debt-to-income ratio, you probably want to check into it. You might find out…

Debt Management Myths: What You Need to Know

By Joey Johnston | March 23, 2018

Debt management plans might be the most productive and least appreciated member in the family of debt-relief solutions that includes debt consolidation loans, debt settlement and bankruptcy. DMPs, as they are…

Top 5 Retirement Roadblocks and How to Clear Them

By Joey Johnston | March 23, 2018

A disturbing number of Americans are speeding toward a financial cliff called retirement. Unless they change their saving habits, they may well barrel over the edge and land in poverty.…

Home Equity Loan vs. Debt Consolidation Loan: Which Is Better for Paying Off Credit Card Debt?

By Tom Jackson | March 23, 2018

There can be benefits to using a home equity loan to pay off credit card debt, including lower and fixed monthly payments. If you’re considering a debt consolidation loan, the…

How to Be Prepared If You Lose Your Job

By Joey Johnston | January 26, 2018

Getting a pink slip might not be as devastating as learning you have a serious medical problem, but the trauma of losing a job can hit hard, especially for those…

Rising Credit Card Use in America

By Tom Jackson | January 24, 2018

With the rise of online shopping, there is no doubt that Americans are using credit cards more than ever. There’s also no doubt that a lot of them are wasting…

Sources:

  1. N.A. (ND) Internal Revenue Service. Retrieved from: https://www.irs.gov/payments/tax-withholding
  2. N.A. (ND) Paycheck Checkup. Retrieved from: https://www.irs.gov/paycheck-checkup
  3. N.A. (2023 August 1) How to check and change your tax withholding. Retrieved from: https://www.usa.gov/check-tax-withholding
  4. Singletary, M. (2023 January 11) Paycheck primer: What is FICA, and why is it taking my money?. Retrieved from: https://www.washingtonpost.com/business/2023/01/11/fica-paycheck-social-security-medicare/