Getting out of debt, especially credit card debt can be a very difficult task and the stress that goes along with it can be even more taxing. Credit card debt can lead to issues with relationships and family, and has even been known to cause depression. The average number of filings for bankruptcy by businesses […]
Continue ReadingMonth: May 2014
Chapter 13 Bankruptcy vs. Chapter 7 Bankruptcy
The majority of bankruptcies filed within the United States are either Chapter 13 or Chapter 7 bankruptcy cases. Do you know the difference between the two of them? It’s very important to know the difference if you’ve ever considered filing for bankruptcy. To find out whether a Chapter 13 or Chapter 7 bankruptcy would be […]
Continue ReadingCredit Counseling – What Questions to Ask
Credit Counseling can be the answer to many of your financial troubles. Advantage CCS offers stress-free credit counseling to people in need of professional advice, all of which is offered by an experienced and certified credit counseling agency. By analyzing your current financial situation, a certified credit counselor will be able to recommend a plan […]
Continue ReadingBest Budgeting Apps
Budgeting used to be boring and time consuming, but with today’s technology it does not have to be like that. Almost everyone has some sort of a smart phone nowadays, and they can be used to help you budget better, faster, and more often. There’s a plethora of free and low-cost budgeting and financial apps […]
Continue ReadingWhat Should I Know About Debt Consolidation?
Individuals trying to get financially back on track usually consider some form of debt consolidation. There are three main ways to consolidate debt: Debt Consolidation Loan, Debt Management Program, and Debt Settlement. Let’s start with a debt consolidation loan. This involves getting a loan from one lender with the purpose of paying off multiple creditors. […]
Continue ReadingPay Down Debt vs Increase Savings
Struggling with debt and not being able to put money away into savings can leave many individuals vulnerable to financial problems. Without any set savings plan or debt help program, it becomes increasingly difficult to keep your head above water. Your debt can begin to pile up quickly, and your savings will begin to dwindle […]
Continue ReadingDo you have a college savings plan?
Many new parents are opening up college savings plans for their children, even as young as newborns, because the cost of college is ever increasing. Opening a 529 plan can be a smart way to save for college. A 529 plan has numerous tax, scholarship and matching advantages. The plans vary depending on your state’s […]
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