Tag Archives: personal finance

10 Ways To Change How You Think About Money

Do you think the economy has been rough over the last few years? Are you worried about health care bills, unemployment, the stock market, and problems associated with Covid? Those are pretty tough things to have on your mind these days.

Money!

David Beyer via Compfight

There have been issues with money throughout history. We’re not alone in our struggles. We haven’t quite gone through another depression, but we’ve had some drastic lows in the last 12-13 years, and we’ve also had some high in between.
Continue reading 10 Ways To Change How You Think About Money

5 Reasons Why You Might Need Financial Counseling

There are different types of financial counseling one might needy. The truth is most people need financial counseling in one way or another, sometimes multiple ways. Whether it’s to make money or save money or not get penalized because of how the money is used, it can help to speak to a professional.

161201-receipt-shopping-spending-debt.jpg

r. nial bradshaw via Compfight

Does that make sense? If not, don’t get discouraged. We’re offering 5 reasons why you might need financial counseling, and what type of counseling you might need.
Continue reading 5 Reasons Why You Might Need Financial Counseling

3 Ways To Protect Yourself Financially During The Pandemic

We probably should have produced this article much earlier than now. But like pretty much everyone else, life gets in the way and our thoughts turn towards many other things. Still, the tips we’re going to give are still available for everyone to do, because unfortunately the pandemic isn’t ending any time soon.

by DarkWorkX from Pixabay

1. Contact some of your creditors and ask for either an extension or adjustment on your monthly payments.

Even if you’ve been able to hold out this long, there’s still a chance that your finances might leave you in a dangerous place. One thing you can think of doing is picking up the phone and speaking to some of the major companies you owe money to and asking them for relief.
Continue reading 3 Ways To Protect Yourself Financially During The Pandemic

Tracking Your Spending For Your Financial Health

How well do you track your spending habits?

We ask that question because a great number of people have absolutely no idea how or where they spend their money. This ends up with folks looking at their bank statements wondering where their money went, and sometimes leads them to either overdraw on their bank accounts or go over the limit on their credit cards.

Why is this important? Because while the Justice Department shows that the number of bankruptcies decreased 5 years in a row between 2010 and 2015, Nerd Wallet shows that overall personal debt has increased over at least 12 years.
Continue reading Tracking Your Spending For Your Financial Health

Financial Issues Couples Should Discuss

The previous article we published, 7 Financial Issues To Discuss With Elderly Family Members, was crucial to figuring out what’s important as family members get older and need to gain more control of their future. Although that article was specific to elderly family members, some of those issues are the same that couples, or those who are thinking about becoming couples, need to think about.

couples and finance

 

Unfortunately, not everyone who gets married stays married, and these days even people who don’t get married but decide to live together as a couple end up having to deal with financial decisions on the back end that they never considered. It rarely ends pretty, so thinking about things like what’s below makes a lot of sense before mistakes are made that can’t be fixed.
Continue reading Financial Issues Couples Should Discuss