7 Expenses to Include in Your 2014 Budget (Part 2)

January 13, 2014

Continuing from 7 Expenses to Include in Your 2014 Budget (Part 1), here are four additional expenses that are essential to budget for this year if you are trying to get a handle on your spending and improve your financial standing in the New Year. While the first part of this blog focused on expenses…
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7 Expenses to Include in Your 2014 Budget (Part 1)

January 11, 2014

As 2014 gets underway, planning for this year’s expenses can help you stay on track financially and, ideally, help you reach some of your financial goals for the year. If you have never looked at your spending habits on an annual basis, however, knowing what to expect in terms of more substantial expenses may elude…
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5 Simple Tips for Staving off Overwhelming Debt (Part 1)

November 19, 2013

For some people, suddenly being burdened by a massive amount of debt maybe unavoidable because, say, they have lost their job, they were seriously injured and have a lot of expensive medical bills or they recently went through a divorce. In these cases, filing for bankruptcy may be the best option for getting out of…
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How to Deal with Debt Collectors (Part 1)

October 25, 2013

Owning money on multiple debts that may not immediately or readily be able to make payments on can be both embarrassing and stressful, particularly if the debt collectors are regularly calling you and/or sending you letters  trying to collect on the debts owed. While you may want to take the ostrich route and hide your…
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Tips on Reducing Medical Debt to Avoid Bankruptcy (Part 1)

October 20, 2013

Medical debt is one of the leading causes of bankruptcy filings in the U.S. (along with divorce and unemployment). In fact, many Americans are currently uninsured or underinsured because they are out of a job and simply can’t afford to pay for healthcare coverage. In the event these individuals are seriously injured or develop a…
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An Overview of Ponzi Schemes (Part 1)

September 16, 2013

Ponzi schemes are a specific type of investment fraud in which: Investors are deceived into believing that they are investing their money into some stock or commodity when, in fact, they are not. Investors are enticed into investing in the scheme by being promised extraordinarily high or abnormally consistent returns on their investment. Investors in…
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Tips on How to Budget for Back-to-School Shopping (Part 1)

September 1, 2013

With a new school year just around the corner, parents and students nationwide are preparing to go back to school by buying new school supplies, clothing, sporting goods, etc. While the back-to-school season can be an exciting time for many students, it can also be a stressful time, particularly for those who are worried about…
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Pros and Cons of Having Credit Cards (Part 1)

July 5, 2013

Although many people rely on credit cards to make their day-to-day financial transactions, an increasing number of people are choosing to forego having credit cards, opting instead to only use cash or their debt cards to buy things. The trend of moving towards not having any credits has been, for some, spurred by past accumulation…
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Financial Advice for Young Adults (Part 1)

June 17, 2013

Whether you have recently graduated from college or are just getting out from under your parent’s roof (or you are a parent with a child moving into young adulthood), this financial advice can help instill smart spending and saving habits that may be able to help you: Establish and maintain a good credit score Stave…
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Organizing Your Finances Before Divorce Can Save You Money (Part 2)

June 14, 2013

As a continuation of Organizing Your Finances Before Divorce Can Save You Money (Part 1), here is some additional information regarding what soon-to-be divorcing parties can do in order to get their financial affairs in order so that they can save themselves money and potential headaches in the future. Close joint accounts if possible –…
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