Debt Reduction and Finance News
Are You Financially Ready to Retire in Ten Years?
The last decade before you plan to retire is an important one. It's kind of like you’ve been climbing a mountain. You’ve been preparing for a long time to make the climb. When people prepare to climb a mountain, don't they also plan to get back down ...
7 Smart Money Moves to Make Before You Retire
Life has treated you pretty well up to this point. Your career is going good, your kids are growing up and leaving the nest, and you’re finally starting to focus on yourself and what you want out of life.
Building an Emergency Fund to Secure Your Financial Future
Although we plan for what we can, there are times when unforeseen expenses can threaten to destroy our financial security. You’re paying your bills, you have some expendable income, but unexpected circumstances can quickly turn into financial ...
Categories:
Savings Strategy,
Debt Free,
Debt Solutions,
Debt,
Understanding Credit,
credit history,
Understanding Interest,
Budgeting
How Debt and Financial Stress Affect Your Health
Everyone understands that debt isn’t good for your financial health. Planning, saving, and keeping debt low are the keys to keeping your financial health in good standing. What we don’t talk about enough is how debt impacts your mental and physical ...
Categories:
Money Matters,
Savings Strategy,
Debt Solutions,
Retirement Savings,
Emergency Savings,
Emergency Fund
Should I Save, Pay Down Debt, or Invest My Money?
Finding yourself with extra cash is a good problem to have. Still, when you find yourself with a surplus, there is a decision to be made. Does it make the most sense to pay off debt? Is it more advantageous to put the money to work in investments? ...
Categories:
Money Matters,
Savings Strategy,
Debt Free,
Debt Solutions,
Debt,
Budgeting,
Emergency Savings,
Emergency Fund
What if You Don’t Have an Emergency Fund?
Unexpected expenses are, by definition, not in your budget or plan. A surprise medical bill, a major car or home repair, or a job loss can all be financially devastating if you aren’t prepared. While you can’t plan an emergency, having an emergency ...
How to Build a Better Emergency Fund
At some point, nearly every adult needs the security of an emergency fund. This is money you have saved, separate from your retirement savings or personal savings, as a safety net in case of emergency. Job loss, medical expenses, or an unexpected ...
Categories:
Savings Strategy,
Debt Free,
Debt Solutions,
Debt,
Budgeting,
Emergency Savings,
Emergency Fund
How Much is Enough to Put Away in an Emergency Savings Fund?
Life doesn’t always go as planned and sometimes things come up that we weren’t expecting, such as car or home repairs, medical emergencies, or sudden job loss. Just imagine how much easier and less stressful it would be to know that you were ready ...
