Although Sheela’s credit score was at an all-time low due to circumstances beyond her control, the Credit Union looked beyond that drop in her score and saw a Member worth taking a chance on. See her remarkable journey from financial crisis to financial freedom.
Content Provided Courtesy of Greenpath Financial Wellness
If you made a New Year’s Resolution to get out of debt, today’s a big day. By mid-January, most resolutions have fizzled.
But — YOU can say, NOT TODAY. If you feel yourself slipping, take a minute for a pep talk, remind yourself that you can do this, and check out our post on goals that stick. Retool that resolution, and get back on the bandwagon, friend. Continue reading
The holiday season brings with it giving, travel, family gatherings – and if you’re not careful – unwanted debt. Here are six tips to make the season stay bright in your memory, free of regrets.
Even if money’s tight, there are creative ways you can relax and have fun. Here’s how.
It’s easy to accumulate debt without realizing it. If you’re paying high interest rates on your credit cards or loans, consider these options to pay off your debt faster.
By Lynnette Khalfani-Cox, The Money Coach®
I remember back in 2001 when I had a ton of debt; I’m talking $100,000 in credit card bills alone. I know it sounds awful, and it was. However, in my late 20s and early 30s, I was a classic over-spender who’d been mismanaging credit even though I didn’t realize it.
A quick tip from Lynnette Khalfani-Cox, The Money Coach®
With so many Americans getting into debt, or maxing out their credit cards, you may have asked yourself: Why should I have a credit card at all?
News outlets and credit card companies are quick to label millennials as being credit card-shy. According to a recent survey, millennials apparently fear their credit card debt more than climate change, the threat of war and even death. It may sound like an overreaction, but the underlying trend is substantial: millennials are carrying fewer cards and have lower balances, compared to the previous generation of young adults.
A quick tip from Lynnette Khalfani-Cox, The Money Coach®
If you started 2019 with the intention to get out of debt, you may be bothered to find that some credit card bills are still lingering.
Don’t panic! You can still get on track financially and more quickly eliminate debts. Consider getting rid of your high-rate cards by utilizing balance transfers to a card with a lower interest rate.
Find ways to free up cash in your budget, work to increase your income and look into different ways to pay down your balance. 