Debt Problems

Subscribe to Debt Problems RSS

Money Planning in 9 Steps

Submitted by Jeff Rose on Wednesday, August 26, 2015 - 3:00pm

Everybody wants a solid financial plan, yet more than 40% of Americans don’t have one. Unless you develop a formal strategy – such as a written plan – you might well find any financial goal elusive. Here are nine tips for planning.

Using Credit Cards Wisely

Submitted by Mary Beth Storjohann on Tuesday, August 25, 2015 - 12:00pm

Did you know that the average adult in the U.S. carries $5,596 in consumer debt? That fact alone might account for credit cards’ bad rap. Your careless use of credit can wreak havoc on your finances in a variety of ways.

Paying Down Student Loans

Submitted by Mary Beth Storjohann on Tuesday, July 28, 2015 - 12:00pm

The debt of student loans can feel like an enormous burden. If you’re a millennial (born in the 1980s and early 1990s), you like many of your contemporaries may hold back as you struggle to afford minimum payments while you save for everything else in life. Here’s how to get your newly graduated head above water.

How to Teach Kids About $$

Submitted by Jeff Rose on Tuesday, July 14, 2015 - 12:00pm

In a perfect world, parents and educators (not to mention society) work hard to make sure that children are financially literate and consider money skills just as important as reading, writing and arithmetic. Our world sure doesn’t work like that, and you need to help your young kids learn basic financial skills the old-fashioned way: Teach by doing.

Grads’ Key Money Questions

Submitted by Joseph A. Clark on Monday, July 13, 2015 - 3:00pm

Congratulations, recent graduate: You just landed your first job and entered the real world. Now come tough questions about your financial well-being. Your decisions when starting out – from how to save to what to spend – influence your life far into the future.

How to Build Wealth

Submitted by Walid Petiri on Monday, August 3, 2015 - 12:00pm

My worried clients had needs for the future, but no idea how to get there. I looked them in the eye and told them how they’d get to where they wanted – through a sound discipline of saving money automatically, year after year, religiously.