Debt Problems

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Greece: Hopeless Case

Submitted by Brenda Wenning on Monday, March 16, 2015 - 9:00am

Is there hope for Greece, Europe’s worst economic sinkhole? No. Regardless of how many new bailouts or austerity renegotiations they get, the country is such a mess that optimism is fruitless.

Tracking Your Net Worth

Submitted by Mariza Wultsch on Tuesday, March 17, 2015 - 3:00pm

Your net worth is a barometer of your financial health. Regularly checking this number helps you assess where you’re at, measure your progress toward your goals and build a financial plan.

Shielding Kids From ID Theft

Submitted by Ryan J. Klekar and Janel Carroll Walker on Monday, March 16, 2015 - 3:00pm

Tax authorities demand to know why a fourth grader never reported thousands of dollars in income from a factory job. Collection agencies suddenly hound a college student for more than a decade’s worth of credit card debt. Shocking but true: Children and minors are actually almost as likely as adults to be victims of identity theft.

How Wants Can Fund Needs

Submitted by Sterling Raskie on Wednesday, March 11, 2015 - 12:00pm

Here’s a neat strategy if you look to save more for retirement, college or for paying down debt: Stop spending on the wrong things. Easier said than done, of course, and implementing this tactic starts with changing how you look at using your money.

Attacking Your Debt’s Causes

Submitted by Jim Blankenship on Tuesday, March 17, 2015 - 12:00pm

You’ve likely seen commercials that urge you to consolidate all your debt into a loan on which you make the heralded “one low payment.” The concept promises to free some cash so you can more easily live paycheck to paycheck. The consolidation plan also, if you use it too soon, does nothing to address the root problem of your debt.