Tip of the Week
5 Benefits of Paying Off Student Loans Early
Student loan debt is a big problem for those who incur one. According to the student loan debt statistics from the Education Data Initiative, 42.8 million Americans have a student loan debt. Student loans are a fact of life for many Americans. Paying off student debt, especially with high student loan interest rates, can sometimes…Read More
How To Save Money When Grocery Shopping
In times of inflation, like the present times, you can always expect that the cost of your groceries each week will be a little higher than you’ve been paying. Depending on circumstances, your grocery bill could be significantly higher, and leave you wondering if something expensive accidentally fell in your shopping cart. Of course, the…Read More
How to Overcome a Fear of Dealing with Your Finances
There are plenty of people who list financial stress as one of the top contributing factors to the overall stress in their lives. They feel a constant pressure to keep up with their finances even though this is not easy for them. They feel a dueling pressure to keep up with it all and a…Read More
Navient Student Loan Settlement: Who, What, When & How?
The settlement reached last week with Navient is intended to resolve claims that Navient allegedly improperly steered some federal student loan borrowers into forbearance – instead of federal student loan relief programs, like Income Based Repayment, and issued high-interest private student loans to borrowers attending predatory for-profit schools where they were unlikely to succeed or…Read More
Student Loans: Payment Pause Extended Through May 1, 2022
Hear ye! Hear ye! Okay, now that I hopefully have your attention…the “rumors” are correct. If you have federal student loans, your payments do not (have to) begin again until May 1, 2022. If you were unaware, they were due to begin end of January 2022. Why the “have to”? If you noticed, I said…Read More
BNPL?? What the Heck Is It? And What the Heck is It NOT?
Recently, I had a client with a multitude of small payments due that I was wondering what is going on here? They were adding up SO fast that the client had simply lost track and needed some help. Welcome to BNPL. Buy now, pay later (BNPL) is a payment plan that lets you break up…Read More
How Not to Get Wrapped Up in Holiday Overspending
Give yourself the gift of a “financial stress-free” holiday this year! You deserve it. It’s been a hard-enough year. It IS possible to celebrate without spending all of your cash or maxing out your credit cards. Stay on budget…and don’t get wrapped up in holiday spending!! (See what I did there?) Set Holiday Spending Limits…Read More
YOU & YOUR CREDIT REPORT: Understand It!
It’s easier to review your credit report successfully when you know and understand all the parts, what they mean, and how they affect your credit situation. AND….GO… Personal Information Credit reporting agencies use your personal information to confirm you are the person who opened the accounts listed on your report. Check this section carefully to…Read More
Buyer Beware! Looking for Alternatives for Your Holiday Shopping?
You’ve probably been hearing all about this: THIS holiday season, it might be harder to find the gifts you’re looking for. Many of us are looking for alternatives, like buying locally – or maybe from online marketplaces, social media sites, online ads, etc. If that’s you heading online, here are some tips you can do…Read More
Common Debt Payoff Mistakes…Just Don’t Do It! (Pt 2)
You didn’t think I would forget the second part of the most common debt payoff mistakes, did you? Read on… 7. No Plan To successfully get out of debt, you need a plan. Very simple. Throwing money at various debts is okay. However, with a plan, success happens FASTER. Knowing when a debt will be…Read More