Equifax, one of the three major credit reporting agencies in the U.S., announced a data breach that affects 143 million consumers back in the fall. Because of this they are offering free credit monitoring and the opportunity to see if your information has been compromised. Even if your information has been compromised and you are… Read More What is a credit freeze? Do you need one if your information was breeched?
There are 3 credit bureaus: Experian, Equifax and TransUnion. Sometimes information will show up on one credit report and not another. In order to make sure your information is correct, you should review all 3 reports – you can obtain a free copy of each report from annualcreditreport.com. You will not however, receive your FICO… Read More Credit reports and FICO scores
When it comes to money, do you fear not having enough? Do you fear that if an emergency happens you won’t be able to afford it? What causes that fear? Why do you feel afraid? I have always joked that I needed an emergency fund for my emergency fund. Not funny but kind of true.… Read More Fear, Money and Grace
There are 44.2 million Americans with student loan debt. Unbelievable, right? I, thankfully, graduated with very little debt for my 4 year out-of-state private college. I had $15000 in Federal student loans and I was able to consolidate them into an extremely low rate (like under 5%) for 15 years as soon as I graduated. My… Read More Are student loans worth it?
Planning for retirement is a necessity. It is going to happen, like it or not. You are getting older and that in itself is a reason to begin thinking about the process of saving for retirement if you haven’t. Most employers offer a 401(k) or retirement program. Depending on the company, they may even match… Read More Planning for Retirement
I was running late and wanted to grab a shower before taking my middle daughter to school. I had just worked out and had a million errands to run. I needed to throw some laundry into the washer and run the dishwasher since we hadn’t run it overnight. I started the shower and put my… Read More Are You Prepared for an Emergency?
Over the course of January the focus was on how to deal with creditors. In February, the focus will be on saving money – for emergencies, for retirement and for your child’s college education. Saving can be a really difficult thing for people, particularly those with a lot of debt or who aren’t sure when… Read More February Focus
What do you do if you get a call from a debt collector? You probably panic right? Especially if you have never gotten a call from someone in acollection department before. But, you need to remember that you NEED to keep your emotions in check. If you start to feel emotional or start to get… Read More How to Handle Collection Calls
Many times when people want to pay off their debt, they take on more debt. That doesn’t seem to make much sense, but you will find that people often take out “debt consolidation loans” or use equity in their homes or cars. Some people apply for 0% interest rate credit cards and make a balance… Read More What is a debt snowball?
While getting out of debt can seem hard, sometimes talking to our spouses can seem even more difficult. If you’re already in a marriage where communication isn’t easy, talking about money can seem down right daunting. How do we go about talking to our spouse about money if we are already feeling ashamed, embarrassed, nervous… Read More How to have a productive conversation with your spouse about money