Not everyone carries a balance on their credit cards from month to month, but for those who do, the average balance per household is now $9,600. That’s about 17% of the average U.S. household income! Here are some strategies you can use to help pay off your credit cards.
Manage your debt
Splitting the bill, no matter your status
Posted on Categories Manage your debtLeave a comment on Splitting the bill, no matter your statusSplitting the bill has always been a landscape fraught with social landmines, and new cost-sharing apps only help so much. Here are some suggestions for navigating common cost-sharing situations with grace.
Financial tips for every stage of your relationship
Posted on Categories How to save, Manage your debt, Navigate life changesLeave a comment on Financial tips for every stage of your relationshipBeing in sync when it comes to dealing with money is a big plus in any relationship, but it’s not always easy to achieve. Here are some tips to help you and your partner get on the same page financially.
Lending Money: should you do it, and if so, how?
Posted on Categories Manage your debt1 Comment on Lending Money: should you do it, and if so, how?If you are in a position to help a friend or family member recover from a financial road bump, great! Here are some guidelines that will help you handle the transaction with grace – including when and how to say “no.”
Car loans: 5 tips for managing car-related debt so you do not overspend
Posted on Categories Manage your debt1 Comment on Car loans: 5 tips for managing car-related debt so you do not overspendThe average cost of a new car tops $30,000. For a used car, the average cost is over $18,000. These aren’t small amounts! So, if you do take out a car loan, be sure to give it the attention it deserves. How do you manage car-related debt as advantageously as possible for your overall financial picture?
Webcast: How to manage credit card debt
Posted on Categories Manage your debt, WebcastLeave a comment on Webcast: How to manage credit card debtIn this week’s webcast, we’re unpacking the difficult, widespread issue of credit card debt. We share a few tips and personal anecdotes to help you pay down your debt and get on the right track for financial success.
Webcast: Managing student debt, plus: Where should you be financially 5 years after graduation?
Posted on Categories Manage your debt, WebcastLeave a comment on Webcast: Managing student debt, plus: Where should you be financially 5 years after graduation?Tonight we talk about the challenges that college graduates face especially as they try to manage student debt while also getting their savings started.
Webcast: Student Loans Crisis: Is is Real and Very Personal
Posted on Categories Manage your debt, WebcastLeave a comment on Webcast: Student Loans Crisis: Is is Real and Very PersonalStudent loan debt might feel hopeless but there is a way forward, and here’s the key.
7 strategies to tackle your student loans
Posted on Categories Manage your debtLeave a comment on 7 strategies to tackle your student loansIgnoring student loan debt won’t make it go away – your best chance is to make a plan to deal with it head-on. Your plan may involve taking advantage of any available assistance in consolidating, lowering costs through refinancing, and pursuing loan forgiveness programs. The goal is to pay down your student loan debt while simultaneously saving and strengthening your overall financial picture.
Student loans: Is the debt worth it?
Posted on Categories Manage your debtLeave a comment on Student loans: Is the debt worth it?Going into debt to further your education can be worth it – up to a point. But please do not assume that it is always the case. As with many other financial questions, whether student loan debt is “worth it” depends on the specifics, so you will need to crunch the numbers for your particular situation.