A scary statistic has been recently released by the Urban Institute after they studied and analyzed the credit files of 7 million Americans; more than one third of Americans have debt in collections. Having debt in collections means that the debt an individual owes is so far past due that the account has been closed, placed in collections, and reported to the credit bureau. What … Continue reading What Debt Delinquency Could Mean For You
One of the most increasingly popular New Year’s resolutions year after year is to become financially healthy, while at the same time money worries for many Americans have also steadily increased. Have you made a resolution to save money in the New Year? It is only February, but have you already started breaking it? If so we are going to list some steps to help you keep your resolution and stay on track to financial freedom.
With only one month behind us, you still have plenty time to become financially healthy in 2010. Here are some tips to help you stay with your resolution and see a change in your finances this year:
- Write down your goals. Putting your goals down in writing is a great starting point and also a good reminder of what you are trying to achieve and how to do so. By putting your goals on paper first, you will have a clear representation of what you must do to achieve these goals and are more likely to stick to it. Continue reading “Become Financially Healthy in 2010”