According to Credit Counselors, Americans get more and more in debt each year due to bad spending habits. It is hard enough just paying for the necessities these days but that is not where the true struggle is. We have fallen into the habit of wasting money. Most of it we do not need, but just want. Here are some tips to stop the urge to splurge and start saving.
1. Make a list and stick to it.
...Read More
Sep 04, 2008 - Filed Under Finance, Debt, Credit Counseling
Many seniors are struggling today due to the rising costs of food and medical supplies. Furthermore, people are living longer which means they have to stretch their retirement savings even further. Thankfully, some public benefits may be able to help.
Area Agencies on Aging (AAA)
Each state has made information available to the public for “area agencies on aging.” Such agencies can offer
...Read More
You may know a late payment or high outstanding balance can hurt your credit. However, what about shopping at a massage parlor, retreading a tire or visiting a marriage counselor? Credit Counselors warn (according to a lawsuit filed by the Federal Trade Commission against card issuer CompuCredit) such activities can count.
The lawsuit against CompuCredit for using supposedly deceptive
...Read More
Jul 02, 2008 - Filed Under Credit Counseling, ATM
If you are like most Americans you probably use an automatic teller machine (ATM) or your debit card quite often. Credit Counselors warn that there are many ways that thieves can steal cash or your personal information from you and now they are doing it directly at the ATM machine.
You may know that if a thief gets a hold of your PIN number they may be able to empty your bank account.
...Read More
As you are likely aware, household costs have increased tremendously since last year. Gas is up 21%, food 5%, and home energy 9%. Credit counseling agencies have been giving their clients some tips for saving on those daily living expenses.
Make a shopping list. Researchers find that making a shopping list and sticking to it will help limit impulse buying. Also, never shop while hungry
...Read More
