Child Support Awareness Month occurs in August each year. So it’s a perfect time for all of us to reflect on the children we know – in our families and communities – and to question whether they’re getting the parental support they need and deserve. I have very strong personal feelings about child support after […]
Child Support: A Personal Story From The Money Coach Read More »
Q: Hi. I keep hearing that only a small number of people can discharge private loans in bankruptcy and I want to know what makes them eligible? I owe over $100,000 in student loans for a degree I never finished. I have multiple health issues and have not worked in years and want to know
Do I Qualify To Have My Student Loans Discharged? Read More »
The Federal Trade Commission halted two operations that deceived consumers who were looking for help dealing with their debts, including one firm that tricked people by impersonating federal government agencies. The two firms agreed to settlements with the FTC that ban them from the business of debt relief services.
Firms Banned From Offering Debt Relief Services Read More »
Q: Will my credit score go up when I pay the balance due of my auto repossession of or will it stay the same?
Will Paying Off an Auto Repossession Raise My Credit Score? Read More »
When the debt load you’re carrying is simply too much to bear, you might have considered filing for bankruptcy protection. Filing for bankruptcy has become increasingly common the past three years thanks to the economic downturn and job cuts across numerous industries. The American Bankruptcy Institute reports that about 1.5 million personal bankruptcy cases were
Avoid These Common Mistakes Or Your Bankruptcy Filing Will Be Rejected Read More »
Just because the summer temperatures are rising, that doesn’t mean you should burn a hole through your wallet and your hard-earned cash. In fact, right now is the perfect time to think about saving money, lots of it. Here are three ways to save thousands of dollars this summer – and beyond – by focusing
3 Ways To Save Thousands of Dollars This Summer With Freebies Read More »
You know how important it is to check your credit report at least once per year, but do you know what to look for? Your credit report contains a lot of key information about your payment history, various credit accounts you’ve had, and how you’ve handled financial obligations such as credit card debts, mortgages, student
3 Red Flags that Could Be on Your Credit Report Read More »
Filing for bankruptcy can be one of the most stressful financial events you will ever experience. Bankruptcy may not only take its toll on your credit rating, but also on your emotional well-being. Even when you’re using a qualified bankruptcy attorney to work through the process, you will experience a certain level of stress and
Best Ways to Rebuild Your Life After Bankruptcy Read More »
If you have a generous heart and some money in the bank, chances are you’ve been approached for financial help by friends or family. While helping out once in a while is kind, repeated requests can become emotionally exhausting—and financially draining. If you’re tired of playing the role of the family ATM, it’s time to
5 Tips to Set Financial Boundaries with Relatives and Friends Read More »
If you’ve ever received a phone call from someone claiming that they have a special offer for you to extend your car’s warranty, you could be the next victim of a scam. These calls typically come from an unknown number and the groups behind them randomly call people in an effort to collect your credit
FTC Shuts Down Car Warranty by Phone Scam Read More »
The Federal Trade Commission has shut down the BurnLounge multi-level marketing program after determining that it is in fact an illegal pyramid scheme that misled consumers about the amount of money that could be made through its program. The FTC has ordered BurnLounge to pay $17 million in restitution to consumers who fell for this
FTC Shuts Down Pyramid Scheme Read More »
Leasing a car can make financial sense when you don’t have money upfront to pay for the full price of a vehicle and just don’t want to deal with the hassles of maintaining a used car. When your lease ends, you are free to purchase the vehicle or trade it in for something else. However,
Do’s and Don’ts When Signing a Car Lease Read More »
In the first article in this series, we talked about some smart ways to save on a vacation and other costs this summer. The summer season can be a great time to put together a new budget and make some smart financial decisions that will set you up for more financial stability the rest of
More Smart Ways to Save this Summer Read More »
If you’ve suffered some serious financial blows recently and find yourself homeless, there are some things you can do to help yourself get back on your feet and start a new life. Being homeless doesn’t have to be a permanent situation and you do have some resources outside of friends and family available to you.
What to Do If You Become Homeless Read More »
Monday night my husband and I did something we’ve never done: we took our three kids to the movies on a whim. Yes, on a school night. It was a spur-of-the-moment thing and totally my idea. “Let’s try something different,” I’d suggested to my husband and then I said:“Let’s take the kids to see The
How to Save Money At the Movies: A Personal Story and a Lesson Learned Read More »
