Maximizing Benefit of Tax Refunds
It’s tax return time. Many households are receiving tax refunds now or will over the next month or so., but too often, these refunds – which can amount to several thousands of dollars – are spent on consumer goods. Such emotion-based consumer spending typically has no significant impact on the household’s net worth or financial stability. Instead, it tends to perpetuate the mindless spending cycle that keeps too many American households stuck in the rut of paycheck-to-paycheck living. Continue reading “Maximizing Benefit of Tax Refunds” »
Correcting Credit Report Errors from Defunct Creditors
Having taught nearly 500 personal finance classes since 2004 to over 8,000 individuals, it’s not often that I get a question about course topics that I haven’t heard before. I love it when I do, though, and that’s exactly what happened last week at a local housing authority. Here is the question:
What can I do if the title loan company to which I once owed money but have paid off in full has gone out of business but is still listed on my credit report with money owing? Continue reading “Correcting Credit Report Errors from Defunct Creditors” »
Join us on Facebook
I’d like to invite all of you to join us on Facebook.
All you have to do is click on the following image to the left or click on this link: www.Facebook.com/DebtReductionServices and press the ‘Like’ button towards the top of the page.
Take part of the contests and activities, most of which only require actually liking our Facebook page.
For example, this week we are giving away a copy of the ‘High School Money Book’ and at the end of the month we will be drawing one lucky winner to receive a $100.00 Visa Gift Card.
It’s our way of saying thanks for following us and helping support our mission of helping others learn to live debt free.
So head over to www.Facebook.com/DebtReductionServices to follow us and join in. We hope you’ll find our page to be informative, fun, friendly and supportive.
As a follower of our Facebook profile we encourage you to post your questions, comments or thoughts in the forum section of our page.
Thanks and we hope to see you on Facebook soon!
Joint Council for Credit Education
Debt Reduction Services is pleased to announce our membership with the Joint Council for Credit Education.
The JCCE was created to help enhance consumer awareness of member organizations and the services they provide in helping assist individuals in living free from the pitfalls of debt. Continue reading “Joint Council for Credit Education” »
Seven Ways to Make Debt Consolidation Work
Making Debt Consolidation Work
Debt Consolidation can be a great way to dig yourself out of debt. Following the following tips can make your experience a bit easier and more rewarding.
The most important thing to keep in mind is that Debt Consolidation isn’t an overnight fix and will take time and patience to make it successful.
Hence the number one tip about how to make Debt Consolidation work:
1. Remain patient. For many of us wanting to repay our debt there is no quick or easy way to do it. The act of debt consolidation can be tedious and time consuming. Just remember to keep your efforts and your spirits up because at the end of it all your goal is to be as debt free as possible. The reward is well worth the wait. Continue reading “Seven Ways to Make Debt Consolidation Work” »
New Year, New You – Budget Resolutions
Sometimes the little things really do ad up and if you follow these ten steps you may find a wealthier and money smart you is right around the corner. Following these steps may help you achieve less stress and better health.
Try these ten rules to live by in 2011: Continue reading “New Year, New You – Budget Resolutions” »
Financial Resource of the Week – Frugal Village
This week I’d like to recommend visiting www.FrugalVillage.com, a website whose mission is to provide a variety of resources to those seeking a way to trim their budgets and live in a more cost effective manner.
The site covers a wide range of topics such as cooking frugally to answering questions submitted by readers.
Who knew making your own soap could be so easy? Continue reading “Financial Resource of the Week – Frugal Village” »
Credit Card Relief
In desperate need of relief from your overwhelming credit card debt? Truth is your not alone.
Things can tend to spiral out of control when your credit cards are at their maximum and you find yourself paying more and more towards interest and less towards the balance of the cards.
Relief can come in various forms and not all will require you to seek outside help. Continue reading “Credit Card Relief” »
Teaching Children Finances – The Financially Intelligent Parent
This weekend I read The Financially Intelligent Parent 8 Steps to Raising Successful, Generous, Responsible Children by Eileen Gallo, PH.D and Jon Gallo, JD.
Instead of providing resources and information designed to help children, as we typically do, I thought we could take a look at products that assist parents in helping their children become financially educated and responsible. Continue reading “Teaching Children Finances – The Financially Intelligent Parent” »