Low Credit Scores Growing Among Consumers – CBS News Segment featuring Todd Christensen
I want to share the story and video that aired last week on KBOI CBS TV. Todd Christensen, Debt Reduction Services Director of Education, shared some excellent thoughts on the current decline in overall consumer credit scores.
Click to view ‘Low Credit Scores Growing’ segment
Here is the text version article which can also be found on www.KBOI2.com.
Free Financial Forums Scheduled at Tulsa Library
Here is an announcement I wanted to share with our Tulsa clients and community members. This is a repost of an article posted by the Tulsa Business Staff highlighting the free forums available. I encourage anyone in the area in need of financial advice and knowledge to participate, especially in these trying economic times. Continue reading “Free Financial Forums Scheduled at Tulsa Library” »
KTVQ Interview with Sharon Welborn | New Credit Card Changes
Sharon Welborn, Branch Manager of our Billings, Montana office, made the evening news last night. I’ve included the full story below as well as a link to the video broadcast. Enjoy! Continue reading “KTVQ Interview with Sharon Welborn | New Credit Card Changes” »
Gambling with Your Financial Future and Losing
Lottery and our Financial Future
We saw an interesting poll from Bankrate.com that asked how people envision themselves getting financially ahead, particularly in a difficult economy.
Not surprisingly, “Saving and Investing” was the number one answer, at 36%, followed by “Additional Education or Job Training” at 23%. Running your own business (which is actually the most common profession of millionaires in this country) was fifth at just 6%. Continue reading “Gambling with Your Financial Future and Losing” »
Looking Ahead…Way Ahead
Planning Your Long-Term Financial Needs
According to results of a Charles Schwab survey, released June 4, 2009, nearly 40% of Americans are not savings for retirement and over 60% have not adjusted their retirement needs or investment strategy in the current downturn. Continue reading “Looking Ahead…Way Ahead” »
To Lease or Not to Lease…
Leasing vs. Buying. Which is better? Many think leasing is the best option when purchasing a vehicle because you can get a bigger car for a smaller monthly payment. Here is the one thing we suggest you remember about leasing a vehicle: Continue reading “To Lease or Not to Lease…” »
Your Weekly Financial Review
How often are you looking at your personal finances and your budget? Each month? Every two weeks? Do you know how much money you have to spend this week? What’s in your budget for your next trip to the grocery store?
Financial stability and long-term financial success essentially require that you establish a monthly spending plan and that every week you look at it, adjust it, and ensure you’re living by it. Continue reading “Your Weekly Financial Review” »
Combating Poor Spending Behaviors | Impulse Spending
We ALL face challenges when it comes to our spending behaviors. In this country, there is a seemingly endless list of “things” that sound fun, interesting, or enjoyable, or that fit the “got-to-have-it-now” mold.
We typically lump these items into the Impulse expenditures. They might come in the form of large purchases like cars, ATVs and vacations, or they can be more mundane things we spend money on, like clothing, restaurant meals, toys for the kids, or even a new cell phone. Continue reading “Combating Poor Spending Behaviors | Impulse Spending” »
Focusing Your Financial Energies
In these unsettled economic times, we offer the following suggestions for your household finances:
- 1. Continue to make payments to your creditors if you’re in the process of paying off debt. Having fewer of the proverbial creditors “knocking on your door” means less of a likelihood of additional and unexpected fees and/or interest rate hikes. Continue reading “Focusing Your Financial Energies” »
Begin at the Beginning: Write Down Your Financial Goals
Bathroom mirrors. Refrigerator doors. Bedroom closet walls. Bed stands. Wallets & purses.
What do they all have in common? They are great locations to post your written financial goals. If you haven’t written down three to five financial goals, following you will find a few tips to help you get started. Continue reading “Begin at the Beginning: Write Down Your Financial Goals” »