Raising Financially Savvy Kids – Part 1

Some of the inherent responsibilities of parents include protecting their children and preparing them to be responsible adults in our society. Teaching children the proper management of their financial resources helps to accomplish both of these goals. If the...

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...

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...

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...

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...

Defining PovertyThink

I read this past week of efforts in many countries to eradicate poverty by, as some have phrased it, “paying the poor.” The generic term for such programs is “conditional cash transfers” (CCTs), meaning that the government essentially pays cash to families in poverty that meet certain criteria, such as keeping their children in school,...

Lottery vs. Stock Market: Aren’t They Both Risky?

Debunking the Myth that the Stock Market is as Risky as the Lottery With the media broadcasting the faces of names of this week’s Mega Millions lottery jackpot winners at every opportunity, I believe today is an appropriate time to address a question (though sometimes hidden as a statement) I’ve heard many times. When talking...

Debt Repayment Options Made Simple

Guide to Debt Repayment Options - The Just About All You'll Ever Need to Know Version One of the most talked about, written about and thought about financial topics in this country is and has been since its founding, the best way to get out of debt (and then, hopefully, stay out of...

Personal Debt Reduction Strategies

Dealing with Your Debt Debt, the cursed four letter word that it is, carries a different meaning for each of us. Therefore, there are different solutions for resolving our debt based upon our needs and...

Paradigm Shift in Personal Finance Attitudes: Millionaire Lifestyles

I generally have the pleasure of facilitating three to seven personal finance classes each week, usually around the Treasure Valley of southwest Idaho. Many of those classes are for high school students in an economics or a personal finance course. Inevitably, whether I’m discussing budgeting, credit, avoiding debt, or effective consumer spending behaviors, questions or...