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...

The Unintended Consequences of the New Credit Card Legislation

With the recent passage of the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (CARD), credit-issuing companies stand to lose a significant revenue stream, namely, penalty charges. No one can reasonably believe these businesses will accept a reduction in their profits without seeking to replace that income elsewhere in their operations. With the...

Debt Reduction Services on FOXBusiness.com

I wanted to share an article with all of you that was posted on www.FoxBusiness.com this morning. Our Director of Education, Todd Christensen, provided information to reporter Susan Ladika in regards to the increase in Bankruptcy filings in 2009. The article may be read in its entirety by clicking on the following...

Motivated Savings

Happy New Year to all of our clients and friends!  Have you, as many people do, considered changing or creating some personal habits this year?  Hopefully, the development and implementation of an improved savings strategy are among your resolutions.  To encourage you to save money and live debt-free, we suggest the following steps that can...

Back to Basics: The Cash Only Method

If you’re like a lot of people, the thought of writing each expenditure down or filling out a complex budget planner seems overwhelming and something akin to water boarding.  If you are one of those people that hate writing down and tracking your spending, these tips are for you: Start out your month figuring...

2009 – Debt Reduction Services Holiday Hours of Operations

Season's Greetings! I wanted to take a minute and let everyone know of the change in our hours of operation around the Holidays this year. Christmas Hours of Operations: Thursday December 24th - Open 9:00...

Holiday Shopping Tips

Begin saving now for Christmas shopping and Holiday activities. Starting in July would be ideal, but now is better than later. Create a list of people you would like to give gifts to and assign each person a dollar amount. Shop early, before the Holiday rush. Shopping early allows more opportunities...

Improve Your Health and Your Wallet

Health Challenges and financial distress have caused many of us to take a look at both our good and bad habits. Here are a few realistic tips to help the...

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. The vital point is...

Cycling CDs As Your Emergency Savings Fund

We've all heard that we're supposed to have money put away for a rainy day. However, the traditional method of putting "extra" money into a savings account has several drawbacks. First, the typical interest rates on these accounts are lower than inflation, resulting in a new loss on the value of your money. Second, the...