Right around now, you’re getting or paying the bills you racked up during the holiday season. Maybe you didn’t realize you pushed your balances so high, or perhaps the expenses seem manageable. Either way, do you know how bad your debt really is? Debts carry different burdens, depending on the type and repayment structure. If… Read More
It’s ridiculously easy to lose control of your credit card spending. Reversing it may not be so simple, but there are ways to undo your credit card spending binge and keep your impulse-shopping from wrecking your finances. Of course, a huge part of fixing the problem involves changing your behavior, so put away the credit… Read More
If you’re looking at a pile of post-holiday debt, don’t panic: There are several ways to make the bills more manageable. No matter how intimidating those credit card bills seem, it’s crucial to pay them on time. Late payments will hurt your credit scores, which may already be suffering from your bigger debt load (the… Read More
The past couple of weeks have been filled with holiday parties and eggnog and turkey and gifts and good cheer. If you are like most people, you might have reached for an extra serving of turkey or grabbed an extra cookie when no one was looking. But now that the indulgence is over, something else… Read More
We don’t have to tell you: You already know the holidays are expensive. But what’s the best way to tackle them with your emergency fund intact and your credit card debt not out of control? (Because no one likes having a financial hangover in January.) The first step is to create your holiday budget today—and use our amazing how-much-can-you-spend-on-each-person gift calculator…. Read More
September has only just begun, but holiday layaway plans are already making the news. Wal-Mart, the world’s largest retailer, recently announced plans to extend its holiday layaway program by a month this year, in addition to tripling its service fee from $5 to $15. The catch to the Wal-Mart plan is that consumers can get that… Read More
Mary Hunt, cheapskate extraordinaire, dug her family out of some $100,000 in debt and now teaches others how to do the same. She’s written a terrific book, Debt-Proof the Holidays, which teaches you how to avoid going in over your heads during the holidays. I predict the book will fly off bookshelves this year!
We’re going to be posting at a reduced frequency over the next week as our credit experts take time off for the holidays. Feel free to send your dreams or questions to us at firstname.lastname@example.org while we are away. Here are a few last minute tips to help you have a happy holiday season:
Hanukkah starts tomorrow and there are only 10 more days until Christmas. The holiday season is in full swing! At times, it can seem like the holidays are all about shopping and spending (just ask Best Buy). So it helps to have an occasional reminder that retail is not the reason for the season!
Back-to-school season is quickly becoming the start of the fall/winter spending sprees. It used to be that fall/winter spending started with Christmas shopping after Thanksgiving. Then, that date was pushed back to Halloween. And now it looks like back-to-school season is the new official starting line. An article in Yahoo Finance detailed the splurging: