We are going through some hard times right now. Our political system seems to be in constant chaos, economic indicators are bad, and every day the news seems both frightening and surreal. And against this backdrop we all have our own personal struggles and challenges. I see this with my coaching clients, who are often … Continue reading A Pep Talk for Hard Times
Category: Debt
7 Ways to Use Your Tax Refund to Level Up Your Finances
Expecting a tax refund this year? If you are one of the people getting money back, why not use this as an opportunity to make a real difference with your finances? Below are seven unique ideas for turning your tax refund into a bigger paycheck, smaller bills, more money for the future, more peace of mind, or just a … Continue reading 7 Ways to Use Your Tax Refund to Level Up Your Finances
My Top 10 Tips for Having Great Credit
To be honest, credit is kind of a game. If you know the rules, you can do well. If you don’t, you can end up in real trouble. It would be tempting to just ignore it, but a low credit score means: Higher interest rates on mortgages, car loans, and personal loans, which could cost … Continue reading My Top 10 Tips for Having Great Credit
The Debt Consolidation Trap, or How I Saved My Client $48,000
A client came to me recently because of credit card debt and feeling like she never had anything left over at the end of the month. I had her do something that I have all my clients with credit card debt do—I had her make a list of all of her credit cards with the … Continue reading The Debt Consolidation Trap, or How I Saved My Client $48,000
What To Do When Debt Collectors Are Calling
Even if you have never had to deal with debt collectors, I urge you to read this post. You might be able to help a friend or family member who is going through this situation. I remember getting calls from bill collectors back during my days as a struggling Chicago theater artist. It was extremely … Continue reading What To Do When Debt Collectors Are Calling
12 Ways to Create an Emergency Fund — Quick!
Not having money for emergencies can be extremely stressful. But a $1,000 emergency fund will put you in a better place than 57% of Americans – and it is a great goal to get started with. It will give you peace of mind, and it means you don’t have to take out a 20% interest … Continue reading 12 Ways to Create an Emergency Fund — Quick!
Why Your Credit Card Shouldn’t Be Your Emergency Fund
Imagine this scenario … Bruce has a sudden dental emergency and gets a bill for $2,500. He doesn’t have any savings – who knows where the money goes each month – so he puts it on his credit card at 20% interest. “Luckily” the minimum payment is only $42 per month – he can figure … Continue reading Why Your Credit Card Shouldn’t Be Your Emergency Fund