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
Tag: Debt
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
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