Photo from Pexels by Karolina GrabowskaRight now, financial stress is causing a lot of turmoil for individuals and families around the world. Many people are fearful about their economic outlook, and rightfully so.It started with rising prices for groceries, which were blamed on supply chain shortages. Then gas prices skyrocketed, and blame was put on the Russia-Ukraine war. … [Read more...] about 5 Ways to Keep Financial Stress Under Control
Photo by Brett Sayles from Pexels So, you probably have heard that the US Federal Reserve Board is raising the interest rate for the first time in three years (well, unless the only news you care about these days is Kanye, Kim, and Pete). All the financial news outlets reported the Feds raised the interest rate today by a quarter percentage point.Policy watchers expect … [Read more...] about What Does the Federal Reserve Interest Rate Hike Mean for Your Personal Financial Recovery?
Many people of all ages are taking the health of their finances more seriously and beginning to take proactive steps to turn things around if they’ve been struggling.In the past, consumers racked up tens of thousands of dollars in debt without blinking an eye, but in today’s world, they’re understanding more about the dangers of accepting all those credit card offers.If you’ve … [Read more...] about Get Out of Debt and Fix Your Credit
Compulsive spending involves feeling compelled to spend money on items you don’t really want or need. In some cases, you might spend money on items you already have plenty of. For example, even though you love getting new shoes, if you already have 20 pairs of them, it’s probably safe to say you don’t need another. Signs You May Be Spending Compulsively Do any of these signs … [Read more...] about Do You Struggle With Compulsive Spending?
Surprisingly, many couples don’t talk about their individual finances. This is quite disturbing, given that nearly 60 percent of divorcees say finances played a role in the breakup of their marriage, and 20 percent said financial conflict was a major factor in their divorce, according to a recent survey by the credit agency, Experian. What’s more, the financial and … [Read more...] about How to Protect Your Credit During Marriage and Divorce