These days, more and more Americans find themselves living on the edge. Though we are amid the longest economic recovery in American history, wages have failed to keep pace with growth. In addition, many households carry high debt burdens, and when a financial...
There is a surprising trend in U.S. personal bankruptcies: The rising number of senior citizens petitioning for relief has risen to never before seen proportions. In 1991, a minute percentage of bankruptcy filers were over 65. Now, seniors account for more than 10% of...
It’s true when they say money doesn’t grow on trees, but if only it did. Let’s face it, we all get into a little debt at some point in our lives and sometimes it’s more than we can handle. Sometimes the money we earn gets garnished legally from our paycheck if we...
Vehicle repossessions have devastating consequences. Once a lender seizes a car or truck, vital transportation is often cut off. When a vehicle is a daily necessity, inability to qualify for another loan because of the repossession may mean higher expenses for...
Falling behind on your house payments can be the beginning of a downward spiral for maintaining your finances. If you are overwhelmed with owing money and are having a hard time making payments on your house, it’s highly likely that foreclosure is going to happen....
Spending your nights sleepless and sweating from thoughts about finances isn’t just a problem for your wallet, it can severely impact your health and daily life. It’s something you may not think about, how your health can be tied to what your bank account is doing,...