Author: Chris

Most people are afraid to file bankruptcy because they do not understand the process. There are a lot of myths out there about what you can and cannot do during bankruptcy, and unless these myths are debunked it can be difficult to make a decision. One of the most common misconceptions about filing for bankruptcy has to do with your property. Many people are led to believe they can keep their...

The idea of filing bankruptcy can be off-putting to many people. For years there was a certain negative association with filing bankruptcy, but that stigma no longer exists in today’s society. Many celebrities have filed bankruptcy, and even the President has used this legal remedy for business purposes. Still yet, there are plenty of people who are hesitant to file a bankruptcy case and...

Having more debt than can possibly be paid is no way to start a new year, so now is the time to get the help you need to secure your financial future. But figuring out what to do with overwhelming debt, or identifying ways to cut back on expenses is no easy task. It takes a lot of research, and a lot of discipline to become debt free. And it takes even more discipline to stay debt free once...

Short terms savings are funds you set aside for use in the near future. The account is meant to be used for things like emergency home repairs or unexpected medical bills. The benefit to having a short term savings is that in a few short years you can accumulate enough money to take care of your present day needs, while still putting money aside for certain long term goals like retirement....

If you started 2018 in debt, chances are you want to end the year without any debt. It might seem impossible, but with a little planning it is not unthinkable that you can end the year out of debt. There are a lot of things you can do now to make sure your year ends on a high note financially, and that will set you up for starting 2019 with more money in the bank for the things you need....

Setting goals is a normal thing to do when the New Year starts. Most people decide to eat healthier and go to the gym more frequently, and some people resolve to spend less money and put more into savings. Other goals include refocusing on work tasks so promotions are not out of reach, or spending more time with family. Whatever the goal, professionals agree the best way to have success with...

We all need access to money, and sometimes this means taking out a loan. Most loans are taken out for large purchases, such as homes and cars, but there are other times when a consumer needs money and does not have it on hand. When that happens, it is common to go to the bank and ask fill out a loan application. The process takes time and can be frustrating, but when done right you can get...

A 401(k) is a benefit offered by many employers, whereby a certain amount of money is put aside each paycheck into a retirement account for the employee. Most plans are set up where the employee puts a part of their pay into the account each pay day, and the employer either matches what is put in or has a set amount deposited into the account. The funds are generally invested, so they grow...

Most children are not lucky enough to have a college savings when it comes time to apply to a school and decide where to spend the next four years while seeking a higher education. This is proven by taking a look at the growing amount of student loan debt in the United States, but this is not the case in every situation. If your kids are fortunate enough to have a college savings account, you...

Now that the holidays are over and the New Year has begun, most of us have taken the time to sit down and come up with some resolutions on how we want our lives to change. Some of the most popular resolutions center around diet, exercise, and money. But in order for a resolution to be effective, the person making it also has to make a commitment to see the resolution through to the end. This...