Ask Chuck: Breaking the Cycle of Overspending

adminBudgeting, Credit Cards, Finance, Money Management

By: Chuck Bentley, Crown Financial Ministries Dear Chuck, My husband is tired of my overspending. I struggle living on the budget he’s made because I make quick purchases rather than planning ahead. Then I feel guilty defending my decisions when the bills arrive. How can I get out of this cycle? Spontaneous Spender Dear Spontaneous,  First, be thankful you have … Read More

How to Save During the Holidays

adminBudgeting, Coupons, Holiday Tips, Saving

By: America Saves Holidays are often an exciting time of the year. Spending time with family, enjoying time off work, and celebrating with family traditions are enjoyable activities. However, the holidays can also represent added stress due to the crunch on your wallet. It is hard to look forward to a holiday if you are worried about how to pay … Read More

How to tell the difference between a legitimate debt collector and scammers

adminDebt

By: CFPB Dealing with debt collection issues can be challenging—especially when you’re not sure if the person you’re being contacted by is legitimate or trying to scam you. When an account like a credit card, auto loan, or cell phone bill becomes past due, the original creditor may attempt to collect the amount owed. The creditor may also hire a … Read More

Ask Chuck: Should I Co-Sign A Loan?

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By Chuck Bentley Dear Chuck, So, I cosigned for a student loan and now I’m stuck paying for it. Is there anything I can do? Regretful Dear Regretful, Unfortunately, the same thing happened with my Dad and we have not found a satisfactory remedy. He was approached by an employee whose son needed assistance to get a “head start in … Read More

Back-to-School Strategies to Stay Out of Debt

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By Bonnie Spain, American Center for Credit Education Q: I enjoy back-to-school shopping, but no matter how hard we try to avoid it, we always end up in debt. I don’t want to be paying for school supplies until December. Can you give us any suggestions to help us stay on track this year?  A: Back-to-school shopping is the second-biggest … Read More

Top 9 Money Mistakes People Make

adminBudgeting, Credit, Credit Cards, Credit Score, Debt, Money Management, Saving, Student Loans

By Jim Garnett, The Debt Doctor After counseling average Americans about their financial problems for many years, I noticed early on that there is a common set of money mistakes people usually make. Money Mistake #1: Being comfortable with debt. Why would anyone choose to be a slave if he could choose to be free? One answer is because, over … Read More

Ask Chuck: Is Low Price Better Than High Quality?

adminConsumer, Finance, Home, House

By: Chuck Bentley, Crown Financial Ministries Dear Chuck, I like nice, quality things. My husband prefers lower prices. My perspective is that buying quality is better in the long run. Is there a right or wrong way to look at it? We are stuck on which refrigerator to buy to replace the old one we have now. Needing A Compromise … Read More