Category Archives: Financial Literacy
Five Tips for Dealing with Significant Debt
Debt can pile up unexpectedly, and before you know it, you’re struggling to pay your creditors. It might seem insurmountable, but don’t give up. Instead, try these five strategies for managing your debt and getting back on track: 1) Ask for help. Your creditors are not rooting for you to fail. If you’re having trouble […]
Starting Off Right with Budgeting Tips
In our consumer-driven society, young people are pressured into spending their hard-earned money, but most are not encouraged to save money. Credit card companies routinely bombard them with new ways to finance a made-for-television lifestyle. You can prepare your children for a better future by helping them develop good financial habits at home. Start with […]
Simple Safeguards Against Identity Theft
Three Wayne County residents face charges for dozens of counts of identity theft and access device fraud. The District Attorney’s Office alleges the three used stolen names and social security numbers to apply for credit cards. At least 13 people were victims of the identity fraud. One victim had more than $14,000 in credit card […]
Common Credit Report Errors
Credit report errors are more common than you many think. A recent study from the Federal Trade Commission found 26 percent of consumers had a material error on their credit report, and five percent of consumers had an error that was significant enough to place them in a different credit risk tier. This means those […]
Jumpstart Your Financial Literacy
The best way to get out of debt and stay out of debt is to become financially literate. It’s easier to control your finances when you understand your finances and how they work. Don’t be afraid of money, and don’t let it control you. When you control your finances, you control your freedom and your […]
