The aim of becoming rich is not to have a lot of money. Being rich means always having options in life. Being rich affords you options you couldn’t consider if you’re working class or poor. Still, when you make your own fortune, instead of being given one, you have more of an incentive to learn how to keep it. You
The creation of debt is usually caused by avoidable misunderstandings on the part of the borrower and lender. For example, the borrower assumes they can repay the debt. The lender assumes the borrower will do so. Culpability must always be kept in mind as you learn how to deal with debt collectors. The average person owes over $90,500
This pandemic has brought out an aggressively paranoid hypochondriac in me. Several weeks ago, I woke up horribly nauseous. The room began spinning. I was mentally dizzy. My vision was spinning. I was as weak as a newborn faun. Getting out of bed and walking to the bathroom, a journey of several steps, might as well have been a
The person who is quick to borrow money is slow to pay it back. There's no shame in being in debt. It’s hard to get through life without amassing debt. The only shame is doing nothing to correct the situation. That’s why many people consult with a credit counseling service. A credit counseling service helps debt-ridden people become more financially
The Great Recession of 2008 created a domino effect of financial woes for an entire generation and the new post-pandemic economy could very well have the same effect. While the COVID-19 crisis is first and foremost a public health crisis, many Americans are nervous about what the pandemic could mean for their financial futures.
Over 36 million Americans are unemployed right now. Since unemployment offices are severely stressed, that number may be as high as 60 million. There is never a good time to be out of work. However, since we are in the middle of the horrific COVID-19 pandemic, this is absolutely the worst time to be out of work. Still, no matter