Category Archives: Saving
Finding Missing Money Is One Way Chicago Residents Can Help Pay Off Debt
You know the thrill you get when you discover a $5 bill hiding in your pants pocket? Imagine how you’d feel if you found $500 in there. OK, so you’re not likely to stumble on half a grand in your jeans. But believe it or not, it’s not uncommon for folks to forget about similar… Read More »
Credit Card Debt, Student Debt Keeping Younger Generations From Building Wealth
Even though the average wealth of U.S. consumers is on the rise, younger generations of Americans are actually becoming less wealthy. How is that possible? While incomes are finally starting to pick up, workers are saving less – particularly younger workers. According to the New York Times, a recent study found that people under 40… Read More »
Crushing Credit Card Debt Causing More Workers to Postpone Retirement
Traditionally, the stereotype of a consumer with too much credit card debt has involved a young person – perhaps a recent college graduate with student loans or a young couple with a mortgage. But new data suggests that older Americans are struggling just as much – and sometimes more – than their children and grandchildren…. Read More »
For 3 in 10 Americans with No Savings, Chicago Bankruptcy Can Offer Fresh Financial Start
Nearly 30 percent of Americans have no money socked away to cover emergency expenses like a job loss or car repairs, according to a new survey by Bankrate.com. Of those surveyed, only 25 percent had saved the recommended six months worth of living expenses. In fact, half of the 1,000 participants admitted they couldn’t make… Read More »
With Interest Rates at All-Time Lows, Tennessee Bankruptcy Offers an Alternative Way to Save
Today’s low interest rates are ideal for borrowers. The only problem? Many of us aren’t in the market to purchase a home or buy a new car right now. With most Americans struggling with rising prices and overwhelming credit card, consumers are looking for ways to save money – not spend it. Unfortunately, the majority… Read More »