The good news is that most retirement accounts have recovered from the lows they hit in 2008. So what’s the bad news? Nearly half of middle-class Americans still won’t have enough savings to retire, according to a recent survey by Wells Fargo. The culprit this time isn’t the market; it’s debt – and not just… Read More »
If you’ve been to a department store or shopping mall this holiday season, chances are a cashier has asked if you’d like to save money by opening a store credit card. At retailers from Macy’s to Best Buy, opening a store card can save you anywhere from 5 to 20 percent – a pretty appealing… Read More »
There’s a reason Chapter 7 is the most common type of personal bankruptcy: It’s a lot faster than Chapter 13, it doesn’t require filers to pay back a portion of debt and, contrary to popular myth, it allows most people to keep their possessions. So what’s the biggest drawback to Chapter 7? Not everyone will… Read More »
When you look at the cost of buying a house, purchasing a new car, or planning a wedding, it’s no wonder so many young adults are in debt: Life’s biggest moments are also the most expensive! But while taking on debt with each of life’s major milestones has become the American way, it’s not necessarily… Read More »
It’s true that everything costs money these days and, oddly enough, so does filing for bankruptcy. Regardless of your specific financial situation, there are a few fees that are unavoidable when filing a claim. The first cost you’ll run into is the filing fee, which can be rather substantial. In Georgia, it costs $306 to… Read More »