Category Archives: Consumer Spending
Paying Down Debt Should Take Priority Over Spending to Stimulate Economy
It’s a catch-22. We’re supposed to make it through tough economic times by saving – but then we get blamed for slowing down the economy. What do I mean? In June, consumers reduced their credit card debt for the fifth month in a row, according to a Federal Reserve report. Total consumer debt in the… Read More »
Keep Your Credit Cards Out of Sight to Save Money, Suggest Chicago Bankruptcy Lawyers
Some people have coin collections. Others collect baseball cards. Some folks, like my boyfriend, collect guitars. I happen to have a credit card collection. Fortunately, I haven’t opened any new accounts lately – I know better. But once upon a time, I was clueless. If a store offered a 15 percent discount or members rewards… Read More »
Chicago Bankruptcy Attorneys Recommend Giving Yourself a Raise
Hoping that your boss might recognize your hard work with a little more money this year? Waiting for your paycheck to catch up with the cost of living? Well, you might be out of luck. Many employers are forgoing raises for the second year in a row thanks to economic concerns, according to an Associated… Read More »
Celebrate Independence Day by Freeing Yourself from Debt, Suggest Illinois Bankruptcy Lawyers
Six years ago, I was in debt. Today, I’m not. And the difference means the world to me. That’s why, on Independence Day, I celebrate not just my country’s freedom but my own personal freedom. Of course, when I had the debt, it seemed normal. It was normal for me to use a credit card… Read More »
Chicago Bankruptcy Lawyers See Economy as a Good Excuse to Kick Bad Habits
What’s more powerful than peer pressure, a way to relax or a desire to fit in? Money! I could tell you that at 15 years old, when I quit smoking. To be fair, I had only been a smoker for about a month. As an honor student, I had been desperate for a not-too-scary way… Read More »