Category Archives: Getting Out of Debt
Will Americans Keep Frugal Habits or Fall Back in Debt When Economy Rebounds?
Some things are easier said than done – and it looks like that might be the case when it comes to retaining the smart saving and spending behavior so many Americans adopted in response to the recession. Last year, 63% of consumers said they had modified their money habits because of the economy, according to… Read More »
Are Improved Financial Habits Falling By The Wayside As Economy Picks Up Steam?
American consumers say the economy has changed their spending habits for the better – but is the change permanent? While 63% of people in last year’s Citigroup survey reported that the recession has had a positive effect on their spending and saving behavior, only 52 respondents say the same today. Perhaps now that incomes are… Read More »
When Debt Comes Between You and Your Spouse
Has your spouse been cheating on you – with his credit card? Now that the most romantic holiday of the year is officially over, maybe it’s time to look a romance-killer – debt. Earlier this month we discussed the fact that, thanks to the recent recession, more and more couples are hiding money troubles from… Read More »
Is Your Partner’s Debt Wreaking Havoc On Your Relationship?
Your Valentine might have given you a box of chocolates yesterday, but will he leave you with debt tomorrow? Earlier this month we talked about the consequences of hiding debt from your significant other. But what about the reverse – how does your spouse’s debt affect you? It’s not the most romantic topic, but with… Read More »
Budget Challenge Encourages Chicago Consumers to Take Back Control of Finances
The math is simple. Spend more than you earn, and you’ll end up with debt. Earn more than you spend, and you’ll gain control of your finances. So why is implementing a family budget anything but simple? For many of us, the problem starts at a young age. Maybe our parents were never very good… Read More »