It is estimated that 3 out of 5 people make New Year’s resolutions each year to save money and only a fraction accomplish those goals. The reason this number is so low is simple. People set unrealistic goals. Saving money is a great goal and achievable for everyone regardless whether you who are living paychecks [...]
Category Archives: American Debt Counseling
26 Tips to Save on Spring Break 2013
Spring break is around the corner and you’re ready to chill. But while you’ve been slaving away to pass your midterms, you haven’t made any plans – and you don’t have much money. Don’t worry, we’ve got you covered. A good spring break doesn’t require a ton of cash: a place to go, a way [...]
Tax Changes
We all remember the “fiscal cliff” looming toward the end of December. Well, as we all recall from nonstop media coverage it had been resolved just in time. Now the questions remain what on earth happened? What are the tax changes and will it affect me? The unanswered questions now have an answer. Keep in [...]
Your Credit Score
Many would agree credit is important but too many people have no idea what makes up your credit score. Let’s discuss the components of your score. If you ask someone how to establish credit the answer 90% of the time you will receive is to pay your bills on time. That is correct; however that [...]
Impacts of Credit
All of us have heard that having a good credit score is extremely vital in the United States of America, however many people don’t understand the impact of a bad score. For starters, the majority of us are not fortunate enough to purchase a home or car with cash, so we must resort to taking [...]
Will Cancelling Cards Hurt My Credit Score?
A Money Talks News reader asks… I have a huge concern: My husband and I have pretty good credit: (credit scores) above 750. I decided to apply for (low interest) credit cards that I could transfer balances to and pay off a family vacation. My concern is that I applied to two cards based on [...]
Ask American Debt Counceling
American Debt Counseling is committed to helping our clients to the best of our ability. We want to take that commitment a step further by asking you, our readers and clients, what your financial questions are. We understand that many of you reading have questions that you would love an answer to but don’t know [...]
Ask American Debt Counceling
American Debt Counseling is committed to helping our clients to the best of our ability. We want to take that commitment a step further by asking you, our readers and clients, what your financial questions are. We understand that many of you reading have questions that you would love an answer to but don’t know [...]
Tips for Investing!
Tips for Investing Get out of debt. Prior to investing you should control your spending habits. Pay down any existing balances on credit cards. The smaller balances will let you have more liquid cash in case the unexpected happens. Take your time. Never buy or sell all at once. It is recommended to buy or [...]
What are my investment options?
Investment Options Mutual Funds Mutual funds are a popular investment vehicle. They do carry a risk; however it is still considered one of the safer investments. A mutual fund is overseen by a professional who will invest in numerous securities. The reason this investment vehicle is one of the safer choices is because of diversification. [...]
