From work reduction to cuts in pay and job loss, millions of people have been impacted financially in the U.S. by the COVID-19 pandemic in one way or another. So it is not surprising that when it comes to reducing debt, a majority of Americans are currently finding it harder than ever to pare it
Before my husband and I started working with our financial adviser at the beginning of 2020, we didn’t have much of a plan for our money. We made sure our bills were paid each month and our credit wasn’t terrible, but beyond that, there was no strategy. So while we technically had what we needed
Becoming a parent means taking on a whole new level of responsibility. After all, you’ve now got a new life in your hand’s and your child is dependent on you for everything. While the list of things you need to do as a new mom or dad is endless, there’s one essential item that should
You’ve never felt more like an adult. Your career’s flourishing and your family’s growing. People take you seriously as a professional and a parent. After thinking hard about your future, you’re sure that you’re ready to buy a house. Unfortunately, to take that step, you have to do something you left behind from your childhood:
Accumulating credit card debt has a snowball effect: It’s easy to keep swiping and not realize how much you’re charging on credit cards, and how quickly little purchases can result in major interest charges. In my family’s case, mindless purchases and frequent minor emergencies resulted in $30,000 in debt over the course of three years.
This story and image was originally published in the September 2019 issue of Highland Park Neighbors. It has been republished with permission. If you’ve ever heard a TV or radio commercial promoting a bank, chances are it ended with a phrase about the bank being FDIC insured. Since this message comes at the end of