7 tips to help dig your way out of debt Not all debts are bad ones. But bad debts can hang heavy around your neck and create long-term financial strain. Here’s the good news about bad debt: You can reduce it. When you have a clear view of your outstanding accounts and amounts, you can…
When my clients first build a budget, I notice they often make one key mistake: They forget to include savings or debt payoff goals. They budget for monthly expenses, like rent and groceries, but never savings or debt. They assume they’ll use any leftover money towards saving goals, but often forget to move this money…
Research has shown that people who experience stress from financial issues and debt are 20 times more likely to attempt suicide than those who do not experience this type of stress. What’s more, financial hardship is, unfortunately, a common problem. In one study, over 50% of the participants reported having two or more financial stressors.…
BBC Kevin Hylton spent two years trying to get answers from the DWP Thousands of people are seeking help with debt after the government paid them benefits, only to then be told they were not entitled to the money and must repay it. Debt counselling service Money Wellness said nearly 10,000 people sought advice last…
How to Budget: A Step-By-Step Guide NerdWallet Read the original article here
This article originally appeared on Business Insider. JPMorgan CEO Jamie Dimon has put forth a solution to unrestrained US debt: Tax the rich at the same rate as middle-class people, or at a higher rate. The bank executive told “PBS News Hour” that the country could clamp down on runaway borrowing without eliminating spending. Dimon…
A new taco shop in Rockville Town Center is celebrating a lot of firsts, including a new kid’s meal option to help pay off Montgomery County students’ lunch debts. Little Miner Taco partnered with the Montgomery County Public Schools’ foundation Dine With Dignity to raise money for school meals as families wait for approval to…
After announcing earlier this week that U.S. Vice President Kamala Harris plans to take on corporate price gouging with the first-ever federal ban in the food and grocery industries, the Democratic presidential nominee’s campaign on Friday unveiled details about Harris’ broader economic agenda, making clear to advocates that she is focused on lowering numerous costs…
After announcing earlier this week that U.S. Vice President Kamala Harris plans to take on corporate price gouging with the first-ever federal ban in the food and grocery industries, the Democratic presidential nominee’s campaign on Friday unveiled details about Harris’ broader economic agenda, making clear to advocates that she is focused on lowering numerous costs…
Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls,…