Tag Archives for " Credit Cards "

3 Surprising Steps to Getting Out of Debt

Originally posted on the Christian Post on February 24.   Dear Chuck, Credit cards are killing me, and it feels like getting a handle on money is some kind of 12-step program. Where do I begin? Feeling Overwhelmed. Dear Overwhelmed, Well, I have some good news and bad news. The good news is that it’s […]

What You Need to Know About Being Threatened by a Debt Collector

The Consumer Financial Protection Bureau recently reported than 1 in 4 consumers felt threatened when contacted by debt collectors. They experience collectors calling too often, at odd hours, and warnings of jail time and other frightening threats. Some were being hounded for debts they did not even owe! Many complained that the collectors ignored requests […]

Can You Pay for Unexpected Expenses Without Debt?

Jill Cornfield at Bankrate.com says the most common surprise expenses are related to vehicles, appliances, home-repairs, injury or illness. Unfortunately, nearly 6 in 10 Americans don’t have enough savings to cover an unexpected bill of $500. This is a problem across our nation. When people pay with a credit card, the original expense can grow […]

Church vs. Credit Cards

Originally posted on the Christian Post on February 3.   Dear Chuck, I need some help. I am a 50 year-old widow with a teenager at home, and I’m using credit cards to survive, drowning in late fees. I am over extended and miserable. My income cannot support my obligations so I decided to find […]

6 Christmas Budget Busters

The most common traps to overspending at the holidays and tips on how you can avoid them Christmas shopping can be the most expensive and stressful shopping experience of the entire year year. Many stores count on last minute, frantic shoppers to overspend out of desperation. So wehave compiled a list of these Christmas Budget Busters for […]

The States With the Most Revolving Debt

ZeroHedge.com recently revealed the states where consumers accumulated the greatest revolving debt. Hopefully, you were not among those who woke up regretting the addition of thousands of dollars to your credit cards over the holidays (at a 30% interest rate nonetheless). Minnesota and Wisconsin dominate the list of cities with the top 10 best credit […]

3 Phases of the Debt Cycle and How to Get Out

Originally posted on the Christian Post on January 6. Dear Chuck, I read your column about making New Year’s resolutions, and I’ve made mine: Get out of debt. It’s not my first attempt, but I’m hopeful that this time I can do it. I wish I had a more creative tale of woe, but it’s basically […]

8 Indicators of a Shopaholic

All of us have probably purchased something we didn’t need. But, do you know why? Lauren Greutman, gives reasons in an article she wrote for the Huffington Post. Here are a few she discovered, with my solutions to the problem. You want to impress people. Solution: Find your true identity in Christ. Greed and pride […]

Ask Chuck: 5 Things To Do When You and Your Spouse Don’t Agree on Christmas Spending

Dear Chuck, My spouse and I are on the opposite sides of Christmas. He’s kind of an Ebenezer Scrooge, doesn’t want to spend any money and thinks most decorating is a waste of time and resources, but I love the excitement of the season, and gift giving is a way I like to show my […]

Black Friday Survival Guide

10 Ways to Avoid Overspending on the Biggest Shopping Day of the Year According to the Balance, 133.7 million Americans went shopping on Black Friday weekend in 2014 and spent a total of $50.9 billion. Stores count on bringing in at least 30% of their annual sales just between Thanksgiving and Christmas, making you the […]