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Money and Mental Health

Are you living with financial stress?  A Bankrate article titled: Bad Credit Affects Mental Health, recently caught my eye. Here are some of the things that I learned. Nearly half of all people who have debt problems also have mental health problems. 86% of people with mental health issues said their problems were made worse […]

Escape Credit Card Debt

Are you a financial hostage due to credit card debt?  Some people manage their entire budget around keeping their credit card balances paid down just enough to stay out of trouble. Carrying a large monthly balance on credit cards and paying only the minimum monthly amount creates a debt more expensive than a home mortgage! […]

Debt Snowball

Want a plan that’s guaranteed to reduce your financial stress? The interest you pay on borrowed money may be the biggest expense in your budget and the biggest source of your financial stress, but it doesn’t have to be this way. To escape the constant pressure of financial stress, get out of debt using the […]

Financial Anxiety – S.O.S.

Do you suffer from financial anxiety? If you find yourself dwelling on “what if” scenarios, I want you to think S.O.S. Stop! Organize! Start! If you’re overspending, accumulating debt, and living with stress to make it to the end of the month, declare that you’ll stop repeating those mistakes. It’s the first step of financial […]

Focus on What You Own

Is your financial house built on sand? I’ve counseled people with significant assets who were wiped out during economic downturns. Things looked great on paper, but their lifestyles were highly leveraged with debt. When interest rates rose and the economy tightened, they couldn’t keep up with payments. They lost everything, including their homes. Highly leveraged […]

Debt Collectors

1 in 4 Americans have at least one debt in collections. If that’s you, here are some helpful tips. Debt collectors can only call you between 8 a.m. and 9 p.m. unless told otherwise. They can’t harass you with repeated calls, threats, or abusive language. Law prohibits them from coming to your workplace to collect […]

Signs of Financial Instability

Are you financially unstable? A recent survey revealed that 63% of those employed before the pandemic lived paycheck to paycheck. When job loss occurred, financial instability reared its ugly head. Perhaps you know the pain. • You’re stressed out and losing sleep. • You don’t have an emergency fund. • You’re maxed out on your […]

Minimum Payments

Making minimum credit card payments? If you are making minimum payments, the lowest required payment shown on credit card statements, it can help preserve cash, but it’s expensive, limits freedom, and creates stress.  Call your lender, assure your desire to pay, and negotiate better terms. If you have a decent credit score, you can transfer […]

Financial Stress

Financial stress got you down? The founder of the Financial Therapy Network says  that worry and stress over money “contributes to headaches, stomach problems, ulcers, heart problems, high blood pressure, and other ailments.” If you’re suffering, invite the Lord to intervene and give you peace in the midst of this trial. Ask Him for wisdom […]

New Credit Card Debt Record

Are you struggling to pay off credit card debt? Credit card delinquency rates recently rose to the highest in nearly eight years. It’s a real problem, and it’s only growing! Millennials experience rent, home prices and college tuition increasing faster than incomes. They’re burdened with student debt and rely on credit cards. Their financial woes lead […]

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