Category Archives: Credit

Holiday Spending Part 2 – Staying Out of the Red

Planned holiday spending is a great way to prevent financial stress in the new year! Set limits on overall holiday spending:  Decide how much you are really comfortable spending on gifts.  A quick rule of thumb might be to keep … Continue reading

Posted in Credit, Debt, Expenses, Financial Decision Making, Financial Plans, Non Financial Resources, Spending | Leave a comment

Staying Out of Debt for the Holidays – Part 1

It is getting to be that time of year again; the winter holiday catalogues and holiday decorations are making an appearance.  So…..I am going to start the discussion on holiday spending. The holidays are really about spending time with family … Continue reading

Posted in Credit, Debt, Expenses, Financial Decision Making, Financial Goals, Financial Plans, Non Financial Resources, Spending, Uncategorized | Leave a comment

Identity Theft Prevention: Should You Freeze Your Credit Reports?

Unless you live in a bubble, it is hard to totally prevent Identity theft.  After all, many entities other than you have your personal information –financial institutions, doctors, schools, etc.  The goal is to put measures in place that make … Continue reading

Posted in Credit, Financial Decision Making, Identity Theft, Uncategorized

Lending Money to Friends and Family – Just Say No!

Don’t do it! More often than not, lending money to a friend or family member results in a strained relationship or the end of a relationship. If you do decide to lend money to a friend or family member, lend … Continue reading

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Divorce and Debt (Joint Liability)

A concern that has come up a lot lately is how unpaid debts are handled during and after divorce.  For example, let’s say a couple has several joint debts acquired during their marriage: typical debts might include credit card balances, a … Continue reading

Posted in Credit, Debt, Divorce | 1 Comment

Having Credit and Bank Accounts in Your Own Name

Most people, especially women, should consider having both a bank account and credit card in your own name – and only your name.  I don’t have a crystal ball nor do most people – so you don’t know what the … Continue reading

Posted in Banking, Credit, Emergency Fund, Saving | Leave a comment