What Has Happened to Rental Costs? Since 2010, there has been a sharp increase in rent affordability (the percentage of income spent on monthly rent) as rent has increased and wages have not risen at the same rate. From 2007-2016, the median cost of rent increased 19.5%, meaning that in 2016 it cost $2,304 more …

Financial difficulties can have a dramatic effect on our lives. Find out how to understand the impact of bankruptcy and move forward with life after declaring bankruptcy. Understanding the Impacts of Bankruptcy Filing for bankruptcy is a big decision for you and your family. And while the process can seem overwhelming and even emotionally taxing, …

Joining the military and defending our country is one of the most noble deeds we can commit ourselves to as Americans. So, soldiers, we salute you. And as you’re here to serve us, we at CreditGUARD are here to serve you with these money saving tips. Have a Plan of Action for Your Money If …

Are you worried you may need help? Here are a few warning signs that might just confirm that fear. Fear of the Calendar At the end of the money, is there more month that you can afford? Many people struggling with debt are spending more than they bring home each month. This compounds the problem …

Whether you’ve accrued debt due to living beyond your means or as a result of a medical or other emergency, looking at your spending habits is a good way of beginning the journey to both paying down debt and being free of debt for good. We know that having a debt payoff plan is the most beneficial tool for attacking your debt.

Are you living with debt problems? Are you a procrastinator? You’re not alone. Despite recent upticks in the economy, Americans are more in debt than ever.

In our busy lives it is easy to not pay attention to our spending with the possible result that we find ourselves with lots of things and a lot of accompanying debt. Paying down debt is important in its own right, but while you are learning how to save money to pay down your debt, it might be just as important to learn how to live in such a way that you are not adding to your debt as you pay it off, and that you aren’t waiting until the day your debt is paid down to make large, unnecessary purchases that land you in debt again.

Sharing food with friends is one of life’s great pleasures. When we think of having dinner with friends we often think of getting dressed up, going to a nice restaurant, and sharing a few bottles of wine. But these things can be expensive which can not only add up quickly, but put a strain on your relationships with your friends.

When money is really tight, there isn’t much wiggle room in your budget, or you just want to pay down debt as fast as possible, it’s tempting to just decide to get a second job to fix your debt problems. A second income can seem like the perfect way to earn more money to reach your financial goals sooner, but there can often be hidden concerns that come with having a second job. There are many things to consider when deciding to get a second job. Making sure you’ve thought through these issues for yourself is paramount in whether or not a second job is right for you to help pay down or get out of debt.

Saving for college tuition is a great goal. But it’s probably only one financial goal on your list. Unfortunately, your mortgage, credit card debt, student loans, retirement and other finances all come before saving for your child’s educational future. But that doesn’t mean you don’t have options. We’ve put together a few frugal family options to help you start saving for your children’s future.