Gas, electric, and even some water companies have Customer Assistance Programs. These programs are usually available to low-income customers who are experiencing financial hardships and are unable to pay the full monthly bill. Let’s discuss some things to keep in mind when talking with your utility company. Above All Else, Be Polite While dealing with …
by rmi While our finances will always be impacted by external events such as the loss of a job or an unexpected expense, these incidents are not the root cause of debt. You can find yourself in over your head with massive credit debts no matter how much money you are able to earn. Let’s look at …
by rmi Dealing with financial hardships and working to overcome credit debt can be stressful. This stress can build up over time and lead to negative health effects. Taking time to understand and alleviate sources of stress can go a long way toward maintaining a positive financial future, and a healthy one, too! Let’s look at some …
by rmi If you are like many Americans and looking to push reset on your financial future, you are going to need to avoid some common mistakes that can have long-term impacts on your finances. Let’s look at 3 financial mistakes that a bit of planning can help you avoid altogether. Not Building Your Emergency Fund While …
by rmi Before making a solid budget it’s important to understand your debt to income ratio. Let’s unpack what that means and how it affects the decisions you will be making regarding your finances. Understanding your finances is the key to making sound financial decisions. Only by taking an active role in your personal economy will you …
by rmi Student loans may be a necessity for finishing college, but they can be crippling for a young adult fresh out of school. Let’s look at some ways for graduates to survive student loan debt. Student loan debt has now crossed the trillion-dollar mark, leaving more people than ever saddled with loans they will have trouble …
by rmi Credit forgiveness programs sound pretty simple, but they often come with consequences that catch people off guard. Understanding what credit forgiveness entails will help you make an informed decision when trying to tackle debt. What is Credit Forgiveness? Unfortunately for everyone who has found themselves with out of control debt, credit forgiveness is not as …
by rmi What Is Debt Consolidation? As of 2018, nearly 80% of Americans, across all generational demographics, carry some type of debt. Whether that debt comes from student loans, mortgages, credit card debt, auto loans or medical debt, more Americans are looking for ways to reduce their debt. Many debt-holders may have come across the suggestion to …
by rmi Resources for the Unemployed Losing your job can be stressful and frightening, even if you were expecting it to happen. Being without work for even a short length of time when already in debt can have devastating effects on your financial situation. Fortunately, resources are out there to help you through this difficult time and …
by rmi 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, …
by rmi