It is no longer news that consumer credit card debt is currently on the rise. Due to an increase in interest rates, credit card owners are now faced with higher prices that are difficult to balance. According to data from the Federal Reserve Bank of New York, consumers’ credit card balances had risen to a …
by admin These days hardly a week goes by without news of another major data breach. When it happens to a credit card company, this can be more than a little concerning. How do you know where to turn or what steps to take? Cutting up all your cards and running screaming into the night will not …
by rmi Making a Plan to Avoid Overspending and Unnecessary Shopping We all know that the best way to make sure you don’t overspend at the grocery store is to make a list of your grocery needs that fits your budget. Making a list not only provides an easy-to-follow plan to make sure that we don’t overspend, …
by rmi According to the Federal Reserve Board’s guide to mortgage rates, the reason that the topic of fixed vs. adjustable rates is complicated because you need to know “about indexes, margins, discounts, caps, negative amortization, and convertibility.” They go on to say that it’s essential “to consider the maximum amount your monthly payment could increase [and] your …
by rmi Not all debt is created equal. Many people will say, “There’s no such thing as good debt,” and, to a certain degree that’s a wise saying. When it comes to “good” debt, the word can be misleading. Really, it’s that “secured” debt that is “better” than unsecured debt. Debt is considered to be secured if …
by rmi 
Choosing a bank can seem like a confusing and daunting task, especially if it’s always seemed like there was no choice at all. Many people have accounts at the banks they do because that’s just the way it’s always been. But the truth is, you do have a choice. If you aren’t happy with your …
by rmi What is the Connection Between Debt and Depression? It may sound obvious, but there is a definite connection between carrying debt and being depressed. One can seem to compound the other. Read on to learn more about the relationship between debt, depression and stress, and what you can do to combat stress and depression while …
by rmi 
Stress is a harmful condition that is mostly associated with adulthood and dealing with responsibilities. Stress works as an alarm system which alerts the body to a threat of survival. It keeps the body in a constant state of anxiety and worry over this identified threat, and if not removed leads to depression and poor …
by rmi