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Home arrow Family & Money
Teen Credit Card Debt Statistics

Teen Credit Card Debt StatisticsKnow the facts and learn how to protect your child from becoming one.

Were you aware that one out of three high school seniors uses credit cards?

With family credit card debt at an all-time high, teaching your kids about credit can prevent them from being irresponsible with their money.

 
Surviving Debt after Divorce
Surviving Debt after Divorce

Unfortunately a key time to think about the topics of debt and divorce should occur before the wedding. But for most people, divorce does not come before marriage and when a marriage does end in divorce; few couples are prepared to deal with the consequences of debt. Often, divorce cases and tempers flare over finances, making it even harder to divvy up debt reasonably and fairly. As a general rule, debt that accumulated prior to the marriage should remain with the individuals. Any debt incurred as a married couple will need to be divided, as these debts belong to both parties, no matter who bought the merchandise.

 
Tips To Help Elderly Parents Dealing With Debt

Tips To Help Elderly Parents Dealing With Debt

When someone you love is struggling with debt your first instinct may be to step in and take care of things, however this may not be the best reaction for elderly parents dealing with debt. For many years your parents have taken care of the family and they (as well as their pride) may not appreciate you riding into the fray to rescue them. That being said there are things that you can and should consider doing to help alleviate their struggle.

 
Proactive Approach to Reducing Your Debt Faster

Proactive Approach to Reducing Your Debt FasterMany consumers are content to sent our their monthly bills and credit card payments and go about their day, not really considering much else about their bills once paid for the month. However, there are plenty of things you could be doing in order to reduce your debt faster.

 

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