Hello! Today, I have a guest post from Dave at The Dollar Blogger. Dave lost his job, and then 2 weeks later his wife was laid off. This is their story of how they got by, their sacrifices, strategies, and more. I’ll be honest – I’m not one for excessive frugality. I wouldn’t consider myself […]
The post How My Wife and I Lived on $2,000 Per Month for 3 Years During a Financial Hardship appeared first on Making Sense Of Cents.
Well, that was fast! I just got my check and it’s all going to bills! Sound familiar? If so, you’re might be living paycheck to paycheck. If you’re struggling to make ends meet with your income, you’re not alone.Â In fact, 74% of Americans are living paycheck to paycheck according to a survey from the […]
The post 9 Simple Steps: How to Stop Living Paycheck to Paycheck for Good appeared first on Incomist.
Offers for financing furniture are everywhere these days. You’ll see commercials on TV, offers in stores, signs on streets, and more. I see them all the time, and I can’t believe the “deals” they are promising people. To be honest, I have never once seen a good deal on furniture financing. I’ve seen offers for […]
The post Financing Furniture- A Disaster Waiting to Happen appeared first on Making Sense Of Cents.
For many people, a call from a debt collector about a past due or delinquent account with no prior communication may signal that they’re dealing with a debt collection scammer. If you haven’t received any of the letters they say they sentâor didn’t know the debt existed in the first placeâyou might assume it’s not correct information. But another… Read More
The post A Bill Was Sent to the Wrong Address and Is Now In Collections: What Do I Do? appeared first on Credit.com.
Hello! Today, I have a great debt payoff story from Zach Buchenau. He is a reader of Making Sense of Cents and shares how he and his wife paid off $34,000 in debt in the first six months of their marriage. A little less than two years ago, my wife Katie and I were enjoying […]
The post How (And Why) We Paid Off $34,000 Of Debt In Our First Six Months Of Marriage appeared first on Making Sense Of Cents.
No one intends to drop out of college. If you show up to campus for your freshman year, chances are you plan to graduate in four years and use your degree to land a job. Maybe you even have the…
The post I Dropped Out of College: My Student Loan Repayment Options appeared first on MintLife Blog.
On Saturday evening, I had a chance to chat with my friends Wally and Jodie. You might remember them from a reader case study from last August. They’re the couple that wants to get their finances in order but they’re worried because they’re starting with less than zero.
When we chatted in August, Wally and Jodie had over $35,000 in debt. They had variable incomes, but somehow seemed to spend exactly what they earned — about $3000 per month after taxes. Worst of all, they were behind on some payments.
Now, eight months later, their situation has improved.
From early January to mid-February, you might receive a number of tax documents in the mail. They can range from expected W-2s from your employer to forms about mortgage interest you paid. One form that many people don’t expect is the 1099-C. Discover why you would receive such a form and what the IRS expects… Read More
The post 1099-C: What You Need to Know about the Cancellation of Debt Tax Form appeared first on Credit.com.
Dealing with an outstanding collection can be nerve wracking, especially when you’re trying to do the right thing and make every effort to pay your debt.
The post Negotiating a Collection Agency Payment Plan: What You Need to Know appeared first on Credit.com.
A judgment is an order issued by a court of law. When you borrow money, you are legally required to repay the debt. This includes opening a credit card account, getting a line of credit from your bank and obtaining financing for a big purchase. You can also become indebted to service providers. This can… Read More
The post What is a Judgment? appeared first on Credit.com.