Tag Archives: debt management

Credit Counseling

Do you think you need to go to a credit counselor? The first step before you decide is to run a budget or plan to help you get out of debt on your own. If you can’t see any easy solution, a credit counselor can help – just be sure to go to the right one! Unfortunately there are more than a 1000 different credit counseling services in the United States, and not all of them are actually helpful. These kinds of services are geared just toward unsecured debt, like credit lines and credit cards. If your main problem is … Continue reading →

Oprah’s Debt Diet: Phase Two…Planning a Monthly Budget

Posted on by

This year Oprah Winfrey has been challenging Americans to get out of debt and take control of their spending. She calls this America’s Debt Diet. Phase Two of the debt diet starts with planning a monthly family budget To begin a monthly budget for your family, write down all of your monthly expenses, estimating as best as possible. Here are a few things to keep in mind when looking ahead to your expenses: * Take a look at your calendar and note upcoming events that might cost money. * Make sure to account for unexpected or emergency expenses. Perhaps you … Continue reading →