If you’re a senior with debt, you may feel like you’re up a headed up a creek without a paddle. Living on a fixed income makes it hard to take care of anything except your daily costs of living, but fortunately, there are ways to work out your debt so you have peace of mind and can enjoy your golden years.
Here are the simple steps to take.
Figure out Where you Stand
First, get an honest look at your situation. Don’t sugarcoat it, that won’t get you anywhere. Pull out all bank statements and credit card statements. Categorize your spending and total up your debt.
Continue reading “Senior Debt Forgiveness – What you Must Know”
Summer is a time for fun and vacation, but bad habits can quickly put you into debt for temporary fun. If you’re trying to stay out of debt, there are plenty of ways to have summer fun while staying within your budget.
Have a Staycation
Becoming tourists in your hometown is one of the best ways to have the best of both worlds. You can have fun and save money. You don’t have to pay the high hotel costs or even need money to eat out. You have the comforts of your own home, yet can venture out and be ‘tourists’ in your area.
You can even keep it free by visiting national parks, hiking local trails, visiting museums on ‘free museum days,’ and using your library’s resources (many offer free passes to local attractions).
Stay with Friends
If you want to head out of town for a true vacation feel, travel to areas where you have friends and see if you can bunk at their place. If you don’t have friends who live out of town or at least where you want to visit, consider traveling with friends and splitting the cost of a rented house versus paying inflated hotel costs.
Look for Coupons before you Travel
You don’t have to be a resident to take advantage of local deals, and do your research before you go. Many tourist service centers have coupon books for travelers, but you can also look on Groupon or the area’s local chamber of commerce page.
Find out where the deals are, including Happy Hour, buy one get one free deals, or even free times to enter attractions (sometimes going to attractions a couple of hours before they close) are all great ways to save money.
Budget your Vacation
Continue reading “Managing Your Summer Vacation and Debt”