Not all debts are the same. Although most forms of lending carry risk, certain lending decisions are more likely to send you into a downward debt spiral. We call them debt traps.It's...
Posted by Rosovich & Associates, Inc. on 08/11/2022
The question has never been more appropriate since the coronavirus turned the world on its head in 2020. But the motto of the Boys' Scouts remains ever relevant: Be PreparedBut,...
Posted by KLSM CPA Firm PLLC on 02/15/2022
The concept of saving money involves letting go of what you want at the moment for a better future. However, with the introduction of credit cards, loans, and EMI schemes, people can...
Posted by KLSM CPA Firm PLLC on 10/24/2021
Debt is not necessarily bad as it can either cause harm or help someone, depending on how it is used. This is not about going into high-interest debt but considering and leveraging...
Posted by KLSM CPA Firm PLLC on 09/26/2021
There are many ways you can either reduce or cancel your debt. No matter the source – excessive credit card bills or student loans, it is possible to cancel your debt. In many...
When it comes to financial management, debt management is an excellent skill. Whatever the type of debt – car finance, student loan, home mortgage, here are debt reduction skills...
There are times people are suddenly faced with a financial crisis. In such cases, the primary instinct might be to cut spending and other expenses. While such tactics might help,...