It’s never too late — or too early — to start thinking about your financial health and get your finances in order. For many people, this means establishing a savings fund, paying off debt, or maxing out their investment account contributions. But if you’re struggling to pay for everyday expenses or monthly bills, the idea …
DebtHammer Newsletter #15: The Tools You Need to Become Debt-Free Read More »
According to our end-of-year survey, nearly half of American consumers planned to end 2022 in debt due to holiday spending. For many people, this was due to taking on expensive forms of credit like “Buy Now, Pay Later” plans or payday loans to cover holiday costs. Now, already two months into 2023, many people are …
DebtHammer Newsletter #14: The Tools You Need to Become Debt-Free Read More »
Start 2023 with these smart financial habits There’s no better time to start making a few life improvements than January of a new year. And, according to a recent survey on the top New Year’s resolutions in America, finances are on over half of people’s minds. In fact, 39% of people made a resolution to …
DebtHammer Newsletter #13: The Tools You Need to Become Debt-Free Read More »
Student Loans: Student Loan Forgiveness and Repayment Pause Approximately 42.8 million borrowers have federal student loans with an average balance of just under $38,000 each. A few months back, the Biden Administration proposed a new plan that would help reduce student loan debt by up to $20,000. This would be a significant help to many …
DebtHammer Newsletter #12: The Tools You Need to Become Debt-Free Read More »
Where’s your money really going this holiday season? It’s that time of year again. The winter holidays are just around the corner, and the holiday shopping season is about to hit its peak. With two of the biggest shopping days – Black Friday and Cyber Monday – coming up this month, people are gearing up …
DebtHammer Newsletter #11: The Tools You Need to Become Debt-Free Read More »
Cash Advance Apps 101 A cash advance app is an app you can download onto your phone and use to borrow ahead of your next paycheck. They’re usually free to use, though some apps (like Brigit) come with a small monthly subscription fee or have a tipping option (like Earnin or Dave). Unlike other short-term …
DebtHammer Newsletter #10: The Tools You Need to Become Debt-Free Read More »
What you need to know about the new student loan debt forgiveness plan The average student loan debt per borrower is around $30,000, though many people owe much more than that. Having high amounts of any kind of debt can be stressful, especially if you’re trying to focus on your — or your family’s — …
DebtHammer Newsletter #9: The Tools You Need to Become Debt-Free Read More »
School is just around the corner, so if you haven’t started gearing up for it, now’s the time. For a lot of parents, this year is more important than ever. Not only is the cost of school supplies going up but, with recent events, there’s also the safety of your child to consider. With that …
DebtHammer Newsletter #8: The Tools You Need to Become Debt-Free Read More »
Since Bitcoin was first introduced to the market in 2009, cryptocurrency has soared in popularity amongst investors for numerous reasons. For one thing, cryptocurrency has massive potential when it comes to gains. According to Forbes, Bitcoin was worth $19,400 as of July 2022. In comparison, it was valued at $500 in 2016 — that’s a …
DebtHammer Newsletter #7: The Tools You Need to Become Debt-Free Read More »
For many people, bankruptcy seems like the answer to large amounts of high-interest debt, overextended credit, and even marital issues. If you’re considering it as an option, you’re not the only one. Hundreds of thousands of people file for bankruptcy every year. In 2021 alone, there were around 413,000 personal bankruptcy cases. Bankruptcy has its …
DebtHammer Newsletter #6: The Tools You Need to Become Debt-Free Read More »