debt management

In 2018, student loan debt in the U.S. reached $1.5 trillion. With a continued increase in college tuition, it's likely that even more young adults will be turning to loans in order to finance their education. 

With the average student loan debt coming in at around $38,000, it's important to have a plan in place to pay off those loans once you enter the workforce.

The American Institute of CPA’s (AICPA) recently published a list of personal finance trends that we should all be concerned about. These trends highlight the fact that almost 63 percent of Americans today are unable to pass a basic financial literacy test.

Here are the troubling trends, as well as some tips on how to avoid them:

Avoid these situations, if you can.

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible.

As you reduce your liabilities, embrace the behaviors that may improve your balance sheet.

Paying off a major debt produces a sense of relief. You can celebrate a financial milestone; you can “pay yourself first” to greater degree and direct more money toward your dreams and your financial future rather than your creditors.

Each generation faces unique challenges and opportunities when it comes to managing finances at different life stages. Alloy Silverstein provides the following do's and don'ts to help Millennials stay on track with their finances.

Yogi Berra was definitely quotable. The above title is attributed to him. Let’s assume that now you are in your 40’s, have established yourself in a career, and are thinking that you have made too many “wrong mistakes” financially to meet some or all of your family’s needs.  Not necessarily.  What you need to do is START with a plan.