I noticed early in my career that my clients, and people in general, had not received a good financial education and had not surrounded themselves with the best advisors. As a result, they were not making the best financial decisions for themselves or their families and at times were making disastrous choices. This is what… Continue reading Live the Life You Want Now and In the Future
Tag: Debt
Dealing with Debt Collectors Who Go Too Far
You’ve fallen behind in a loan payment, and you get numerous calls from an obnoxious and offensive debt collector. Their tactics are to strike quickly and threaten severe action unless you agree to payment of the debt. “If you do not cooperate,” they say, “We may file a lawsuit against you!” What can you do?… Continue reading Dealing with Debt Collectors Who Go Too Far
Short-Term Debt and Depressive Symptoms
Results of a study led by Lawrence Berger of the University of Wisconsin-Madison and published April 30th 2015 in the Journal of Family and Economic Issues suggest that having short-term household debt — credit cards and overdue bills — increases depressive symptoms. The association is particularly strong among unmarried people, people reaching retirement age, and… Continue reading Short-Term Debt and Depressive Symptoms