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Founded in 1951, the National Foundation for Credit Counseling is the largest serving nonprofit financial counseling organization. Find various topics in this blog, including personal finance, credit counseling, housing, budgeting and student loan help. Click here to speak with an NFCC-certified Consumer Credit Counselor.

10 Ways to Fall into Savings this Autumn

 By Lauralynn Mangis, Online Marketing Specialist at Advantage Credit Counseling It’s back-to-school time and every family is looking for ways to cut costs and save a little extra money during the fall season. With the majority of everyone’s budgets being stretched thin due to the back-to-school necessities, it’s important to cut costs when and where you can. Here are some quick and easy ways to save money this Autumn: 1. …Read More

Start Your Holiday Planning Now

 By Mark Foster While the holidays might not be right around the corner, it’s still a good idea to start thinking about your holiday spending. To some, it might seem odd to start thinking about a holiday budget now, however planning sooner is better than later!    The holiday season rolls around at the same time every year, yet it still seems to catch many off-guard. Ultimately, waiting until the last minute to begin thinking about a budget can …Read More

5 Ways to Keep Bank Accounts Cool During Hot Summer Months

 By Tara Carter Temperatures are heating up this summer, but that doesn’t mean you’re spending has to increase with these hot temperatures. Here are 5 ways to help keep spending under control, and bank accounts cool this summer:   1) Set a Budget  Pay attention to spending habits so you don’t end up spending more than you earn. Over spending is a quick way to lead yourself into poor financial health and …Read More

How to Get Out of Debt

By Lauralynn Schueckler The recent recession affected the financial lives of people all over the country. The recession led to much higher rates of unemployment and underemployment. Because of this, many people needed to rely on credit cards to meet all of their financial obligations and pay for emergencies that arose. While this may have been a good short-term solution, many now find that they have an insurmountable amount of personal …Read More

New Year Financial Goals

By Mark Foster The new year is underway. Everyone should have some kind of goal for their money, and now is the perfect time to be thinking about goals for 2012. Many people wish for good things to happen to them financially, however many take little or no action to turn those wishes into becoming reality. It is important to create a few financial goals. As hockey legend Wayne Gretzky …Read More

Tips for 2012 Financial Resolutions

By Gail Cunningham As the new year approaches the NFCC offers these financial resolution tips for 2012:     Have adequate savings. You might ask yourself how you paid for your last emergency. If it was with a credit card, that’s a red flag. A person who cannot afford an emergency is not likely to be able to afford the interest, late charges, and over limit fees that could be associated with adding …Read More

Create Your Own Stimulus Plan

Although the federal government and many household budgets have one thing in common, both are in the red, there is one critical difference: consumers cannot raise their debt ceiling in order to continue borrowing. Further, they cannot operate in the negative year after year, or financial doom is a certainty. “Many consumers have been renting their lifestyle by living off of credit, and it’s time they took ownership,” said Gail …Read More

If You Want to Improve Your FICO Scores…Paying Off Credit Debt Reigns Supreme

When it comes to boosting your FICO credit scores there are a variety of strategies that will yield varying amounts of improvement.  Many people believe that getting negative information removed from your credit reports is the number one way to increase your scores.  This is correct but only if the consumer is successful at getting most, if not all, of the negative information removed.  Getting one of your twelve collections …Read More

5 Tips For Staying Under Your Own Debt Ceiling

The stand-off between President Obama and Republican Congressional leaders over whether or not to raise our federal government’s debt ceiling continues to be a center of focus for Washington and the rest of the country. A debt ceiling, simply put, is a cap on how much money the federal government can owe. It is currently set at $14.294 trillion, and the debate is over whether that number should be raised before …Read More