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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.

Simple Steps to Save Successfully During Military Saves Week 2017

By Tammy G. Bruzon, Military Saves Military Saves Week (February 27 – March 4, 2017) is an annual opportunity for individuals to assess their savings and take financial action. Each year, we encourage servicemembers and military families just like yours to set a goal, make a plan, and save automatically. This Military Saves Week, try these five simple steps to help yourself save automatically – and successfully: Assess Your Savings …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

How to Save on School Supplies

By Becky Winters, Grant Coordinator at Navicore Solutions School is in session, and you know what that means: Your children need backpacks, books, notebooks, pens, crayons, Kleenex and an endless supply of other school items. Here are some tips to help you save money this fall.    1) Give your children a school allowance –Even though school has already started, your kids probably still are begging for every bell and …Read More

When to Say No: A Parent’s Guide
to Giving Adult Children Money

By Barb Miller When I work with clients who give money to their adult children I am always curious why. Since preparing a comprehensive budget is part of the counseling process, the topic often comes up. The adult child may still be living at home, or recently returned to the parents’ household. Or, parents may be giving money to an adult child that lives on his/her own. Often what I …Read More

Build Your Emergency Savings Cushion

By Mark Foster Although the Great Recession is over the economy still seems to be merely limping along. Thirty-nine percent of adults do not have any non-retirement savings, according to a survey by the NFCC. Saving is an essential goal to have. Emergencies are a fact of life. It’s not a question of “if” you will ever have an emergency, but “when.” So having money saved is a necessity. Fifty-nine …Read More

Cool Tips For Summer Fun That Don’t Break The Bank

By Gail Cunningham When school let’s out every summer, the thoughts of children and families across the nation turn to fun-filled summer days. But rather than letting summer break the bank,  inexpensive activities can pass the sunny days with the children without missing a beat. Visit the local library. Most local libraries provide regular storytelling programs that provide an air-conditioned break that keeps even the youngest and oldest reader’s learning skills sharp. …Read More

6 Steps to Your Personal Independence Day

By Stacy Johnson Independent: (adjective /ËŒindəˈpendÉ™nt/) Free from outside control; not depending on another for livelihood or subsistence. Our nation’s independence is a source of pride for every American, because it marks the day when our nation became the master of its own destiny – free from outside control. Imagine the day when the definition of “independent” will apply to you – the day you’ll stop “depending on another for livelihood or subsistence.” …Read More

How to Save Money for a Rainy Day

By Lauralynn Schueckler Saving money for a rainy day may seem impossible at times. Everything around us seems to be increasing in price, yet pay remains stagnant. Everyone should attempt to put away money for an emergency, even if it is only a little at a time. Some easy ways to save money for a rainy day that will not require major changes to your budget include: • Throwing all …Read More

Why You Need Two Savings Accounts

By: Matt Bell You probably have a checking account, but do you also have a savings account? I recommend that you use two savings accounts. The first savings account is your emergency fund.  It’s for all of life’s ifs—if you lose your job or incur significant medical or house repair expenses that you weren’t planning for in your budget and that are not covered by insurance.  I used to believe …Read More

Women and Personal Finances

By Jason Alderman By many measures, women’s lives have changed substantially in recent decades. According to a comprehensive government report called Women in America, although certain social and economic situations for women have improved, when it comes to personal finances, many women still face challenging hurdles. Key report findings include:  Women live longer than men, but are much more likely to experience critical health problems that hamper their ability to …Read More