Find Financial Freedom by Paying Off Credit Card Debt

As the outlook for the economy becomes brighter, consumers are becoming more confident in their financial situation and less cautious with their spending. This changed perspective can lead to reckless consumer spending, and consequently more credit card debt. While spending more than you make is usually unsustainable, sustainability depends on your income, expenses and other personal circumstances. A recent article on[...]

Equifax Recommends Against Using Retirement Savings to Pay Down Debt

Many Atlantans who are saving for retirement but have credit card debt may consider using those retirement savings to pay off the high-interest debt. According to data from the Federal Reserve, the average American household has $15,480 worth of debt, while more than 77 million Americans have debt in collections. With such a staggering amount of people in debt, it’s no[...]

Majority of College Graduates Can Afford Homeownership

According to a recent report from RealtyTrac®, the nation’s leading source for comprehensive housing data, 96 percent of the housing markets in the United States are still affordable for recent college graduates with student loan debt. However, it was also noted in the study that college graduates with loan debt will need a 34 percent higher income to purchase a[...]