What is sales tax? Simply – a tax that is assessed based on a purchase. For example in Connecticut the sales tax is currently 6.35%. So if I purchase something for $10 then it will really cost me $10.64. Not such a huge deal but if you apply that same sales tax to a car.. [Read More]
How Credit Card Debt Happens – Derby Advisors Getting into debt is so easy. We don’t really plan to do it, it just happens. Perhaps the kids need new shoes, then clothes, then braces, and you know the house is gonna need a new furnace. There is always something that requires money – and never.. [Read More]
There have been a couple times in my life where I was drowning in credit card debt. The first time was a result of major medical issues and bills and adopting three special needs children with many needs. We were far younger than we are today and I don’t think the spending would have changed.. [Read More]
Once you hit a certain level of financial security, a lot of problems disappear. The days of scraping by are in the rear-view mirror and you will have more time to consider things that you never have before. Unfortunately, just as everything becomes a bit easier, you will also find new problems that you never.. [Read More]
In Canada, like in other countries, education after high school can be expensive and many students come out with a large amount of unwanted debt when they graduate. While scholarships, grants, and student loans are often the most common ways to off-set the financial burden of paying for post-secondary education, there are some alternative means.. [Read More]
Debt is that other four letter word – the one that most of us have to deal with or have had to deal with at some point. There are millions of ways to get into debt and to lose control of it. It is kind of like gaining weight – first it is one or.. [Read More]
Have you ever wondered how some people just seem to have money? I am not saying they make a lot of money – just that they seem to always have money regardless of how much they make or don’t make. This is amazing for me to see and I have spent a great deal.. [Read More]
Living on just one income isn’t an ideal option for most families today. The expenses of running a household, and looking after children is just getting more significant, and you can’t always get a bonus at work when you need it most. However, there are many good sides to living on a single income for.. [Read More]
So you have gotten over your head with debt – it happens and it can happen quickly and easily. All it takes is a batch of medical bills that have extensive out-of-pocket costs; a legal situation; lost or decreased employment; loss of a spouse etc… Those aren’t the only ways for expenses to spiral.. [Read More]
Do you have a difficult time saving money? We all want a pot of gold – we just want it to be there. In our minds it is a sizable nest egg and we sometimes just can’t come up with a plan that will actually get us there. It is alot like weight loss –.. [Read More]