Financial Wellness Center Blog

In 2008, credit card delinquency rates in the United States hit a four-year high, according to Equifax, a credit card analysis firm. In times of economic softness, people are often tempted to use their credit cards to see them through. Here we go over some of the major advantages and drawbacks of credit cards and show you how to use yours wisely.

As it gets closer to the Holiday season, it is common to begin feeling financial pressure. We all know what it feels like to pull out the winter clothes, deciding if we really need to buy a new pair of mittens, while the looming hole in the index finger is getting bigger by the day. With all the holiday celebrations and the expenses that come with them, it’s easy to understand why so many of us are having trouble sleeping at night.

Black Friday can be a double edged sword- it can help consumers save money on holiday purchases. However, Black Friday can also cause consumers to blow their budgets, and buy items they cannot afford. Here are some tips for staying within your budget on Black Friday.

After the holidays, many of us feel stressed. We start to realize we have overspent and feel flustered once our bills start to roll in. We shouldn’t feel stressed out or hopeless! Here are some guidelines to help you recover from those expenses.

Investing can be a great way to provide future income and grow your savings. When you begin investing, you may run into common mantras like invest young, diversify, buy low sell high. But one thing you may not have considered are the fees associated with your investment account.

Getting car insurance for the first time can be intimidating. It’s easy to feel like a small fish in a big ocean swimming your way through jargon, rhetoric, options, expenses, rules, and on and on.

There are only so many Friday nights you can stay in to watch Netflix before getting restless. But with book prices, tuition and student fees draining funds from your wallet, it is difficult to find cheap and new ways to spend your free time.

I’ve been married for 4 1/2 years now and money was something that took us a long time to figure out. We have tried every budgeting technique under the sun and I can tell you what finally worked for us. I would love to help you fight less with your spouse or partner and really start making some financial progress towards your goals.

Have you ever heard the joke, “how much does a gallon of milk cost? $50 because that’s how much you spend when run in to just buy a gallon of milk!” It’s so true. The more times you shop during the week, more times you will be tempted by those impulse buys.

I will tell you from the beginning that I LOVE my credit card. Before I had a credit card, I used my debit card for everything. There are good and bad things about debit and credit cards. Only you know what will work the best for you but this is why I use credit over debit.