Financial Fundamentals Blog

How Can You Manage Credit Card Debt When Inflation Is on the Rise?

  • 7 17 Staff
Many people are feeling the impacts of inflation. What once was a nice night out or a usual trip to the grocery store may now be a stressful experience because of rising prices, from eggs and frozen pizza to dinner at your usual restaurant.    The stress created by rising prices is combined with the stress of balancing...

Are We in a Recession? 5 Tips to Secure Your Finances

  • 7 17 Staff
Everyone has experienced inflation recently, whether it’s the rising price of food at the grocery store, an uptick in the cost of utilities, or higher premiums for other goods and services. Because of rising inflation rates, many are worried that the economy is headed toward a recession. 

Specialized Loans: Why a Smaller Loan Can Really Make a Big Difference

  • 7 17 Staff
Everyone is feeling their budgets becoming tighter as a result of rising inflation. From gas to eggs to clothes, prices are continuing to rise, making it harder to put aside money into savings or have funds for an emergency. 

Which Business Loan Is Right for You?

  • 7 17 Staff
Whether your business is already established or you’re just getting started, there are many reasons to consider applying for a business loan. However, if you’re considering a business loan, you might want to apply sooner rather than later to avoid interest rate hikes due to rising inflation.   Considering building or purchasing...

The Dangers of Impulse Spending: 5 Tips To Help You Save More Money

  • Francesca Sacco
  Americans make up to 156 impulsive purchases per year, according to one report — and that’s only the impulse buys they’re aware of.   Many retailers and other businesses are reliant on impulse purchases to push their sales and revenues even higher. This is why businesses and their advertisers are eager to leverage the feeling...

Myths Busted: 6 Misconceptions About Debt Consolidation

  • Francesca Sacco
  For consumers with existing debt that is too high for them to pay down, debt consolidation can become an attractive option for managing this debt and creating a path to becoming debt-free.   Before you start the debt consolidation process, though — or dismiss it as a poor option to address your specific debt challenges — it’s...

How Federal Interest Rate Decisions Affect Your Finances

  • Francesca Sacco
The Federal Reserve and its federal interest rate have made a lot of headlines in recent weeks and months as the agency moves forward with plans to institute multiple rate hikes in 2022.   While these interest rate decisions receive a lot of attention in the media and can even cause volatility in the stock market, many...

Expense Tracking Template: Use This To Track Your Monthly Budget

  • Francesca Sacco
  When it comes to managing your money and improving your awareness of your own spending habits, an expense tracking solution can be exactly the tool you need to take the next steps in improving your financial wellness.   Expense tracking often goes hand-in-hand with creating a personal budget because both processes are meant...

Common College Expenses to Budget for

  • Francesca Sacco
If you or a loved one is getting ready to head off to college in the near future, it’s the perfect time to start thinking about related expenses. While tuition is to be expected, there are quite a few other common expenses related to attending college that often go overlooked. Making an effort to plan ahead will put you in a...

Financial Action Plan for Lowering Your Credit Card Payments

  • Francesca Sacco
Faced with high credit card balances, costly interest charges and ever-increasing minimum payments? You’re not alone. According to one survey conducted in September 2021, 54% of Americans reported carrying a balance on their credit card — and if you’re not careful with this financial tool, it can quickly become a costly...

How To Use A HELOC To Consolidate Your Debt

  • Francesca Sacco
  When debt grows beyond your ability to pay it off in a matter of months — or, in some cases, years — it’s time to consider other options for paying off that debt, managing the amount of interest you’re charged and building a plan to settle this debt and get your finances back on track.   In most cases, making monthly payments...

Three tips to battle inflation

  • Francesca Sacco
Three tips to battle inflation