Debt Management
What is debt? Debt is carrying over a balance on a credit card from one month to the next. Also, a car loan and a mortgage are considered debt. When you pay less than the minimum payment and miss a payment, penalties usually occur, and this can lead to mounting debt consequences. When debt gets beyond your control, setting a debt management payment plan will help get you back on track.
Financial planning and budgeting are critical steps in planning your debt management strategy.
Savvy Ladies webinars, blog articles, and 1:1 Mentoring can help get you started understanding your debt and what strategies are right for you.
After College: Strategies for Your College Finance Plan
By: Tom Melecki We’ve discussed why students and their families need College Finance Plans (CFPs) and summarized strategies to use in your CFP’s “Before College” and “During College” phases. Let’s review some “After College” strategies. Almost 70% of college graduates...
5 Financial Decisions to Make When COVID-19 Is Over
By: Catherine Burke You do not know what lies in the future for you, and nobody knows the after-effect of the corona pandemic will last for how much time. Your office may offer you a salary-cut, hour-cut from office duty, and God forbid you may face a job loss too.If...
Credit Card Finance Charge Calculator
Here’s how to get started taking control of your credit cards during the coronavirus. Put a list together of all your credit cards that have a balance due Document the balance of each card and its Annual Percentage Rate (APR) (the % of the interest you are charged for...
Talk to your landlord now if you’ve lost your income as a result of COVID-19
By: Lisa ZeidermanAccording to CNBC approximately 10 million Americans filed for unemployment over the past two weeks. For renters, the CARES ACT and many states and cities have banned evictions during the COVID-19. New York, for example, has a 90 day eviction ban....
The Year of Living Uncomfortably
by Kristina LeonardiI recently read that “a person’s success in life can usually be measured by the amount of uncomfortable conversations he or she is willing to have.” Many people begin the year by starting a new exercise or other routine that can have them feeling...
Rebuilding Your Financial Future After Divorce
By: Michelle Buonincontri, CFP®, CDFAIf you are like most, your divorce ends with debt, and the last thing we are thinking about is retirement. I know, I've been there; nothing kills a retirement plan like a divorce. There are no student loans or government bailouts...
The Equifax Breach and What to do
Equifax, one of the three major consumer credit reporting agencies, recently revealed that hackers had gained access to company data that potentially compromised sensitive information for 143 million American consumers, including Social Security numbers, addresses,...
Is it a Good Idea to Close Credit Cards I don’t Use?
by Rebecca Eve Selkowe, J.D3 myths about your credit score:I never really talked much about credit scores before, but that is starting to change now as I’m realizing how much unnecessary worry, concern, and confusion swirls around them.So first things first. Your...
Should I be zeroing out my credit card every month?
by Rebecca Eve Selkowe, J.DThe best way to use your credit card is to pay the balance in full every month – that way, you don’t have credit card debt and you don’t pay interest. However, if you are using your credit card all the time, the balance will never be...
Strategies for Controlling Your Cash Flow
This session is for you if you: Are a owner of a small or mid sized business who not only wants to grow sales but more importantly keep more of what you make. Are using a PPP loan, EIDL loan or some other form of cash to currently fund your business and want to know...
Why It’s More Important Than Ever to Avoid Holiday Debt
We’re entering a holiday season like no other, and consumers are assessing how much they can afford to spend. With COVID cases trending upward across the nation and uncertainty continuing to prevail, going into debt as a result of holiday spending could be even more...
How to Build Credit While You’re Unemployed
While losing your job can certainly be detrimental to your finances, it does not make it impossible to build credit. Leslie will discuss strategies to continue – or start – building your credit, even while unemployed. In her early years, when missed student loan...
Managing Credit Cards Debt During COVID-19
As financial situations change during recent economic events, you may find yourself leaning heavily on your credit card to finance purchases big and small. Before relying on credit, learn more about managing your credit score, altering payment agreements, and the...
Financial wellness amid COVID-19
In this webinar, we’ll cover Reducing expenses Increasing income How to manage cash flow in this crisis About Rebecca: Rebecca Eve Selkowe is a NYC-based financial wellness expert and attorney, author of Dominate Your Debt: A Work & Play Book and creator of the...
My small business is struggling due to COVID-19, how can I get help?
In this webinar, we’ll explore what options your business has when struggling financially due to COVID-19. From commercial rent forbearance to dealing with business credit card payments and small business loan options, there’s likely financial help out there for your...
How the CARES Act Affects Your Small Business
Join us for this special conversation with Savvy Ladies Founder, Stacy Francis, CFP®, CDFA®, CES™. Stacy will discuss how the CARES Act affects your small business. You'll learn about the benefits, eligibility, and the application process. About Stacy: Stacy Francis...
How to Dig out of Debt: Top Tips from a Financial Attorney
In this webinar, we’ll explore what options you or someone you know have when struggling to pay off a high amount of debt. From student loans to credit cards and mortgages, when you’re struggling with debt, it’s easy to wind up feeling overwhelmed, stressed or just...
Stretch Your Check: Making the Most of Pre-Tax Money
Three ways you could be getting more out of your paycheck by making the most of pre-tax dollars. You can feel like you got a raise while earning the same amount of money!