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.

Top articles to read about Debt & Credit

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...

Your Budgeting Worksheet

With this easy to use DIY budget worksheet you can start tracking your earnings and your spending, be mindful about your money and make better decisions that will lead to financial stability. Start gaining control by routinely checking back on just that one spreadsheet…and the best part is that your privacy is protected since the budgeting spreadsheet resides in your drive, so you don’t have to share any information with anyone.

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...

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...

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,...

Webinars on Debt Management
Strategies for Controlling Your Cash Flow

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...

Financial wellness amid COVID-19

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...