Moving Beyond the Holiday Hangover
Guest Post by Christian Gordun
The holiday hangover is not over yet – most of us still have a stack of holiday shopping bills piled up on our coffee tables or desks to deal with. In a recent post, we addressed one way people can rebound from the holidays and start anew this year, but just [...]
Cure for a Credit Hangover
Guest Post by Paula Drum
Often, the cheer of the holiday season can be all consuming and shoppers forget that unlike Santa, their budgets are real. The exhilarating high of making a memorable December is quickly forgotten when the next year’s financial hangover settles into our banking accounts.
So what can you do to rebound from the [...]
The Best Recovery for a Financial Hangover – Part 3 of 4
Tackling the Little Things
Getting debt under control and improving savings habits are two big steps to a better financial life, but those actions only are possible if Americans have more specific aspects of their financial lives under control.
While the economy recovers, job stability remains a vast and very valid concern. Without income, saving stops and [...]
The Best Recovery for a Financial Hangover – Part 2 of 4
Changing the Way We Save
Although pre-recession Americans spent or consumed much of what they earned, the recession did provide a teachable moment.
In the 1980’s, Americans averaged saving 10 percent to 11 percent of their disposable income. By 2007 the Federal Bureau of Economic Analysis reported that figure dropped to a low of 1.7 percent. [...]
The Best Recovery for a Financial Hangover – Part 1 of 4
The Best Recovery for a Financial Hangover
Resolutions Can Provide Rebound in 2010
For most Americans, the New Year is a time for resolutions. Resolving to become a better person is admirable. But as we emerge from the recession, from which some of us are still reeling, it's time for changes in financial habits that are permanent [...]
