Top Tips for Managing Debt Presented by Marc Aarons   It won’t come as a surprise that 77% of American households have debt of some sort—especially as inflation hits a 40-year high and prices on just about everything skyrocket. When you couple that with the fact that three in five people report living paycheck-to-paycheck, it’s […]

Rising Interest Rates, Savings, and Debt Presented by Marc Aarons I’m reaching out today given the stark financial situation many Americans find themselves in, as they grapple with the Federal Reserve’s historic rate hike campaign and the compounding effects of just-recently cooling inflation.   If you are among those facing record-high credit card debt and […]

Should Retirement Funds Go Toward Current Needs   Presented by Marc Aarons   I hope you and yours are doing well. This past year has been financially trying for many individuals and families in the face of record inflation numbers and a looming recession (US Inflation Calculator). And with rising credit card debt that averaged […]

Why Don’t All Affluent People Become Wealthy? Perception, hesitation, & poor decisions are factors.    Provided by Marc Aarons                        Why do some people let their potential for lifetime wealth slip away? Some people are better off economically at 30 or 40 than they are at 50 or 60. In some cases, fate deals them […]

What you need to know. Provided by Marc Aarons With the Federal Reserve keeping interest rates at or near zero, you may wonder about your mortgage. Is it a good time to refinance or even pay off the debt entirely? After all, your mortgage is one of the biggest expenses you may have in life, […]

Why you should refrain from making this move.   Provided by Marc Aarons at Money Managers, Inc.   Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement planning.   A loan of this kind damages your retirement savings prospects. […]

Financial burdens could alter their retirement prospects. Provided by Marc Aarons @ Money Managers, Inc.   Imagine retiring with $50,000 of debt. Some new retirees owe more than that. Outstanding home loans, education debt, small business loans, and lingering credit card balances threaten to compromise their retirement plans. How serious is the problem? A study […]

What pre-retirees owe could compromise their future quality of life. Provided by Marc Aarons @ Money Managers, Inc.   The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible point for that list: pay off […]

Steps to get your credit rating back toward 720.   We all know the value of a good credit score. We all try to maintain one. Sometimes, though, life throws us a financial curve and that score declines. What steps can we take to repair it? Reduce your credit utilization ratio (CUR). CUR is credit […]