Blog Archives

Managing Debt as an Active Service Member in the Military

Posted on March 8, 2018 by Elaina Johannessen — No Comments ↓

Members of the military face unique situations and challenges that civilians do not. For example, active service members face the possibility of deployment and sometimes continuous relocation. A 2014 National Foundation for Credit Counseling (NFCC) survey indicated 77% of service members…

Tagged with: active duty, Budgeting, budgets, Debt, deferment, Emergency Fund, forbearance, having debt in the military, lss financial counseling, military, Pay Off Debt, reduce spending, save money, security clearance, service member, spending cuts, student loans
Posted in Debt, Debt Management Plan, Military

What Will My Holiday Charges Actually Cost Me?

Posted on January 4, 2018 by Elaina Johannessen — No Comments ↓

Buy now, pay later. While it sounds like a great idea at the time, the consequences aren’t so great. You end up paying much more than the original purchase price and depending on how much you charged on your credit…

Tagged with: APR, Credit Card, Credit Card Debt, Credit Counseling, creditors, crisis budgeting, cut costs, debt repayment options, financial fitness, financial goals, financial stress, interest, LSS, lss financial counseling, nonprofit, pay off debt faster, power pay method, Savings
Posted in Credit, Debt, Debt Management Plan, Financial Counseling

Here’s the Cure for Your Holiday Shopping Hangover

Posted on December 26, 2017 by Elaina Johannessen — No Comments ↓

Christmas was yesterday so you may be wondering: why do I need to think about this right now? It’s because debt is more urgent than you may realize. If you used credit cards for Christmas presents or other holiday expenses…

Tagged with: budget, Budgeting, charging, Christmas 2017, christmas shopping, credit cards, Debt, financial stability, Holiday, holidays, interest rate, LSS, lss financial, save money, Savings, scrooge-o-meter, stop charging
Posted in Debt, Debt Management Plan, Financial Counseling, Holiday Shopping, Overspending, Shopping

The Differences Between the DMP and Debt Settlement

Posted on December 15, 2017 by Elaina Johannessen — No Comments ↓

The time of year doesn’t matter…”debt relief” ads are seemingly everywhere you turn. That’s why it’s important to know all the facts before making a major decision on how you choose to repay your debt. So this Flashback Friday post…

Tagged with: Credit, debt consolidation, Debt Management Plan, debt repayment options, debt settlement, debt settlement companies, DMP, financial fitness, lss financial
Posted in Debt, Debt Management Plan

What to Do About Those Black Friday Charges

Posted on December 1, 2017 by Elaina Johannessen — No Comments ↓

This Friday we’re flashing back to a post from last year talking about how to deal with credit card charges from Black Friday (or any other day really). So what next? If you got some amazing Black Friday deals and…

Tagged with: charging, Christmas presents, christmas shopping, credit cards, Debt, debt consolidation, Debt Management Plan, DMP, gifts, Holiday Shopping, interest, lss financial, Pay Off Debt, presents
Posted in Debt, Debt Management Plan, Financial Counseling, Holiday Shopping