As of March 2018, the U.S. national debt topped $21 trillion. Let that sink in for a minute. Comparably, the total household consumer debt in the U.S.A. was $13.5 trillion at the same time. The biggest ticket item comprising consumer debt in America? Mortgages. Next in line are credit cards. U.S. consumers have racked up […]
The CreditGUARD of America Blog
4 Reasons Why You Should Budget Your Money From The Experts
Financial advisers agree that everyone should have a budget, but more than two-thirds of Americans don’t. In the end, not taking the time to organize your expenses could have serious financial repercussions. But instead of looking at the negative aspects of not budgeting, here are a few positive attributes that explain why you should. Work […]
Personal Budgeting and Planning Resources
Budgeting Tips and Resources The most critical factor in managing your debt is knowing how to accurately budget. But, before you can establish a personal budget, you must first take a look at how you’re spending your money, both in the short term and the longer term. Tracking Your Spending To get an accurate financial […]
January Holiday Budgeting
Does this sound familiar? It’s January, and it’s cold. You’re already dreaming of summer vacation on the beach. Then, reality hits. The first credit card bill of the new year. Yeah, it was nice to give so many thoughtful gifts, but ultimately, it will take most of this year to pay off last year’s Christmas. […]
4 Critical Reasons Why You Should Have an Emergency Fund
If you’re like most people, you wonder just how necessary the existence of an emergency fund is. As it turns out, it’s vital. Taking time to save a portion of your income can be extremely beneficial during hard times. Financial advisers preach the importance of having an emergency fund for various reasons, but the following […]
How To Create A Budget
When it comes to taking control of your finances, budgeting is essential to success, but that doesn’t necessarily mean people enjoy it. For most people, budgeting is akin to going to the dentist, necessary but painful. But budgeting doesn’t have to be a tiring and consuming chore, and it can instead be a useful […]
4 Ways To Become A Frugal Guru: The Link Between Spending And Emotions
Why do we spend money? The answer might not be as simple as it seems. Obviously, we must acquire what is necessary to live our lives—food, water, shelter, clothing—but at some point, spending has the capacity to take on another role, an emotional role. When our emotions become involved, we spend money for many […]
Affordable DIY Projects To Add Value To Your Home
If you’re even a little bit DIY-minded, there are plenty of little projects you can do to add value to your home without breaking the bank. Before you get all gung ho about home improvements, it’s a good idea to get a home inspection. Sure, it’ll cost a little up front, but knowing what […]
9 Tips For Generating Extra Income: How A Side Job Can Help You Become Debt Free Faster
Whether you’re a people person, an animal lover or an introvert, there are plenty of side jobs you can do to generate extra income while you’re working toward becoming debt-free. Pet sitting Pet sitting and dog walking are great ways to make some extra money. If you work flexible hours or work from home, […]
Living With Intention: Overcoming Popular Money Myths
Everyone likes the idea of becoming financially free. So, why don’t more people achieve financial freedom? Let’s take a look at the picture of American consumer debt. According to 2016 data, the current outstanding revolving consumer debt in the United States is $952 billion. If you’re like many, you may be wondering how you […]
