In this week’s Wednesday episode (April 15, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby clarified what actions non-filers and Social Security recipients need to take to receive their Economic Stimulus Payments and further explained how the SBA Economic Disaster Loan grant portion is being calculated. She also made an important point about [...]
It is estimated that over 100 million consumers were carrying some form of credit card debt when COVID-19 became a worldwide pandemic. Approximately 60% of credit card holders carry debt month-to-month. But with unemployment numbers soaring, getting out of credit card debt may become increasingly difficult. Banks are beginning to become nervous and are tightening their [...]
For most people, a home is both the biggest investment they will ever make, as well as the greatest debt they will ever incur when factoring in a mortgage. True financial freedom often requires paying off this mortgage, but that often takes 15-30 years (or longer). For some, it is possible to pay [...]
All of us have made bad decisions in our life at some point, and we will likely make some more in the future. While it's always a good idea to avoid these scenarios whenever possible, this is especially true when it comes to money. Here are five money mistakes that are relatively common: [...]
Before embarking on any debt reduction plan, be sure to save up $1000 as an emergency fund. Once this first step is behind you, it's time to take a look at your debt repayment plan. One of the most effective way of paying down debt is a method known as the debt snowball. [...]
