Prevent Avoidable Debt with These Recommended Apps
Posted on March 29th, 2013
There is a lot of talk these days about cost-conscious budgeting to prevent avoidable debt. In fact, we’ve shared many handy tips and tricks on this blog to prevent over-spending and to help you feel more in control of your household’s money management. Nowadays though, there is an abundance of programs and phone apps to [...]
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Forgiven Debt is Taxable Income
Posted on March 21st, 2013
Surprising news for many American consumers out there: Forgiven debt is taxable income! When you’re buried in debt, the one saving grace is often creditor settlement. Creditors are often willing to negotiate a significant discount on a debt when they know that a consumer is unable to pay in full. The rationale is that they [...]
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