5 Things To Do When You Are Behind On Your Bills

It happens to most of us, you take a vacation when you really couldn't afford it, your car breaks down and needs a lot of expensive work done, you lose hours or your job altogether and bills suffer for it. Life happens. You can either mope and get down or you can hustle, figure it out, and take care of it. Make a plan and prioritize- Make a list of all bills, past due and current. Grab all your bills, a pad, and a calculator and lay them out in front of you. Decide what takes priority, obviously, food and shelter are going to be right at the top. Then you can order them by their due date. Call creditors and work out a payment plan- If you are not chronically late, and often even if you are, most creditors are more than willing to work with you. They just want to get paid and a lot understand that things happen so they will work out a plan with you that benefits you both but if you don't call and try you won't know. Once when I was in a bind I was behind on my car payments, I … [Read more...]

12 Ways To Save $100 Per Month



    The new year is quickly approaching, and with it might come high hopes of saving more money and slashing your bills and budget. If you want to make smarter money moves in the new year, there are simple tasks you can implement each month to do just that. Take a look below at 12 ways to save $100 per month in the new year so you can start setting more cash aside. Here is what you need to know to get started! January: Call and see if your utility carriers can offer you lower rates. If you are a loyal customer, they may be willing to do that in order to keep you. Call your cell, internet, cable, and even electric and water carrier to see if they have any special rates or discounts they can offer. If you knock just 5 utility bills back $20, you have saved $100 per month. February:
 Check your home to make sure it is efficient. Seal window cracks and doorway cracks/drafts. Take shorter showers and use the washing machine only when full. Use energy efficient … [Read more...]

Is Your Teen Ready For A Debit Card?

    One of the hardest jobs in the world is being a parent. You want to raise your kids to be healthy, responsible, productive, independent and happy adults. In a world where everyone is looking out for themselves, it is important to teach your kids integrity and independent thinking that isn't easily swayed by peer pressure.      When it comes to giving your teen responsibilities, there are some key factors that can help you know when they are ready. Here are some things to help you know if your teen is ready for a debit card. #1. Are they working for their own money? If your teen is in high school and able to work a job, they may be ready for a debit card. When a teen works for their own money, it helps them to know the value of a dollar. The problem with a debit card is that it makes it really easy to spend money. The other problem is you have to keep a close watch on your account balance, so you don't go below your balance. #2. Are they … [Read more...]

8 Things You Will Need To Help You Get Out Of Debt

    Getting out of debt is a big deal. It takes time and energy to get out of debt. The good news, it is possible. When you sit down to think about how you will get out of debt, you’re probably wondering what tools you will need. I wanted to outline at least 8 things you will need to help you get out of debt. #1. A Plan The most important thing you will need when you are trying to get out of debt is a plan. Don’t ever try to attempt to get out of debt without a plan of some sort. #2. Extra Money Another thing you will need when you get out of debt is extra money. Most people have a budget that is already tapped, which is why trying to make extra money is important. #3. Lots of Patience It’s always easy to wish for something, but it is much harder to get out there and work for something that you want. When trying to get out of debt, you will need lots of patience. #4. Communication Whether it is communication with your spouse or with the debt you’re … [Read more...]

Becoming Debt-Free After Having Children

    Are you done having children? Maybe it’s time to focus on serious matters like getting out of debt. There’s good news, it is possible to get out of debt with a little bit of determination. Here are some tips to make this a reality. Only Use Cash     It’s pretty simple to use a debit card and swipe swipe swipe. However, when you only use cash, it’s gone when you run out and there’s nothing you can do about it. Using only cash can help you get out of debt because you’re not going to continue to use a credit card. Prepare for Emergencies     One of the biggest issues facing people who are debt is that they are not prepared for emergencies. When an emergency happens, it’s easy to put it on a credit card and then debt adds up really quickly. You can start preparing for financial emergencies by having an emergency fund set up. Even if it’s only $500, that’s something you won’t need to put on a credit card. Sell Your Stuff     Although you may not want to, selling your items is one … [Read more...]

Modeling Maintaining Good Credit For Your Children! #WellsFargo @WellsFargo #Sponsored

*This post is brought to you by a compensated campaign in collaboration with Latina Bloggers Connect and Wells Fargo. All thoughts and content are my own.     When I was growing up, I was taught from an early age the importance of saving money and being financially independent.  In my grandmother's house, I was encouraged to put a portion of my allowance away in my savings account every week.  As a matter of fact, I can still remember when we took the trip to the bank to open the account and my grandmother kept reminding me that this was going to be where my money would be held for safekeeping from then on.     After my parents sent for me to come to the United States from Spain once they got settled in, my father continued my financial education right where my grandmother had left off.  He always had a glass jar on top of his dresser and he would empty all of the change in his pockets into that jar every morning when he got home from working nights.  There were many times when … [Read more...]

Feather The Nest And Achieve The Goals You Always Wanted! @Feather_Nesters #Ad

*This is a sponsored post with Feather the Nest, however, as always my posts are based on my opinions and experiences.       I can still remember the excitement of leaving the realtors office where we closed on our house in 2004.  It was the first time that we truly understood what it meant to own a home of our very own and to live the American Dream.  Unfortunately, being a homeowner is wonderful but it is very expensive and purchasing your first home is a huge financial responsibility.     It would have been wonderful to be able to have some financial support from friends and family to help ease this financial responsibility.  Feather the Nest is a new company in New York and Miami that allows members to make profiles on their site to raise funds for their first real estate investments.  It's a great way for recent college grads looking to move out on their own or purchase their first home to get a little help.     The way it works is that Feather the Nest requires new … [Read more...]

Make That Financial Dream Into A Reality For Your Family! #HispanicDream @massmutual #Ad

*I wrote this post as part of my participation in a blog tour for Latina Mom Bloggers on behalf of MassMutual and received compensation to thank me for taking the time to participate. However, all opinions expressed are my own.     Ten years ago, we bought our first home and it was a huge accomplishment for us.  We felt like we finally had our hands around the American dream and that we were finally on our way to obtaining some financial stability.  Unfortunately, buying a house is a huge expense and every time you turn around, there is something new to be fixed or paid for.     Fast forward to today and we have continued to pay down our debt and work towards becoming debt-free but, I have to be honest, my husband and I worry about how quickly we will be able to do that because of the current state of the economy.  It has become harder than ever to save money and to be able make lucrative investments.     Most Latinos have dreams about securing their financial futures but they … [Read more...]

Arm Yourself Against ID Theft With A Fellowes Shredder! #IDSafetySeason @FellowesInc #Ad

*I participated in a campaign on behalf of Fellowes Inc. I received a promotional item to facilitate this review and as a thank you item for participating.  All opinions are my own.       Most of you who are regular readers of this blog know that I was recently the victim of identity theft.  Fortunately, I found out about it because many people continue to be victimized for years without ever knowing that it was even taking place.  Having the opportunity to review a state-of-the-art P-12C Fellowes paper shredder couldn't have come at a more opportune time for me with this unfortunate recent turn of events...     We receive a lot of mail and junk mail here at our home and I always spend hours ripping it all up meticulously so that predators will not be able to access our personal information.  These criminals have been known to sift through people's garbage just to read through discarded documents and mail in order to steal their identities.  Due to this recent experience of … [Read more...]

Are You Raising Materialistic Kids?

         This evening I spent at least four hours cleaning out my sons' closets and weeding out any clothes that do not fit them anymore.  By the time I was done, I had three large garbage bags full of clothes that they have outgrown and their closets and dresser drawers are still full of new clothes and old clothes that are the right size. It really got me to thinking that perhaps it is time to cut down on buying clothes for them because it just seems like they have too much of everything.      My husband and I take full responsibility for overindulging both of my sons with material things.  It's not that we are very materialistic ourselves or that we value material possessions over abstract things like character or integrity.  Our children are very well mannered and we spend a lot of time talking to them about being humble and appreciating everything that they have.  They don't spend time talking about all the things they have and they get excellent grades in school to … [Read more...]