Most People Do It and Most People Shouldn’t – You Have Savings and Still Have Credit Card Debt

by Lori Atwood | Jul 23, 2014 | Financial Fitness, Saving: Retirement & Other

I’ve done it. Now, I know better. If you have liquid savings, except under very specific circumstances, you should not carry balances on your credit cards. Here’s what the matter is with this very common scenario: you’re losing money. Let’s say you have $15,000...

5 Signs You Are Spending MORE than You Earn Each Month

by Lori Atwood | Jan 8, 2014 | Financial Fitness

Happy New Year everyone! You’ve probably started the year with a few resolutions. The number one resolution I ask people to sign up to is spending LESS than they EARN each month. Sounds easy, but sometimes it’s not when you really take a look at the...

5 Things You Should NOT Do with Your Credit Card (including one I’ve done in the past)

by Lori Atwood | Nov 14, 2013 | Financial Fitness

1. Don’t make your credit card company “twitchy” –  Consistency is the name of the game. Don’t make any sudden moves like charging a new car to get the miles or suddenly opening a bunch of new credit lines (car, consumer, and mortgage). Your credit card company...

Difference between Debt & Expenses: When You Feel Out of Control about Your Finances

by Lori Atwood | Nov 5, 2013 | Financial Fitness

Do you understand the difference between debt and expenses? I know you’re thinking, “duh… of course I know the difference between debt and expenses, debt is stuff like student loans, mortgage, revolving credit card debt. It’s a total number,...