Wages garnished are used to repay debts. Wage garnishment is a judgment by the court making it mandatory that a portion of your income be applied to your debt balance. More than 90% of people who are sued by creditors simply do nothing. Of course, this is probably the worst thing you can do when faced with a judgement. Often…
Let’s cut right to the chase; an alarming number of Americans are carrying debt into retirement, including student loan debt. According to the Federal Reserve, Americans over the age of 50 owed more than $260 billion in student loans in 2018. What’s the average debt of retired Americans today? The biggest threat to retiring Americans today may not be saving…
People have money left over at the end of each month?? It’s not at all unusual to have no money left over at the end of the month. By the time payday comes around, many of our accounts are in dire need of a replenish. Most of us live like this and it’s really concerning. More than income or investment…
