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There are a number of reasons why consumers fall into debt. For some, it’s simply a lack of budgeting and spending more than they can afford. For others, it’s primarily due to unexpected circumstances such as a job loss or serious illness. Regardless of the cause, there are positive steps you can take to eliminate debt, grow your savings and build wealth.
On today’s episode of Your Money, Your Matters, we’ll share simple strategies for creating a family budget, and perhaps more importantly, how to stick to a budget. We’ll address the responsible use of credit; how to develop better savings habits, and how to deal with those unexpected emergencies that are bound to pop up.
Broadcasting every Tuesday from 11 a.m. to noon CDT, Your Money, Your Matters features radio personalities Linda Webb-Manon and Rick Grady, Cornerstone Credit Union League; Courtney Moran, Cornerstone Credit Union Foundation, and Todd Mark, Consumer Credit Counseling Services. Each month, the four will discuss financial issues of most importance to consumers.