Author: Justin Harelik Archive
Study Indicates that Boomers are Drowning in Credit Card Debt
Justin Harelik
June 23, 2014
A study conducted by Demos, a research organization based out of New York, found that Americans over 50 are the demographic most likely to struggle with credit card debt. It’s blowing stereotypes out of the water: irresponsible teenagers and young twenty-somethings wasting their days spending money they don’t have and ...
Read More →
Do You Feel “Stressed Out” by Your Finances?
Justin Harelik
June 11, 2014
Are your finances leaving you frazzled, exhausted and just plan stressed out? It’s time to get control and stop letting your finances control you. Your health could depend on it. It’s no secret that finances are a major stressor for a lot of people. One of the most popular ...
Read More →
Marriage and Bankruptcies Don’t Mix Well: Share Your Financial Information Before Your Wedding
Justin Harelik
June 9, 2014
Some might say that they never knew their loved one better than on the day they shared their vows. I beg to differ. I think many knew their loved ones the most on the day they shared their financial histories. My advice? Do the financial sharing prior to the sharing ...
Read More →
Bankruptcy and Your Financial Future
Justin Harelik
June 6, 2014
Bankruptcy is difficult. Most people filing for bankruptcy have already been fighting financial issues for at least a few years. And experts know that fighting that kind of battle has an effect on people. Constantly fighting a financial battle can create a sense of hopelessness that some experts have described ...
Read More →
The Side Effects of Declaring Bankruptcy
Justin Harelik
June 4, 2014
Sometimes it feels like everyone, their brother, their third cousin and their stepmom’s boyfriend’s dog are checking out your credit report. On those days, bankruptcy can become a very touchy subject and may even touch parts of your life that never suspected it would come near. You could call it ...
Read More →
Your First New Credit Card After Bankruptcy
Justin Harelik
June 2, 2014
Anyone without a credit card should first establish good financial habits and then apply for a secured credit card. For those attempting to re-establish good credit post-bankruptcy, you should plan on doing so approximately 6 months after you receive your discharge. With a secured credit card, the cardholder puts ...
Read More →
Improving Your Financial Health May Relieve the Stress that is Keeping You Up at Night
Justin Harelik
May 30, 2014
May is “Better Sleep Month.” If you have trouble sleeping you might want to take a quick look at your finances and consider taking steps towards improving your financial health. If they aren’t in order, you might want to take an in depth look if you’d like to get some ...
Read More →
Advice for Recent Graduates Who Want to Avoid Bankruptcy
Justin Harelik
May 27, 2014
When it comes to pointing at a certain group and accusing them of financial illiteracy, most experts would agree recent college graduates and young adults in general are the guiltiest party. Some are unfamiliar with credit, investing, and even behavior skills for the workforce. In countless ceremonies, graduates receive advice ...
Read More →
So You Filed for Bankruptcy: Keep it Positive
Justin Harelik
May 23, 2014
So you just filed for bankruptcy. It happens. Sometimes it’s unavoidable. Sometimes, looking back, it seems as if it could have been avoided, but that’s a tricky thing because you can’t avoid something that’s already happened. So you’re right back to where we started. You filed for bankruptcy. It happened. ...
Read More →
The Elephant in the Room: Re-establishing Good Credit After Bankruptcy
Justin Harelik
May 21, 2014
There’s no use ignoring the elephant in the room. At some point in your life, you’re going to want to have access to some form of credit, but you’ve just declared bankruptcy. It’s a double-edged sword of moving on after bankruptcy. The mismanagement of credit is often a part of ...
Read More →