Category Archives: budgeting

I Spent Too Much on Christmas Gifts…Now What?

I have previously posted tips on how to avoid a Christmas debt hangover.  Maybe you didn’t get the memo, but that’s okay.  Pull up a chair and we’ll roll up our sleeves to see what we can do. The first thing to do is not to panic.  December is traditionally a slow time for bankruptcy…

“Why am I Being Punished for Being a Responsible Earner, Saver, Spender and Investor?

I recently posted a request on my Facebook page and my Twitter page soliciting blog ideas and I posed the following question:  “So if you could ask a bankruptcy attorney any question, what would it be?”  The title for this blog entry is an actual question I received from a Facebook friend. While the question…

Budgeting: The Principle of Half

  As a bankruptcy paralegal, I often find myself looking for ways to save money.  I’ve recently started using less of some o f my household products and you know…it works!  If someone gave you a coupon for ½ off laundry detergent would you accept it?  If you could buy your favorite brand of paper…

Coupons: Don’t Leave Home Without Them

Never leave home with your coupons!  I recently started watching the show Extreme Couponing on The Learning Channel.  The show follows people who obsessively clip coupons that save as much as 95% or more on their grocery bills.  Some of these extreme couponers are very obsessive about collecting and using coupons.  While I don’t think…

Banks to Avoid When Filing Bankruptcy

Debtors who have decided to file for bankruptcy should plan ahead to be ready for the short term consequences that might result. For some debtors, pre-bankruptcy planning may include closing bank accounts and moving their money to a different financial institution. Reasons to switch to a different bank or credit union include: Avoiding having your…

10 Ways To Better Use Your Money Than Credit Card Payments

Although the title of this blog article is really tongue-in-cheek, have you every really considered how your life could change if you didn’t have the struggle of making your minimum credit card payments? As a bankruptcy paralegal, I’d have to say that at least 9 out of every 10 people I meet with have budgets…

Envelopes: The Low-Tech tool that Helped Our Grandparents Get Through Tough Economic Times

I think my grandparents had some good ideas when they went through tough financial times and one of them was the envelope budget system.  There’s something about handling actual cash that makes you, well, it makes you want to keep holding on to it.  When times were tough, grandpa would cash his paycheck in smaller…

Bankruptcy, Budgeting and Dieting – More Alike Than You Thought

At first glance, these 3 words would not seem to have much in common.  However, a closer look shows more of a connection than you might think. “If I could just be at the weight I want, I would be careful and never gain weight again. I just want a fresh start.” The truth is, money and weight…