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US Household Debt Drops… But Not for Everyone

AP – U.S. household debt has dropped and more consumers are paying their bills on time, signaling some growing stability among consumers in a still shaky economy. A report released Wednesday by the Federal Reserve Bank of New York found that total household debt fell by $78 billion in the second quarter to $11.15 trillion, […]

How to Handle a Cut in Your Pay (part 2)

Continued from part 1 After talking with your spouse, sit down with your kids if they are old enough to understand, and let them know that your pay has been reduced and that everyone will have to make some sacrifices but we have each other and we will get through this. Now you need to […]

How to Handle a Cut in Your Pay (part 1)

So you have noticed that things are a bit slow around your work, it could be a warning sign that your company has fallen on tough times.  Well, you learn the good news, you still have a job.  However, before you can wipe the sweat from your brow, you learn the bad news… You pay […]

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