To celebrate Women’s History Month, let’s explore some common myths when it comes to women and money.
Questions or comments? We’d love to hear from you.
Consumer bankruptcy filings ticked up in February, but so far the rise has slowed from 2010.
The number of personal bankruptcy filings rose 11% to 102,686 in February compared to a month earlier, the American Bankruptcy Institute and the National Bankruptcy Research Center reported recently.
“Though consumers are striving to reduce their debt burden, high unemployment and a still-poor housing sector continue to fuel new bankruptcies,” Samuel J. Gerdano, the American Bankruptcy Institute’s executive director.
Compared to the same time a year ago, however, personal bankruptcies fell 8%. While it’s still early, data for the first couple months of the year could indicate that consumers won’t have a repeat performance of the surge in filings in 2010. More than 1.6 million consumer bankruptcy filings were reported last year — the highest level in five years.
A more tempered pace of filings is partly from consumers saving more and paying down their debts. It’s also because less credit has been available, which makes it harder for Americans to incur new debts.
What’s it going to cost to gas up the car this year? How about health insurance? And are college costs going up? Let’s find out…
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Whether it’s saving more, spending less or paying down debt, it starts in one place…
Have any special ways you use to “set a budget” that you’d like to share? We’d love to hear about it. Use the “comment” link below to sound off.
If one of your resolutions this year was to save more, you’re in the right place.
Any other ideas for “Saving Money” this year? Tell us about yours.. use the comment link below to tell us your plan.