Budget is not a dirty word,” says Howard Dvorkin, founder of Consolidated Credit Counseling Services and author of Credit Hell: How to Dig Out of Debt
Fort Lauderdale, FL (PRWEB) March 31, 2011
April is National Financial Literacy Month and Consolidated Credit Counseling Services encourages consumers to spring clean their personal finances. It's time to honestly evaluate your financial situation and the experts at Consolidated Credit, a national credit counseling agency that has been helping Americans for more than 17 years revamp their personal finances and pay off debt, offers timely tips to help you breathe new life into your family's financial future.
“Take a look at what your spending money on. ‘Budget’ is not a dirty word,” says Howard Dvorkin, founder of Consolidated Credit Counseling Services and author of Credit Hell: How to Dig Out of Debt (Wiley & Sons 2010 revised). “When you think of budgeting, picture yourself paying cash for a vacation, helping your kids through college, and enjoying a nice retirement,” Dvorkin continued.
Financial Spring Cleaning Tips:
- Clear out the clutter and organize your personal finances. Organizing your personal and financial records is much easier when the clutter is gone. Put all your receipts together, print out your banking and credit card statements, and use them to assess your financial situation.
- Perform a credit report checkup. A good credit report is a valuable asset. Get your free credit reports every 12 months from each of the three national consumer credit reporting companies. Order the reports from the three major credit bureaus (Equifax, Experian and TransUnion) by visiting AnnualCreditReport.com or calling 1-877-322-8228. (Note: This is the only place where you can get free credit reports once a year. Many of the “free” credit reports advertised by other sources aren’t really free!) Check your reports carefully for accuracy and report any mistakes.
- Reviewing your credit reports also is a great way to get a snapshot of your financial obligations. If you find mistakes in your report, contact the credit-reporting agency immediately. Rather than dispute the mistake via an online form, send a letter that includes your complete name and address, a description of each item you dispute, an explanation of why you dispute it and a request for deletion or correction of the information.
- Wipe out debt. Start by focusing on debts with the highest interest rate first and once that account is paid off, apply that amount to the debt with the next highest interest rate. If you would like professional advice on how best to pay down your debt, call 1-800-728-3632 for a free confidential consultation or visit our web site http://www.ConsolidatedCredit.org for a free Budget Analysis.
Although financial literacy is only spotlighted in the month of April, allow April to begin a financial lifestyle change for how you manage your money. Take the initiative this National Financial Literacy Month to not only take control of your personal finances, but spread knowledge and talk with your kids and family about money management skills, how to save and budget. For more information about trimming your expenses, developing a spending plan, and repaying debts visit http://www.ConsoldiatedCredit.org.
About Consolidated Credit Counseling Services, Inc:
Consolidated Credit Counseling Services, founded in 1993, is one of the nation's largest credit counseling organization. Consolidated Credit’s mission is to assist families throughout the United States in ending financial crisis, and solving money management problems through education and professional counseling. As a nationally recognized organization, Consolidated Credit has helped millions households annually with their personal finances. For free and affordable confidential advice call 1-800-728-3632 or visit http://www.ConsolidatedCredit.org.
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