A great option is to use a cash windfall to pay down – or even completely pay off – your credit card debt.
Bayside, NY (PRWEB) March 29, 2012
Personal Finance expert Walter Edelstein, CFP® is providing updated financial information and advice on several important topics including credit card advice on how consumers should use a cash windfall to pay off their credit card balances and retirement advice on how consumers need to re-think retirement in these difficult financial times. TheAdvice.com Personal Financial Site Network continues to provide consumers with free information and easy to implement practical ideas to help them achieve their personal financial goals. Following is a summary of some of the new articles published on TheAdvice.com Personal Finance Site Network.
Advice on Using a Windfall to Pay Off Credit Card Debt
Not all unexpected financial developments are bad things. For example, consumers may find themselves the recipient of a cash windfall. A windfall can come from a number of different sources, including larger than expected tax refunds, inheritances or even winning a contest or sweepstakes.
Since a windfall is not money that was planned on being received, the amount won’t already have a place within a budget. Consumers have many options on what to do with that money. They could spend it all on indulgences, of course, but there are more productive uses for those funds. According to Mr. Edelstein "a great option is to use a cash windfall to pay down – or even completely pay off – your credit card debt." This article provides consumers with specific suggestions on what to do with a cash windfall.
Advice on Rethinking Retirement in Difficult Financial Times
In difficult financial times, individuals are often forced to reevaluate and rethink many of the plans they’ve made for themselves. Vacations and major purchases can be delayed, downsized or perhaps even eliminated altogether.
Another thing that can require rethinking in a difficult financial environment is retirement. Because retirement is such a significant decision (both in terms of the purely financial aspects as well as the emotional component), some people are reluctant to re-examine retirement plans that they may have had in place for a number of years. But a significant change in one’s financial situation, or in the overall economy as a whole, can make it necessary to rethink retirement. This article provides consumers with things that need to be considered when thinking about retirement.
About TheAdvice.com Personal Finance Site Network
TheAdvice.com Personal Financial Site Network was launched in 2009, and since then has provided hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:
Banking Advice – where consumer can learn how to save money, establish budgets, choose the right checking account, and start banking online.
Insurance Advice – where consumers can find answers to many insurance questions including how to secure the right coverage for all home, health, life and automobile insurance needs.
Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.