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Planning Your Vacation on a Budget

March 4, 2025

Being in debt does not mean that you should never take a vacation. Making budget-friendly choices can give you the break you need without sinking further into debt.

Taking a vacation has been proven to benefit the mind and body. But when debt is pulling you underwater, spending even more to climb on a pool float sounds foolish. Shouldn’t you stick with the grind and work your way out?

According to experienced debt help experts, the answer is no – with a few considerations. When you have to take on or add to existing debt for a vacation, your planning should factor in your current financial situation, a specific budget for your vacation and ways to save money on vacation.

Managing Your Debt as New Trump Policies Play Out

February 4, 2025

As we enter a second Trump Administration, predictions about the economy are as divided as were opinions of the candidates during the election. We keep hearing speculation about trade tariffs, tax cuts, the federal deficit, immigration and the future of Social Security and healthcare.

Will the United States see economic growth, or will new policies create more financial challenges for struggling Americans?

Four Financial Milestones for Gen Z

January 9, 2025

Growing up is a journey filled with milestones. From elementary school graduation to learning passions, starting a first job and, eventually, building a secure financial future.

As children transition into adults, they need financial tools and strong money management skills to thrive. So far, our nation has struggled to teach and embrace good financial literacy.

In this article, our non-profit credit counselors talk about Gen Z finances and how to help prepare your teens and young adults for financial success.

7 Steps to Build Back After Personal Bankruptcy

December 10, 2024

Declaring bankruptcy is hard. Few people care to admit they have exhausted their financial options and cannot repay their debts. While personal bankruptcy provides debt relief, managing your finances and rebuilding your credit afterward requires hard work.

In this article, FCAA member financial experts share seven ways to rebuild after bankruptcy.

Consider the consequences before declaring bankruptcy

If you are considering bankruptcy, the FCAA encourages you to exhaust all other options first. Bankruptcy is personally and financially challenging, and it should truly be a last resort.

Credit Counseling for Veterans and Active Military

November 11, 2024

As we celebrate Veterans Day this month, the Financial Counseling Association of America (FCAA) recognizes the commitment and sacrifices of our veterans and military service members. Not only do they dedicate their lives to protecting our nation, but they also experience unique financial challenges as a result of their service. Thankfully, credit counseling agencies can be a financial lifeline to veterans, active military personnel and their families.

From frequent relocations and deployments to adjusting to civilian life and healthcare challenges, service members face very different financial strains than the average American. This makes finding military-minded, trustworthy financial advice important.

Credit Counseling Isn’t Just for People in Financial Trouble

October 6, 2024

Non-profit credit counselors help people review their financial situation and find ways to build a successful financial future.

Feeling financially stuck is common. Millions of Americans live paycheck to paycheck, making their monthly payments, but their balances either go up or don’t budge. Others gradually chip away at their balances but wish they knew how to pay off their debts faster. Consumer credit counseling can help.

Consumer credit counseling services are recommended for people in serious financial trouble. But, they are also a valuable resource for people who need affordable, unbiased financial advice.