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4 Ways to Spend Your Tax Refund Wisely

April 1, 2024

Tax season has arrived. This means you’ll either owe money for underestimating your taxes or the IRS will be sending a tax refund your way. While this seems like a compelling time to splurge on that thing you’ve been eyeing, the FCAA urges you to pause and look to the long term. Yes, we realize this isn’t the “fun” choice. However, choosing how to spend your tax refund wisely may make life a lot more fun and much less stressful in the years to come.

In this article, we will share why you are receiving a refund and discuss four smart ways to spend your tax refund. [Read more…] about 4 Ways to Spend Your Tax Refund Wisely

National Financial Literacy Month 2024

March 18, 2024

April is National Financial Literacy Month, and we’re celebrating! Financial literacy is so important to improve your marriage, your parenting and your life.

As a leading non-profit consumer financial education organization, the FCAA is pleased to provide a wide range of free educational resources. Please take advantage of these enlightening videos, tips and tools from our credit counseling agency members.

If you need help managing debt or building a budget, contact us. We’ll put you in touch with a certified non-profit credit counselor.

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Financial Strategies for Seniors in Debt

March 5, 2024

As older adults wrestle with changing income and expenses, some find themselves burdened by debt. Having debt in retirement can be scary and comes with different financial challenges than debt for younger adults. For seniors in debt, managing money can become more difficult as finances change. However, it’s possible to create a healthy path to financial freedom.

Read more about financial challenges impacting seniors and strategies to help seniors get out of debt. [Read more…] about Financial Strategies for Seniors in Debt

Debt Relief Options – Which Is Right for You?

February 6, 2024

Debt management, debt consolidation and debt settlement offer different ways to obtain debt relief.

Debt can come swiftly or grow gradually over time. When bills begin rolling in and payments become overwhelming, there are options available to help. Before jumping into a plan, make sure you know your options for debt relief and which one best fits your situation.

While debt management, debt consolidation and debt settlement sound similar, each offers a distinct approach. The right choice can bring freedom and relief, while the wrong choice could harm your credit score and impact your finances for years to come. [Read more…] about Debt Relief Options – Which Is Right for You?

FCAA Welcomes New Credit Counseling Agency Members

January 15, 2024

The Financial Counseling Association of America (FCAA) is pleased to announce the addition of three new member agencies. Money Management International, American Financial Solutions and InCharge Debt Solutions have joined the ranks of other leading non-profit credit counseling agencies (CCAs) that make up the organization.

“These outstanding agencies not only make the FCAA stronger but also bring new voices and ideas to the table,” said Lori Pollack, FCAA executive director. “Together, our members serve hundreds of thousands of consumers each year.” [Read more…] about FCAA Welcomes New Credit Counseling Agency Members

5 Tips to Get Financially Fit in 2024

January 7, 2024

Americans say their financial health is a top priority in 2024. Nearly 70% have financial regrets from 2023. Most plan to focus on building better financial fitness in the New Year.

Getting fit and stronger in any area of life takes effort, especially if you’ve neglected it for a while. The Financial Counseling Association of America (FCAA) offers 5 tips to help you get financially fit in 2024.