Retailers are notorious for launching frequent sales and campaigns to increase their profits. Their powerful language and alluring displays can entice customers to spend on items they don’t actually need. It is easy to rationalize spending in the moment when the deal is too good to pass, especially when a consumer may think another great deal may not appear for a while. Retailers know they have the power to provoke spending by having regular sales. […]
It is not uncommon to sell gently used or unused items sitting around your house to make some extra money. In fact, it has become commonplace to sell clothes, accessories, collectibles, and other items online to trade in something that is collecting dust for cash. PCS Debt Relief offers our best tips for turning trash into treasure to gain some extra dollars over the summer. […]
It is common for young adults to find themselves in a situation where they have an overwhelming amount of credit card debt accumulated in a short period of time. This boils down to lack of self-control, lack of knowledge, and the ease of swiping a credit card in exchange for goods you might not actually need. In our culture, where spending with a swipe or click is glamorized, it is essential for parents to educate […]
Debt relief is more than numbers. It’s about people and helping them achieve financial stability. Some debt relief companies are concerned with settling as much debt as they can to sell their services with statistics while neglecting the very personal aspects of helping people reach financial freedom. PCS Debt Relief takes a different approach when helping individuals and businesses become debt free. This week, we highlight the reasons of why you are more than just […]
Working a 9-to-5 job, 7 days a week can cause you to feel as if you are stuck in a rut from the mundane repetition. When the 2 days of the weekend we use to rejuvenate aren’t enough, we know it is time for a vacation. To clear your mind of the tasks and responsibilities of your job, it is necessary to relocate, relax, and recharge. Physically removing yourself from the environment where you get […]
When the temperatures start to rise during the sweltering summer months, businesses should try to find the best ways to lower their expenses. It can be difficult to know how to make the most of your hard-earned dollars, but PCS Debt Relief has some solutions to keep your business’s finances on track during the summer. This week, we reveal the best ways to cut business costs to save some extra money.
Investing is when you commit to saving your money for a project or your future. If you search the phrase “Investing in Your Future” you will be inundated with stock market sites and investing opportunities. Stocks, bonds, and annuities all carry market risks, interest rate risks, and the potential loss of capital. Though the goal of investing is to make more money, there are no guarantees with investing. What if you could invest without the risk? […]
When running a business, there are a variety of factors that can influence your success. These include industry, company size, and seasonal downturn. How do businesses manage their finances during seasonal downturn and continue to be profitable? In this week’s blog, PCS Debt Relief answers this question to help you keep your business finances on track.
How do you know if you qualify for insolvency? According to the IRS, a taxpayer is insolvent when your total liabilities exceed your total assets. What does this mean for someone who has already settled their debts? The forgiven debt may be excluded as income under the “insolvency” exclusion. Normally, a taxpayer is not required to include forgiven debts in income to the extent that the taxpayer is […]
Whether you are a small business or a large corporation, credit cards are a useful tool when managing your business expenses. Credit cards make it easy to spend money, but their high interest rates can also quickly hurt your business’s finances. This week, PCS Debt Relief offers you tips for running your business on credit cards and what you can do to stay in control of spending.