The 50-20-30 Budget Rule is intended to help you budget your after-tax income. The premise of the rule is simple – divide your after-tax income into three categories: 50% goes to “needs,” 20% goes to “savings,” and 30% goes to “wants.” This formula can help individuals plan for unforeseen emergencies or retirement, and can also help avoid credit card debt. Once you have determined your after-tax income, you can start to distinguish which […]
In order to meet your financial goals this year, there are a few steps that you can take to ensure your success. First, create a budget, and commit to following that plan. Second, make a yearlong analysis of your goals (I.e. where you want to be this time next year). Thirdly, start investing or saving your money. And lastly, you should work towards getting out of any accrued debt. Follow each of these steps, and […]
Love is out of control this month and so are flower and candy prices. Valentine’s Day can be a financially costly holiday depending on what you plan on doing with your significant other.
If you are looking for some fun and financially friendly date ideas this is the list for you: […]
Financial stress caused by debt can bring out the worst in us if we let it. Staying positive can often be hard when we’re burdened by financial problems. Trying to pay off debt can be a strenuous endeavor, which is why it’s important to remind ourselves to remain hopeful during the process.
Here are some ways to stay positive amidst financial debt: […]
One out of every ten Americans came out of the 2009 financial crisis with one or more debts in collections according to the Consumer Financial Protection Bureau (CFPB). Debt collection can be especially intimidating if you don’t know your rights. There is a lot of misinformation on the internet about how to deal with debt collectors and what they can and cannot do that can fuel this anxiety.
Believing the myths about debt collectors can […]
Do you know where your money goes each month? Do you have a set budget that you routinely stick to? Just the thought of your finances can raise your anxiety but creating and sticking to a budget is essential to a successful financial future, especially if you’re already swimming in debt.
You do not need to be a financial expert to understand how much money you have to spend each month, you simply need to follow […]
Debt is already stressful enough as it is. Why compound the stress by working with a debt settlement company that charges you up-front fees and extra for consultations and cancellations if it doesn’t work out?
At PCS Debt Relief, we make it simple for you. We’re proud to say that we offer several options for individuals seeking debt relief while avoiding bankruptcy – and we have more than three decades of experience to boot. We also […]
School is back in session and that means new classes, books, and…extra expenses. As a young student with a limited income, college can be a big financial burden.
PCS Debt Relief recommends educating yourself with these money-saving tips for the upcoming college semester:
Fill Out FAFSA Every Year
FAFSA is the key to your financial aid in college. If you do not fill it out, you likely will not get any financial aid. Most people do not realize […]