A few months ago, I wrote about how common it is for widows to struggle with the reality of being on their own, financially and in most other aspects of their life. You, the surviving spouse have to re-establish life as an individual. This can feel overwhelming. Depending on how you and your partner handled … Read More
Showing all posts tagged debt
7 Credit Card Tips to Improve Your Credit & Control Your Debt
Pay your credit card off completely each month. The siamese twin to this tip is “don’t put anything on your credit card you can’t afford to pay off completely when the bill the comes due.” Set up automatic payments. It’s easy through online banking or asking the bank to set up an automatic transfer so … Read More
Debt after Death: Credit Concerns Following the Loss of Your Spouse
When your spouse/partner dies, what happens to any debt they had or that you shared jointly? Are you responsible for any money owed? What will happen to your credit rating? With household debt in the U.S. and Canada being at or near all-time highs, chances are the death of your spouse will bring questions about … Read More