Monthly Archives: March 2017

Why Do Americans Hate Debt?

It’s pretty safe to say most Americans think that debt is bad, but so many Americans have thousands in credit card debt. So, why do most of us think that debt is bad when so many of us have it? You might be surprised to learn that it might be because of our emotions. Americans Hate Debt, But Why? There is good debt and then there is bad debt. Good debt is usually accumulated on something that will add value to your life in the future. Mortgages and school loans are most often considered good debt because most houses gain value, and a college degree can improve your earning potential. Bad debt is generally hard to deal with, and doesn’t particularly add to your finances down the line. It’s this kind of debt that bothers people the most. Credit card debt is one of the major causes of bad debt,…
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What Cyber Security Measures Does Your Business Need?

Is your business capable of handling the problems presented by the digital age? The world is becoming more and more dependent on handheld devices and the internet. That’s why it’s becoming so important for your business to be connected, but that connectivity comes with some security risks that you need to be prepared for. Does My Business Need Cyber Security Measures? Keep Updated– The older the software, the longer hackers have had to crack it. That’s why it is important to stay ahead of these cyber criminals by making sure you have the latest software. Be sure to also keep up with updates for the software you have since these updates often include security patches. Make Strong Passwords– If the password to any of your business’ systems is ‘1234’, ‘qwerty’ or “password’, then you have a weak password and you need to change it immediately. Secure passwords use letters (capital…
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Have You Fallen Victim to Any of These Bad Debts?

Are you having problems making ends meet? Are you behind on loan or mortgage payments? Have you tried to get back on track but you can’t figure out why things aren’t changing? These may be a sign that bad debt is hanging over your head, but our New Jersey bankruptcy attorneys have seen these debts first hand. Here are a few ways you can fight these bad debts off… Ways We Fall Victim to Bad Debts Overspending—If you make $1,500 a month, but spend $200 on cable, internet, and cell phone bills, you’re probably overspending. These are mostly entertainment, and when it comes to debt, no entertainment is worth digging yourself deeper into the hole. Waiting– If you are just five or six months behind on your mortgage, then you still have options. Bankruptcy lawyers can help you negotiate a loan modification to get you back on track. But every…
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