In today’s episode, “Do NOT Cosign that Loan,” I’m going to tell why it’s NEVER a good idea to cosign a loan for a friend or family member, whether it’s a credit card, car loan, or a mortgage. Cosigning is hazardous to your financial and relational health. There are both money consequences and relationship consequences when someone defaults on a …
What To Do When There’s Not Enough Money to Pay All the Bills (Podcast)
When there’s not enough money to pay all of the bills, we can end up making emotional decisions that make our situation even worse. I’ve been on both sides of the collections equation – I used to work as a collector for Citibank and I’ve had times in my life when collectors were calling me. I understand how stressful and …